TrueLayer, which is one of Europe’s Open Banking platforms, has announced its expanding operations into Sweden with the appointment of ex- Adyen executive Karl Hagner as its Country Manager.
An experienced commercial manager, with a sharp focus on payments in digital commerce, Stockholm’s Karl will be responsible for defining and managing commercial strategy in the country, alongside TrueLayer’s CRO Max Emilson.
TrueLayer’s expansion to Sweden “comes as demand for the firm’s open banking platform, comprising payments, payouts and access to financial data, continues to grow.”
Karl will lead the firm’s expansion in Sweden, “with a focus on scaling commercial operations and supporting existing TrueLayer clients to expand into the country.”
Hagner stated:
“Working in the payments industry, I’m fascinated by emerging trends and solutions that merchants will require to deliver the best possible experiences to meet consumers’ changing expectations. It is clear that open banking is delivering that, with its ability to solve payments pain points in ecommerce, B2B, wealth and fintech. It’s also an exciting time to join TrueLayer as it expands, cementing its position as the open banking leader across Europe. With a strong customer base and proven open banking expertise we can support innovative services that will benefit Swedish consumers and businesses.”
Karl brings considerable experience in payments having spent nearly 4 years in senior positions at Payment Services Provider (PSP) Adyen, “initially in Stockholm, and later on, as its account management lead in Toronto.”
The introduction of Swedish operations follows TrueLayer’s ongoing European expansion, “adding connectivity to hundreds of banks in Austria, Belgium, Denmark, Finland and Portugal through PSD2-compliant APIs.”
Max Emilson, CRO at TrueLayer, remarked:
“We are bringing together experts to supercharge our European growth, adding experienced leaders in France, Germany and now Sweden. Karl’s payments and ecommerce knowledge, coupled with his experience of scaling teams in Sweden and Canada will be invaluable to us as we grow in the country.”
