Mmastodon BusinessBanking first seen 11 h ago, last 16 min ago, peak #4

Trustly cuts 200 jobs, a quarter of its workforce

Original: Open banking fintech Trustly cuts 200 jobs globally The company is cutting around a quarter of its global workforce afte

Open banking payments company Trustly is cutting around 200 jobs globally, roughly a quarter of its workforce, after a 16.8% revenue drop widened net losses in 2025. The Swedish fintech says it is still pressing ahead with US expansion and has appointed a new chief technology officer as it restructures.

Why now: Major layoffs at a leading open banking firm amid falling revenue highlight mounting pressure in the fintech sector.

Trustly

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• Open banking fintech Trustly cuts 200 jobs globally The company is cutting around a quarter of its global workforce after a 16.8% revenue drop widened net losses in 2025, even as it eyes further US expansion with a new CTO. https://www. fintechfutures.com/job-cuts-ne… · AlexJimenez@mas.to · 1

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