Latest Qred Bank News & Updates

See the latest news and media coverage for Qred. We track all announcements, press releases, and industry mentions in real time, all in one place.

Qred Bank (Qred)

Bank for small-business financing

qred.se

Headquarters: Stockholm, Sweden
Founded year: 2015
Company type: Private company
Number of employees: 250–500

Last updated Today

Latest news about Qred Bank (Qred)

In short: Qred merged with Liberis under Nordic Capital's backing and reported record annual revenues of 1 billion SEK with a 330 percent profit increase.

Company announcements

June 18 Qred

Qred and Liberis merge with Nordic Capital backing

The deal creates a platform with 600 employees, EUR 250M revenue, and presence in 17 countries.

June 1 Qred

Qred appoints Gareth Law as Chief Technology Officer

He brings experience from Klarna and will lead technology strategy and AI initiatives.

April 2 Qred

Qred celebrates its 11th anniversary

It achieved 6th year on FT1000, 1 Billion SEK revenue, Netherlands expansion, and enables 20 daily customer jobs.

March 11 Qred

Qred appoints Knut Frängsmyr as CCO and Deputy CEO

Frängsmyr brings extensive FinTech experience. Qred recently achieved FT1000 for the sixth time and surpassed SEK 1 billion revenue with over SEK 100 million profit in 2025.

Media coverage

June 18 Yahoo Finance

Qred and Liberis Will Join Forces to Create a Market-Leading Global Platform for SMB Financing

Nordic Capital today announces an agreement to acquire Liberis, a leading global embedded finance platform, and further invest in Qred, one of Europe's foremost digital...

March 10 Breakit

Made an exit again – now Knut Frängsmyr becomes new boss at Qred - Breakit

He goes from Epidemic Sounds to the loan challenger Qred.

March 10 Dagens industri

Qred increases profit by 330 percent: "Super satisfied"

The small business bank Qred increased its profit by 330 percent last year to 147 million kronor. "I am super satisfied", says founder Emil Sunvisson, who believes that...

29 January 2025 Finextra

Qred streamlines credit decisions with open banking tech from Enable Banking

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Enabling Entrepreneurs Through Seamless...

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