• Andrea Prola

PE-backed Trustly's €9 B debut to join fintech IPO wave

Nordic Capital-backed payments company Trustly is planning to go public this year in Q2 - Reuters reported - riding a wave of investor interest in fintech as COVID-19 has driven more transactions online.

Nordic has hired Goldman Sachs, J.P. Morgan and Carnegie Investment Bank to work on the IPO - expected to be in Stockholm – which could be valued up to €9 billion.