Qred Holding AB (publ) eng

Qred receives license to provide payment services

Dela

Swedish Financial Supervisory Authority (S-FSA) grants Swedish fintech company Qred permission to conduct payment services. The company will now broaden their product range and keep developing new and innovative financial products for small businesses.

Qred CEO Emil Sunvisson at Qred Stockholm offices
Qred CEO Emil Sunvisson at Qred Stockholm offices

Stockholm, 25 November, 2020 - Sweden's fastest growing fintech company Qred announced earlier this year its accelerated expansion plan by launching in another new market; Belgium. Another step in the company's long-term expansion plan is now complete with the permit that Qred has received from S-FSA recently. The permit enables Qred to continue to develop new and innovative financial products for small businesses.

"The PSD2 license is a huge opportunity for fintech companies who want to challenge the traditional banks with new and innovative payment solutions. Now, we gain access to the banks’ interface and can offer our customers to initiate payments from Qred’s platform. Long term, we believe that the customers’ loyalty will transfer from the banks to companies who deliver added value based on technology and innovation,” says Emil Sunvisson, CEO of Qred. 

S-FSA’s decision was made last week. More specifically, the license received is the PSD2 license and gives Qred permission to operate payment services. This license includes both Payment Initiation Service (PIS) and Account Information Service (AIS). 

Kontakter

Bilder

Qred CEO Emil Sunvisson at Qred Stockholm offices
Qred CEO Emil Sunvisson at Qred Stockholm offices
Ladda ned bild

Om

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



About Qred
Founded in 2015 by entrepreneurs for entrepreneurs, Qred is now Sweden’s fastest growing fintech company and market leader in the Nordic region. With operations in Sweden, Finland, Denmark, the Netherlands, Brazil and Belgium - Qred has lent over SEK 3 billion to growing businesses, creating more than 5,000 new jobs. Our fully automated, proprietary credit system allows us to quickly and competitively provide business owners with the power they need to grow their business.

To read more, please visit: About Qred

Följ Qred Holding AB (publ) eng

Abonnera på våra pressmeddelanden. Endast mejladress behövs och den används bara här. Du kan avanmäla dig när som helst.

Senaste pressmeddelandena från Qred Holding AB (publ) eng

Qred increases income by 90 % first quarter 202028.5.2020 14:30:00 CESTPress release

Qred’s growth in the first quarter of 2020 continued at a rapid pace, despite the difficult developments in the local and global economies. In early March, Qred was named Sweden’s fastest growing company and placed 8th in Europe, alongside global heavyweights, when the Financial Times published their annual list of Europe’s 1000 fastest growing companies. From mid-March, the situation in the market changed significantly as a result of the pandemic caused by the outbreak of the coronavirus. Qred’s business model is well suited to handle such downturns in the economy without large disruptions to our business. “We have been able to mitigate many of the effects caused by the corona virus thanks to our digitalized processes and cloud-based business model. In addition, we have a balanced customer base that extends across many industries, which spreads the risk further, “says Andrea Romander at Qred. The pandemic has however created uncertainty in the general economy going forward. The compan

Qred Holding AB publishes bond prospectus and applies for listing of its bonds on Nasdaq Stockholm17.4.2020 14:00:00 CESTPress release

Qred Holding AB (publ) (the “Company”) has issued a senior secured bond loan of EUR 40,000,000 on 17 June 2019, within a total framework amount of EUR 100,000,000, on the Swedish bond market. The bonds carry a floating interest rate and mature on 17 June 2022. The Company will apply for listing of the bonds on the Corporate Bond list at Nasdaq Stockholm during May 2020 and the bonds are planned to be admitted to trading at Nasdaq Stockholm during May or early June 2020. In connection with this, the Company has prepared a prospectus. The prospectus has been approved by, and registered with, the Swedish Financial Supervisory Authority in accordance with the Regulation (EU) 2017/1129 of 14 June 2017 of the European Parliament and of the Council. The prospectus will be available on the Financial Supervisory Authority’s website (www.fi.se) and on the Company’s website (wp.qred.com/se/bond-information). For further information, please contact: Andrea Gyllencreutz Romander, Head of Communicat

Qred repurchases bonds to strengthen equity27.3.2020 16:30:00 CETPress release

Qred Holding AB (publ) (the “Company”) has repurchased bonds with a nominal value of EUR 7,300,000. The repurchases concern the Company’s senior secured bonds with a nominal outstanding amount of EUR 40,000,000 (ISIN: SE001250726). The bonds have a floating rate corresponding to EURIBOR 3m plus 8.5 percent and are due in June 2022. The average purchase price corresponds to 75.75 percent of the nominal value of the bonds. Following the purchases, the Company’s holding amounts to a nominal amount of EUR 7,300,000.

I vårt pressrum kan du läsa de senaste pressmeddelandena, få tillgång till pressmaterial och hitta kontaktinformation.

Besök vårt pressrum