Qred Holding AB (publ) eng

Qred launches new B2B payments platform allowing businesses to pay any invoice with their Qred Visa

The new, free service is available to all Qred VISA holders and will allow businesses to swiftly pay any invoice directly from the Qred app and benefit from up to 45 days interest free liquidity.

Stockholm, 4 April  2022 - Qred is pleased to announce a brand new payments platform specifically designed to help small businesses free up short-term capital and save them time when paying bills. 

The new service, which will be available via Qred’s app, will allow businesses to pay any invoice they have - whether it’s an electricity bill, to pay for supplies or inventory - with the Qred VISA card enjoying up to 45 days interest free credit. And best of all, there are zero additional fees charged. 

“Tens of billions of dollars worth of invoices are issued each year and for most businesses the only way to pay them is to use cash directly from their account since most suppliers or vendors don’t accept card payments. With our new payment platform, small businesses can use their Qred VISA to pay any invoice they have with much more flexible payment terms. This frees up much needed, short-term cash which is the life blood of most entrepreneurs.” says Emil Sunvisson, CEO of Qred.

The new payment service is immediately available to all Qred VISA card holders and can be accessed via Qred’s App. Additional payment options will be added in the near future. 

Read more at: https://en.qred.se/pay-invoices-with-creditcard 

To help power the launch of this platform and Qred's continued overall growth, we are pleased to announce that Nordic Capital is investing a further €10m of capital as part of its ongoing support and commitment. This additional investment will allow Qred to continue to deliver innovative products and services to small businesses throughout Northern Europe.

The Board of Directors of Qred Holding AB (publ), Reg. No. 559031-0685, has resolved to recommend a directed issue, raising a total of EUR 10m for Qred. The issue is directed to, and will be fully subscribed by, Nordic Capital Evolution.

The issue is subject to shareholder approval at an extraordinary general meeting on 19 April, 2022.



About Qred Holding AB (publ) eng

Qred Holding AB (publ) eng
Qred Holding AB (publ) eng

Om Qred
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, Belgium and Norway - 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: About Qred

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Latest releases from Qred Holding AB (publ) eng

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