Trustly appoints Mats Backman as Group Chief Financial Officer

Stockholm, Sweden, 14 January 2021 – Trustly, the global leader in Online Banking Payments, is pleased to announce the appointment of its new Group Chief Financial Officer, Mats Backman. 

Currently the CFO at Veoneer, a worldwide leader in automotive technology listed on the New York Stock Exchange and Nasdaq Stockholm, Backman brings with him 25 years of experience in finance, compliance, M&A and international expansion. Prior to Veoneer, he worked as Group CFO at Autoliv and, before that, as Group CFO at Sandvik, both of which are large global leaders within their respective industries. Backman is also a board member of Gränges. 

Oscar Berglund, CEO at Trustly, says: “We are excited to welcome Mats to the Trustly team. He joins us with a wealth of industry, technology and financial expertise, alongside a proven senior leadership track record. All of this, coupled with extensive international experience gained at world-leading corporations, will be vital for Trustly given our hypergrowth in the US, strong continued growth in Europe, and future expansion plans.” 

Mats Backman says: “Trustly is the undisputed global leader in Online Banking  Payments, a payment solution that is growing rapidly. I am thrilled to be part of the team and bring further experience to support the global expansion.”

Jonas Palmquist, current Group CFO since 2015, will continue as Trustly’s CFO for the EMEA region.


About Trustly

Founded in 2008, Trustly is the global leader in Online Banking Payments. Our account-to-account network bypasses the card networks, letting consumers make fast, simple and secure payments to merchants directly from their online banking accounts. With support for more than 6,300 banks, roughly 525 million consumers across Europe and North America can pay with Trustly. We serve many of the world’s most prominent merchants within e-commerce, financial services, gaming, media, telecom and travel, which all benefit from increased consumer conversion and reduced operations, fraud and chargeback costs.

Trustly has 500 employees across Europe, the US and Latin America. We are a licensed Payment Institution under the second payment services directive (PSD2) and operate under the supervision of the Swedish Financial Supervisory Authority in Europe. In the US, we are state regulated as required to serve our target markets. Read more at