Qred issues 100 MEUR bond
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.
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.
Karin JihdePress OfficerTel:+email@example.com
About Qred Holding AB (publ) eng
Founded in 2015 by entrepreneurs for entrepreneurs, Qred is now Sweden’s fastest growing fintech company according to Financial Times. Qred is the market leader in the Nordic region and has Sweden’s most satisfied customers according to Trustpilot. With operations in Sweden, Finland, Denmark, the Netherlands, Brazil and Belgium - Qred has helped more than 25,000 companies Qred’s fully automated, proprietary credit scoring system allows us to quickly and competitively provide business owners with the power they need to grow. Right now, Qred is creating ten jobs a day, 7 days a week.
To read more about Qred, please visit: https://www.qred.com/en-se/about
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Latest releases from Qred Holding AB (publ) eng
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Qred increases number of active customers by 44 %13.8.2021 10:00:00 CEST | Press release
Qred, market leader within small business financing in the Nordic region, continues to grow and show profitability during the second quarter of 2021. The number of monthly active users amounted to 11,545, which means a growth of 44%.
Qred receives Visa Principal Membership10.8.2021 10:30:00 CEST | Press release
Swedish fintech and SME financial provider Qred has become a principal member of Visa, joining a short list of fintechs able to issue their own credit cards. The membership allows the company to power even more entrepreneurs than before by being able to issue the first credit card specifically designed for SMEs across their European markets.
Qred hires CPO from Klarna30.6.2021 14:30:00 CEST | Press release
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Sean Cory joins Qred as Chairman of the Board22.6.2021 10:00:00 CEST | Press release
Swedish fintech company Qred has elected Sean Cory to become Chairman of the board for the company. Cory is currently working as Managing Partner Northern Europe at Oliver Wyman. He succeeds Mattias Carlsson, who has had the position since 2017 and is now moving on to new assignments.
Interim report Q1: Commission income increased by 171%14.5.2021 14:30:00 CEST | Press release
January-March 2021 Qred continued to grow during the quarter and consolidated its position as market leader in the Nordic region and the Netherlands / Belgium. Qred's automated, smart and easy to use products that simplify financing for small businesses are much appreciated in the customer segment, and has resulted in Qred having Sweden's most satisfied customers with an average rating of 4.8 on Trustpilot. Commission income increased by 171% as a result of an increasing amount of loans being brokered. The number of active customers increased by more than 3,000 and amounted to 10,408 (7,387). Adjusted for extraordinary revenues in Q1 2020, revenues increased by 40% to SEK 80.1 m (57.4). Large resources are invested in developing new services. Qred will launch a unique credit card tailored for small businesses. The card comes with a number of features such as automated accounting, credits approved in real-time and improved ability to control the company's expenses. Values for the same
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