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Swedish AI-powered lender Qred to become Europe’s newest bank

Emil Sunvisson, CEO Qred.
Emil Sunvisson, CEO Qred. Photo: Christian Billing

Martina Lindberg

2 min read
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The fastest growing fintech company in Sweden is striving to become number one in Europe in online financing for small businesses.

The Swedish credit scoring and lender platform Qred will start conducting banking operations after being granted a full license by the Swedish Financial Supervisory Authority.

The company, which operates in Sweden, Finland, Denmark, the Netherlands, Brazil, Belgium, and Norway, has served over 25,000 companies, and issued over 100,000 loans with

“The bank

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