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Mmastodon BusinessBanking first seen 18 h ago, last 3 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 net losses in 2025. The company says it is also pressing ahead with US expansion and has appointed a new chief technology officer as part of the restructuring.

Why now: Major layoffs at a prominent fintech amid falling revenue and widening losses draw wide attention.

Trustly

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Rank over time, top of the chart is #1. 2 snapshots from 4 h ago to 3 h ago.

Evidence

API: https://socialmediatrends-api.osmike.com/v1/trends/1014615