SHARE

Bridgepoint Development Capital exits payments processor Trustly to Nordic Capital

The firm has yielded an 8.8x money multiple on its investment in the Sweden-based money transfer app. Trustly, which operates in 29 European markets, enables one-to-one account payments and handles transactions worth around €594.1m every month.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.