Qred
Formation2015
Legal statusBanking company
HeadquartersStockholm, Sweden
Websiteen.qred.se

Qred (founded 2015) is a Swedish fintech company[1][2] headquartered in Stockholm.[3][4][5]

History

In 2023, Qred was granted a banking license by The Swedish Financial Supervisory Authority (SFSA).[3][6][7] Having acquiring a banking license, Qred offer its services across the European Union.[8][9]

The board elected Mattias Carlsson as its new chairman.[10]

Qred issued the Qred Visa to aid small firms in releasing short-term capital.[11]

Qred entered the B2B payments market after receiving €10 million in funding from the company's founding investor, Nordic Capital.[12]

The company has appeared on the Financial Times' list of the 1,000 firms in Europe with the fastest rate of growth each year for the previous four years.[8][13]

References

  1. ↑ "AI-powered lender Qred wins banking license in Sweden". IBS Intelligence. Retrieved 2023-10-21.
  2. ↑ "AI-powered lender Qred to be Europe's newest bank". ffnews.com. Retrieved 2023-10-21.
  3. 1 2 "Swedish fintech Qred lands full banking licence".
  4. ↑ Staff, L. F. W. (2016-01-20). "RGB Lasersystems to present portable NIR spectrometer at SPIE BiOS and Photonics West 2016". Laser Focus World. Retrieved 2023-10-21.
  5. ↑ "Sweden's Qred Now One of Europe's Newest Banks, Appoints Mattias Carlsson as Chair of the Board".
  6. ↑ "Swedish AI-powered lender Qred to become Europe's newest bank". Global Relay Intelligence & Practice. 2023-05-30. Retrieved 2023-10-21.
  7. ↑ "Qred drar igång bankverksamhet och väljer om nygammal ordförande". nyheter24.se (in Swedish). 2023-10-02. Retrieved 2023-10-21.
  8. 1 2 Woffenden, Claire (2023-05-28). "Qred Becomes Europe's Newest Bank, Boosting Small Business Financing". The Fintech Times. Retrieved 2023-10-21.
  9. ↑ Muhn (@julieschicktanz), Julie (2022-04-04). "Qred Launches New B2B Payments Platform, Raises $11 Million". Finovate. Retrieved 2023-10-21.
  10. ↑ "Qred drar igång bankverksamhet och väljer om nygammal ordförande". Realtid (in Swedish). 2023-10-02. Retrieved 2023-10-21.
  11. ↑ PYMNTS (2022-04-04). "Sweden's Qred Unveils B2B Payments Platform With Visa Option; Raises €10M". www.pymnts.com. Retrieved 2023-10-21.
  12. ↑ "Qred wins banking licence". Finextra Research. 2023-05-25. Retrieved 2023-10-21.
  13. ↑ "Swedish finteh Qred activates banking licence". Finextra Research. 2023-10-02. Retrieved 2023-10-21.
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