Qred

Qred issues 100 MEUR bond

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Qred, the market leading SME lender in Northern Europe, has announced the issuance of a corporate bond, in order to expand its operation in existing and new markets, and continue its growth trajectory. Investors in the bond include institutional investors such as banks, insurance companies and credit funds.

Emil Sunvisson, CEO and co-founder
Emil Sunvisson, CEO and co-founder

Qred AB (publ) has issued a bond of 3-year maturity ­of EUR 100 million, of which EUR 40 million will be released directly. The security shall be listed on the Nasdaq Nordic exchange.

”We are pleased to have received significant interest from leading institutions – it’s a stamp of approval on Qred’s sustainable and scalable business model. Small enterprises have been long overlooked by traditional banks, and these business owners deserve better treatment. Qred is already one of Sweden’s fastest growing companies. Now we can speed things up even more,” says Qred CEO Emil Sunvisson.

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Emil Sunvisson, CEO and co-founder
Emil Sunvisson, CEO and co-founder
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About Qred

Qred
Qred



Qred helps small companies grow by providing fair and accessible financing. Launched in Sweden in 2015, Qred has expanded to Finland, Denmark and the Netherlands, offering entrepreneurs loans for investments and working capital. An automated and fully digital process keeps costs and credit losses low, while simultaneously giving customers the user experience they deserve and expect. Qred was created for entrepreneurs, by entrepreneurs, and is helping redefine small business financing in northern Europe.

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Q3 Report: Qred Increases Lending by 95%28.11.2019 09:00:00 CETPress release

Consistent, strong growth continues to characterize the first nine months of the year. Qred is growing in both established markets such as Sweden and Finland, as well as in newer markets such as Denmark and the Netherlands. Thus far in 2019, the cost base in the group has grown in line with revenue growth. Interest income and the loan portfolio continue to increase, while operating income and earnings have been countered by a higher cost of funding.

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