Trustly, Inc. Appoints Frederick Crosby as CRO and Craig McDonald as CBDO

SAN CARLOS, Calif.--(BUSINESS WIRE)--Trustly, the global leader in Open Banking Payments, is proud to announce the appointment of Frederick Crosby as Chief Revenue Officer (“CRO”) and Craig McDonald as Chief Business Development Officer (“CBDO”).

Frederick Crosby is a proven go-to-market executive with significant experience in the digital B2C and B2B payment space. He joins Trustly with senior leadership experience at Western Union, eBay, PayPal, and most recently Nium and Veem.

Craig assumes his new role after having been instrumental in driving Trustly's growth since 2017 when he joined PayWithMyBank (now Trustly) as Chief Business Officer. Craig is a fintech veteran with over 20 years of experience working to solve payments challenges.

“On behalf of the Board and the team, I am proud to announce the appointments of Frederick Crosby as our new CRO and Craig McDonald as our new CBDO,” said Alexandre Gonthier, CEO of Trustly, Inc. “I am thrilled to welcome Frederick, who brings a wealth of experience in building teams that drove growth in the digital payments space. He will play a pivotal role in leading our go-to-market team and taking Trustly to the next level. Frederick will benefit from the solid foundation laid by Craig, who will continue to steer our profitable growth strategy.”

About Trustly

Founded in 2008, Trustly is a global leader in Open Banking Payments. Our digital account-to-account platform redefines the speed, simplicity, and security of payments, linking some of the world’s most prominent merchants with consumers directly from their online banking accounts. Trustly can handle the entire payment journey, setting us apart from the competition and enabling us to offer an attractive alternative to traditional card networks. Today we serve 8,100 merchants, connecting them with 650+ million consumers and 12,000 banks in over 30 countries; and in 2022 we processed over $42 billion in transaction volume in our global network.

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 www.trustly.com.