Qred Bank

Qred Bank AB is a Swedish digital bank specializing in financing products for small and medium-sized enterprises (SMEs). Founded in 2015 and headquartered in Stockholm, the company initially operated as a fintech lender before receiving a Swedish banking license in 2023.[better source needed] Qred Bank provides business loans, business credit cards, and savings accounts, and operates in several European markets.

History

Qred was founded in Stockholm in 2015. It became subject to Swedish banking regulation and supervision by the Swedish Financial Supervisory Authority. The company's board has been chaired by Mattias Carlsson since 2023, while co-founder Emil Sunvisson serves as chief executive officer.

During its early years, Qred expanded beyond Sweden into several European markets, including Finland, Denmark, the Netherlands, Belgium, Germany, and Norway. The company also established operations in Brazil through a joint venture.

In 2021, Nordic Capital invested in the company to support its international expansion and product development.[failed verification]

In May 2023, the Swedish Financial Supervisory Authority granted Qred a banking license, allowing the company to operate as Qred Bank AB and expand banking services across the European Union.[better source needed]

Qred has appeared multiple times in the Financial Times FT1000 ranking of Europe's fastest-growing companies. The company has also received the Nordic Scaleup Award, recognizing high-growth Nordic businesses.

Partnerships/Acquisitions

In 2024, cspaar partnered with Qred to provide Danish SMEs with easier access to business financing.

In 2025, Qred Bank partnered with Enable Banking to integrate open banking technology into its lending platform.

In 2026, Qred merged with Liberis. Verdane announced an investment in Qred as part of its combination with Liberis.

See also

References

  1. ↑ "Swedish fintech Qred lands full banking licence". FinTech Futures. Retrieved 2026-10-12.
  2. ↑ "Qred Bank App". App Store. 2026-05-11. Retrieved 2026-10-12.
  3. ↑ Finextra (2023-05-25). "Qred wins banking licence". Finextra Research. Retrieved 2026-10-12.
  4. ↑ Forsberg, Gustav (2024). Probability of Default Prediction for a Market-Entry Credit Risk Model using Domain Adaptation Techniques.
  5. ↑ AB, Breaking Media. "Svenska snabbväxaren i storaffär – slukar brittisk utmanare". www.breakit.se (in Swedish). Retrieved 2026-10-12.
  6. ↑ "Qred Bank AB (Sweden) - Bank Profile". thebanks.eu. Retrieved 2026-10-12.
  7. ↑ "Qred extends its reach with 3.1 million German SMEs". News Powered by Cision. 2024-09-25. Retrieved 2026-10-12.
  8. ↑ "Qred expands to Norway - first pan-Nordic fintech company within small business financing | Qred Holding AB (publ) eng". via.tt.se (in Swedish). Retrieved 2026-10-12.
  9. ↑ "Qred Gains Swedish Payments Services License | Finance Magnates". Financial and Business News | Finance Magnates. 2020-11-26. Retrieved 2026-10-12.
  10. ↑ Joseph, Irien (2025-11-18). "Nordic Capital signs deal to acquire Denmark's Evosep". PE Hub. Retrieved 2026-10-12.
  11. ↑ "Nordic Capital invests in and partners with Qred – one of Europe's fastest growing fintech companies". Nordic Capital. Retrieved 2026-10-12.
  12. ↑ Economics, The Global (2023-05-29). "Qred Emerges as Europe's Newest Bank". www.theglobaleconomics.com. Retrieved 2026-10-12.
  13. ↑ Habbe, Matilda (2026-06-28). "Ny ranking – här är banken som slår Avanza". Dagens PS (in Swedish). Retrieved 2026-10-12.
  14. ↑ "cspaar and Qred Bank AB join forces to boost Danish SMEs with flexible financing - ArcticStartup". 2024-12-10. Retrieved 2026-10-12.
  15. ↑ "Qred Bank partners with Enable Banking to 'leverage the power' of Open Banking". Open Banking Expo. 2025-02-04. Retrieved 2026-10-12.
  16. ↑ jhaxell (2025-02-03). "Enable Banking and Qred partner to enhance open banking solutions for entrepreneurs". FinTech Global. Retrieved 2026-10-12.
  17. ↑ TurulaText, Tom (2026-06-18). "Nordic Capitals nyförvärv slås ihop med låneutmanaren". Dagens industri (in Swedish). Retrieved 2026-10-12.
  18. ↑ "Qred and Liberis Will Join Forces to Create a Market-Leading Global Platform for SMB Financing".
  19. ↑ "Nordic Capital to combine Liberis and Qred in SMB financing push". IBS Intelligence. Retrieved 2026-10-12.
  20. ↑ Times, The Fintech (2026-06-23). "Nordic Capital Unites Qred and Liberis to Create Global SMB Financing Powerhouse". The Fintech Times. Retrieved 2026-10-12.