Qred Holding AB (publ) eng

Qred teams up with foodora

Share
Qred, market leader within small business financing, begins 2021 by initiating a new partnership with marketplace and Q-commerce platform foodora. Together they will make sure that restaurants and cafés are provided access to financing suitable for their business.

Stockholm, January 19, 2021 - Small business financing meets Q-commerce in the new partnership between Qred and foodora, that was initiated just before the end of 2020. Last year's events and special circumstances have hit the restaurant industry hard and many companies have shifted focus to home delivery and take-away. Together, Qred and foodora will work to support the companies within the segment through this paradigm shift by offering the right tools and suitable financing.

“Times have been really tough on restaurants and cafés lately. With foodora and our expertise within small business finance, we will be able to power even more restaurants, cafés and stores with the right tools and financing”, says Helena Rissel, Partnership Manager at Qred. 

“It is exciting to start the new year by initiating the partnership with an innovative fintech company. It is in foodora’s nature to team up with companies that think outside the box. Together, we can support the local business community, the hub of Swedish economy”, says Johan Nordström, Head of Business Development foodora. 

The partnership has been live since December 2020.

Contacts

Images

About Qred Holding AB (publ) eng

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 

Subscribe to releases from Qred Holding AB (publ) eng

Subscribe to all the latest releases from Qred Holding AB (publ) eng by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Qred Holding AB (publ) eng

Qred Holding AB (publ) successfully places EUR 40 million of senior secured floating rate bonds and announces intention to redeem its outstanding senior secured callable floating rate bonds13.4.2022 11:00:00 CEST | Press release

Qred Holding AB (publ), Reg. No. 559031-0685 (the "Company"), has successfully placed EUR 40 million of senior secured floating rate bonds under a framework of EUR 60 million to qualified investors in the Nordics and Europe (the “New Bonds”). The New Bonds will have a tenor of 3 years and the proceeds from the transaction will be used to redeem the Company’s outstanding bonds with ISIN SE0012507267 (the “Existing Bonds”), to fund general corporate purposes, including the provision of new loans, and to finance transaction-related costs. Pareto Securities AB acted as sole bookrunner on the transaction and the settlement of the New Bonds will take place on 22 April 2022. In addition, the Company has today exercised its option to redeem the Existing Bonds early. Redemption of the Existing Bonds will occur on 11 May 2022 (the “Redemption Date”). The Issuer will redeem the Existing Bonds at an amount per Bond equal to 100 per cent. of the Nominal Amount (as well as accrued but unpaid interes

Qred increased operating income with 44%28.2.2022 09:00:00 CET | Press release

Stockholm, February 28, 2022 - Qred continues to grow with profitability. Operating income during the interim period increased by 44% and operating profit amounted to SEK 10.7 million. During the quarter, Qred carried out a directed new share issue to the Nordic Capital Evolution Fund, which enables continued expansion and development of new smart services and products that simplify life for small businesses owners. After the new share issue, the company's equity / assets ratio is 45.5%. In early 2022, Qred started operations aimed at Norwegian small businesses, making Qred the first fintech company in financing and payment to small businesses with coverage throughout the Nordic region, in addition to the Netherlands and Belgium. Values ​​for the same period last year are stated within brackets. October - December 2021 The number of active users increased by 44% to 13,483 (9,498) Operating income increased by 44% to SEK 105.7 m (73.6) Commission income increased by 85% to SEK 66.3 m (3

Qred Holding AB (publ) initiates fixed income investor meetings to evaluate bond refinancing and provides financial update17.2.2022 08:00:00 CET | Press release

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN. THE SECURITIES MENTIONED HEREIN HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED. THEY MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES, EXCEPT PURSUANT TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. NO PUBLIC OFFERING WILL BE MADE IN THE UNITED STATES AND THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN. Stockholm, 17 February 2022 - Qred Holding AB (publ), Reg. No. 559031-0685 (the "Company"), has mandated Pareto Securities AB as sole bookrunner to arrange a series of fixed income investor meetings commencing on Monday, February 21, 2022, and subject to, inter alia, market conditions, a senior secured bond issue in an amount of EUR 40-50 million may follow (the “New Bonds” or the “Bond Issue”). The proceeds from the New Bonds will be applied tow

HiddenA line styled icon from Orion Icon Library.Eye