Trustly Group AB appoints a new CTO and Product Officer
Trustly, the Swedish firm behind Pay n Play technology now widely used in online casinos, has recently announced the newest member of staff to join its ever-expanding ranks.
Karim Ahmad has been named Trustly’s Global Chief Technology and Product Officer starting immediately. This newly-created position will involve a massive amount of responsibility for Trustly’s existing products such as the account-to-account network that allows consumers to make quick and easy payments.
Reporting directly to CEO Oscar Berglund, Ahmad brings decades of experience in Fintech and long-term strategy to Trustly. He also possesses expertise in performance improvement, mergers & acquisitions as well as private equity – all of which are sure to be put to good use considering Trustly’s recent plans to expand into Canada and Australia.
In a press release, Ahmad discussed the role further, stating:
Trustly is the undisputed global leader in Online Banking Payments, a payment method that is growing rapidly on the back of its clear and tangible benefits to merchants and consumers alike. Increasingly, merchants recognize the need for a high-conversion, cost-efficient and international alternative to card payments.
CEO Oscar Berglund added to Ahmad’s comments:
We are excited to welcome Karim to the Trustly team. He joins us with a wealth of industry expertise, payments technology and product understanding, alongside a proven senior leadership track record.
Who is Karim Ahmad?
Trustly’s most recent hire brings a wealth of experience from many previous positions. Before working with Trustly, Ahmad was Chief Product and Transformation Officer for London-based firm Paysafe Group. The role saw him implement a long-term strategy and road map – something which Trustly may themselves be very interested in.
Before Paysafe, Ahmad worked as EVP, Global Product and Innovation for TSYS, a US-based company offering a wide spectrum of payment solutions. Prior to this, he was a partner at Bain & Co, specializing in payments and financial services. This role also saw him advising clients on topics including product development, platform assessments, launch strategy, and strategic partnerships.
Ahmad has also been employed by the International Finance Corporation where he spent four years as a Project Manager and one year as an Investment Officer.
Considering Trustly’s ambitious plans that include expansion abroad and a new partnership with Rightlander, it is little wonder that they are absorbing talented, experienced individuals such as Karim Ahmad.
Trustly has also been making waves in other markets recently by sponsoring a variety of iGaming expos and conferences such as the Mare Balticum held annually in Estonia.