Qred, the Swedish fintech company, has announced that it has officially activated its banking license, making it a fully-fledged bank. This achievement comes just months after the company acquired the license in May.
With its new status as a bank, Qred is now able to offer savings accounts to private consumers with competitive interest rates. This will enable the company to provide customers with even more attractive terms. Furthermore, Qred can expand its range of services, offering comprehensive financial solutions to its customers.
The granting of the banking license is a testament to Qred’s dedication to providing accessible and tailored financial products to small businesses. The company has been focused on empowering its customer segment with the necessary financial tools to succeed.
Emil Sunvisson, CEO at Qred, expressed his excitement about becoming Europe’s newest bank for small businesses. He emphasized the company’s commitment to enhancing its product offerings and providing customers with a higher level of financial support. Sunvisson believes that Qred’s newfound status as a bank will redefine what a bank should be like for small businesses in Europe.
In addition to Qred’s transformation into a bank, the company is pleased to announce the re-appointment of Mattias Carlsson as Chair of the Board. Carlsson, the former long-standing CEO of TF Bank, brings more than fifteen years of experience in the fintech and banking sectors. He previously served as the Chair at Qred from 2018 to 2021 and has held leadership roles at Hoist Finance and BB Bank ASA.
Sunvisson expressed excitement about Carlsson’s return to the board, highlighting his extensive experience and industry knowledge. He believes that Carlsson’s guidance will be invaluable in ensuring Qred remains at the forefront of innovation in the financial sector. Sunvisson also thanked Per Widerström, who has resigned from the board due to a new CEO role.
Commenting on his re-election, Carlsson expressed his honor and excitement to continue contributing to Qred’s mission of empowering businesses with innovative financial solutions. He believes that together, they can drive growth and ultimately become the leading small business bank in Europe.
Mattias Carlsson’s appointment as Chair of the Board is effective from October 2nd, 2023, succeeding Per Widerström.
Qred operates in several countries, including Sweden, Finland, Denmark, the Netherlands, Brazil, Belgium, and Norway, and has provided financial assistance to numerous companies.
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