Qred

Qred is a tech enabled bank offering financing to small businesses and one of Europe’s fastest growing fintech companies

Company Background

• A leading provider of financing and payment services to small businesses and a market leader in Northern Europe for automated online business loans.
• The company's leading technology and automated data processing give companies a quick and easy credit assessment combined with access to personal customer service.
• More than 12,000 monthly active users and has served 50,000+ businesses across Sweden, Finland, Denmark, Norway, Germany, the Netherlands and Belgium. Qred’s financing has helped create 50,000 new jobs in all markets.

Vision & Outlook

• Expand Qred's business across Europe and increase its international presence.
• Invest in new products for responsible and inclusive lending.

Highlights & Updates

• The company was granted a full bank license by the Swedish Financial Supervisory Authority in 2023.
• Qred has been recognised on the Financial Times list of Europe’s fastest-growing companies for four consecutive years and was the winner of the Nordic Scaleup Award in 2024.
• Strong expansion strategy has expanded into Germany during the recent quarter.
• Has announced the expansion of its product offering to include new financial solutions for individuals in Sweden, developed in collaboration with a leading provider in the Nordics. This strategic move demonstrates Qred’s dedication to addressing the evolving financial needs of its audience.