Qred Holding AB (publ) eng

Sean Cory joins Qred as Chairman of the Board


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.

Stockholm, 22 June, 2021 - Since its beginning in 2015, Qred has become the market leader within SME financing in the Nordic region and also expanded its operations to the Netherlands and Belgium. With easy and flexible financing for SMEs Qred has helped more than 25,000 companies. Last year, Qred’s valuation exceeded SEK 1 billion and recently reached a milestone of having lent out more than SEK 5 billion. Now, Sean Cory joins the board of the company as chairman.

— Sean’s extensive experience in business development and finance will accelerate our company growth even further. It’s a great addition to Qred’s team, says Emil Sunvisson, CEO at Qred.

— I have had my eyes on Qred and their impressive journey since the company launched back in 2015. I look forward to working with one of Sweden’s fastest growing companies, says Sean Cory, Chairman of the board at Qred. 

Cory was elected during Qred’s AGM June 4th, 2021.



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 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: About Qred

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Latest releases from Qred Holding AB (publ) eng

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

Qred publishes annual report29.4.2021 20:30:00 CEST | Press release

Stockholm, 29 April 2021 - Today, Qred releases the annual report for 2020. Qred reports an increase in operating income of 57 percent compared with the previous year and the number of active users increased by 29 percent. Despite a year marked by the pandemics and restrictions, the fintech company has doubled the number of employees by hiring 60 new colleagues. In addition, Qred has helped tens of thousands of entrepreneurs in six markets through a very turbulent time. In 2020, Qred received an AIS / PIS license, which enables the development of new smart services. In addition, Qred launched in the company's sixth market; Belgium. “Qred is needed more than ever to support small businesses and help the next generation of heroes. We want to do what we can. Together, we create the conditions small companies need to be able to create growth, ”says Emil Sunvisson, CEO of Qred. Read the full report here: Annual Report 2020

Qred Holding AB (publ) obtains approval from bondholders to delist its senior secured bonds 2019/2022 from trading on regulated exchanges and multilateral trading facilities and applies for delisting19.4.2021 15:00:00 CEST | Pressmeddelande

Qred Holding AB (publ), Reg. No. 559031-0685 (the “Company”), has concluded the written procedure instigated on 22 March 2021 (the “Written Procedure”) that sought approval from bondholders (“Bondholders”) to amend the terms and conditions (“Bond Terms and Conditions”) to permit delisting of its senior secured bonds 2019/2022 with ISIN SE0012507267 (the “Bonds”) from trading on regulated exchanges and multilateral trading facilities. Participating Bondholders formed the requisite quorum and voted unanimously in favour of the request to amend the Bond Terms and Conditions. Consent to amend the Bond Terms and Conditions was deemed to be granted as from the expiry of the voting period on 16 April 2021. The results of the Written Procedure will also be sent by post to Bondholders, as well as be published on the website of the Bond agent, Nordic Trustee & Agency AB (publ) (www.nordictrustee.com). The amended Bond Terms and Conditions will be made available on the Company’s website. Each Bon

The Qred Group disposes of bonds to a total nominal amount of EUR 3,000,00023.3.2021 17:00:00 CET | Pressmeddelande

Qred Holding AB (publ), Reg. No. 559031-0685 (the “Company”), today announces that a wholly-owned subsidiary (together with the Company, the “Qred Group”) has disposed of senior secured bonds 2019/2022 with ISIN SE0012507267 issued by the Company in June 2019 (the “Bonds”) to a total nominal amount of EUR 3,000,000, in accordance with the terms and conditions of the Bonds. Following the disposal, the Qred Group’s own holding of Bonds amounts to a total nominal amount of EUR 18,200,000. Disclosure regulation This information is information that Qred Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at 17:00 CET on 23 March 2021.

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