Qred

Equity fundraising
for Qred

July 2017

Qred: Next generation SME lending

"Stella EOC guided us through this rather complex process and showed great professionalism, dedication and creativity. Once finding the right investors for us, the Stella EOC team structured a quick and efficient negotiation process resulting in great terms for both us and the new investors."

Emil Sunvisson, CEO of Qred

Founded

2015

YoY revenue growth

400%+

Employees

12

Processes

Fully digitalised

Headquarters

Stockholm, Sweden

A fast-growing Nordic SME lender

Qred is a fast growing fintech company located in Stockholm, which in a short period has established a position as the market leader in Sweden and Finland within short term online business loans to small companies.

The loans are fully flexible and transparent and the service is from a customer perspective fully automated. A loan is normally granted and paid out within 24 hours.

The company has also developed a proprietary credit scoring process that effectively limits credit losses.

Since its inception in 2015, Qred has grown by several hundred percent with increasing profitability.

Equity financing to support Qred’s future growth

In July 2017, Qred secured external equity financing from a consortium of private investors to meet the high demand from customers.

External financing will be used to expand the loan book in existing and new markets.


Stella EOC acted as sole advisor to Qred.