Mmastodon BusinessBanking first seen 17 h ago, last 1 h ago, peak #4

Trustly cuts 200 jobs as losses widen

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

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

Why now: Large-scale layoffs and widening losses at a prominent open banking company raise concerns about the sector's financial health.

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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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