Qred
Company

Last deal

$9.M
Local Amount - EUR 10.M

Amount

Private Equity

Stage

04.04.2022

Date

7

all rounds

$68.7M

Total amount

General

About Company
Qred is an international FinTech company that provides efficient financial services for small businesses.

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founded date

27.03.2015

Number of employees

Company Type

For Profit

Last funding type

Private Equity

IPO status

Private

Description

Qred, founded in Stockholm in 2015, is a B2B financing company that offers an alternative lending platform to help small businesses access short-term capital and streamline their bill payments. They also provide a B2B payments platform that allows business users to pay invoices using their Qred Visa card within the Qred app, with 45-day interest-free liquidity. Qred has assisted over 25,000 companies in multiple countries and has loaned out more than 3 billion SEK, contributing to the creation of over 5,000 new jobs. Their automated credit system enables them to quickly provide entrepreneurs with the resources they need to grow their businesses.
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