Trustly appoints new CTO complementing continued growth

credit: Shutterstock
credit: Shutterstock

Open Banking payments company Trustly has appointed Henrik Wallström as the new Chief Technology Officer (CTO) for its European division. 

Wallström will work to continue Trustly’s growth within the payment technology sector, where it has seen the firm achieve $100bn in total payments value. This landmark achievement underscores Trustly’s commitment to seeking new and alternative payment methods. 

Johan Tjärnberg, Group CEO at Trustly, commented: “Henrik brings a wealth of experience in building resilient, high-performing systems, which will be invaluable as we strengthen our capabilities. His expertise aligns perfectly with our commitment to delivering a more robust and reliable service for our partners. 

“We are delighted to welcome him to the business as we enter our next phase of growth in the months ahead.” 

Based in Stockholm, Wallström joins Trustly from communications platform Sinch where he served as CTO for the Applications business unit, leading global teams and focusing on integrating acquired companies, creating a shared operating model and technical platform.

Prior to Sinch, he was at Swedish buy now, pay later (BNPL) giant Klarna, where he launched the company’s Consumer Growth domain. 

Wallström also has an extensive entrepreneurial background, previously founding Finsit, a business intelligence tool for accounting data, which was used by over 30,000 companies prior to its acquisition by Wolters Kluwer in 2018. 

Commenting on his new role, Wallström said: “It’s already been an exciting few weeks since joining Trustly. The business’ technology firmly positions it as a leader in the open banking space. 

“I am looking forward to helping the company to continue to innovate in the years ahead and to support the development of new solutions to fuel growth and increase adoption of our game-changing technology.”