ZignSec has signed an agreement with Trustly Group AB which means that Trustly will use ZignSec's services for improved KYC (Know Your Customer) processes. Trustly Group AB is a fintech company that provides payment solutions in real time through its technology for direct payment via bank.

Today, Trustly is used by more than 8,000 companies and by 2020 the company had a reach of over 525 million consumers and was integrated into 6,300 banks in over 30 countries in Europe, North America and Australia.

Comment from Timm Schneider, CEO of ZignSec:

“We are very happy to work with Trustly and deliver our services to them. We understand the importance of optimizing KYC processes for payments because they must be both fast and accurate to meet strict regulatory requirements. Both ZignSec and Trustly benefit from the collaboration and will be able to continue to grow together globally.”

For more information, please contact:

Timm Schneider, CEO

Phone: +46 8121541 39

timm.schneider@zignsec.com

ABOUT ZIGNSEC

ZignSec AB (publ) is a RegTech company that develops and operates a technical platform that brings together different types of ID verification methods in one place. The methods are used by companies to securely and quickly identify online customers in real time. The company's customers are found in several industries where identification is important, with the greatest concentration in financial services and other regulated businesses.

IMPORTANT INFORMATION

This information is information that ZignSec AB (publ) is not obliged to make public pursuant to the EU Market Abuse Regulation. However, the information is of importance to communicate to the company’s interested parties.

Attachments

ZignSec Signs Agreement With Trustly Group AB