Investor relations
A word from the CEO
Every business needs a little extra help from time to time. It could be a loan for expansion, a credit card to manage day-to-day business expenses or invoicing services to free up capital before the end of the month. We want it to be easy, fast and secure to access the right type of business finance. That's why we started Qred in 2015. Now, several years later, we've expanded into multiple markets with an even sharper and broader product offering of services that give small business owners the chance to access the same financing as larger companies.
For four years in a row (2020 - 2023), we have been named one of Sweden's fastest growing companies by the Financial Times. To date, we have issued more than SEK 10 billion in loans to the smallest companies. This is money that comes in handy - many of our customers are often without traditional bank financing, even though they are run by careful and skilled entrepreneurs.
Qred offers loans, credit cards and invoicing services to small businesses in the Nordic countries, the Netherlands, Belgium and Brazil. Our business loans are aimed at the smallest businesses where funds are most needed and the amounts are relatively small (up to SEK 2 million), and the loans are normally repaid within 24 months. By limiting loan amounts and credit periods, we keep the risk down, while helping even more small businesses.
Qred VISA, our own credit card, is the first of its kind, designed specifically for small businesses. The card is free of charge and the credit limit is set specifically for each applicant business. The Qred VISA can also be used to pay business invoices.
Thanks to our access to data combined with our unique scoring model, we are well placed to understand and manage credit risk in our business. Our large and diversified customer base reduces the risk of large swings in the business. Our digital and automated systems are fully scalable, providing significant economies of scale. All this has led to very strong growth combined with good profitability. We look forward to helping even more small business owners both in Sweden and abroad for many years to come.
Welcome to Qred!
Board of directors
Chairman of the Board since 2021
Per is CEO of Fortuna Entertainment Group, board member at Nordnet and Catena Media and Chairman of the Board at Turbotic.
Board member since 2023
Partner and Chairperson of Wellstreet, also board member of Svensk Fastighetsförmedling and Chairperson of Aura Cloud.
M.Sc. in Electrical Engineering from Chalmers University of Technology in Gothenburg.
Deputy CEO and co-founder
Board member since 2015.
MBA (Stockholm School of Economics). MA Econ (Duke University).
Previously Nordic Strategy Manager at Trygg-Hansa and consultant at Oliver Wyman.
Board member since 2022
Director, Nordic Capital Advisors.
Previous experience includes founder of Virtus Kapital, Executive Director at UBS Investment Bank and part of the DACH team at Lehman Brothers.
Sebastian holds an M.Sc. from the London School of Economics and Political Science and a Bachelor of Arts from the University of St. Gallen.
Board member since 2021.
Managing Partner Northern Europe, former Market Leader for Nordics, Russia, Central & Eastern Europe, at Oliver Wyman.
Former Managing Director at KPMG Consulting.
Board member since 2021.
Principal at Nordic Capital Advisors. Previously Management Consultant at McKinsey in Stockholm.
David holds an MSc from Stockholm School of Economics and ESADE in Barcelona.
Executive management
Kristoffer Straume, Chief Financial Officer at Qred since January 2022, has about 15 years of experience in the banking sector with a focus on finance and risk management. He holds a Master of Science in Financial Mathematics from the Royal Institute of Technology (KTH).Kristoffer has previously held a number of different senior roles in Treasury at Skandiabanken (Head of Treasury) and Carnegie. Before that, he was a management consultant at Oliver Wyman with a focus on finance and risk for institutions in Europe.
Thomas Jansson is Chief Growth Officer and one of three co-founders of Qred. He is also a board member since 2015. Previously he has worked as Controller & Partner at DFC Nordic Oyj and COO and Business Development Manager at Tact Group. Before that, he took an M.Sc. Accounting (Åbo Akademi University).
Marcus Uggla is Chief Product Officer at Qred since 2021. With previous experience of large product organizations at Klarna, Marcus has built the product page to what it is today. With previous experience as Chief Marketing Officer at Brothers, Chief Operations Officer at Campadre and consultant at Oliver Wyman, Marcus really understands the customer experience and how to create a good customer journey for different products and services. Especially after his experience building an app for small businesses during his time at Klarna. Marcus is also a popular and appreciated speaker and guest writer.
Emil Sunvisson is CEO and co-founder at Qred. Emil has an M.Sc from the Royal Institute of Technology and an MBA from the Stockholm School of Economics. Emil is a serial entrepreneur and has previously been CEO of Cherry and co-founder of Yggdrasil Gaming. In addition to being an appreciated speaker at conferences and events, Emil has been a frequent guest on podcasts to talk about business financing and entrepreneurship. Since the start in 2015, Qred has been launched in 6 different countries and has been recognized by the Financial Times as one of Europe's fastest growing companies 4 years in a row.
Chief Legal Officer
Juris Doctor (Santa Clara University School of Law).
Former Associate at Bird & Bird and Attorney at Pillsbury Winthrop Shaw Pittman LLP.
Chief Credit Officer
M.Sc. Industrial Engineering and Management (Helsinki University of Technology).
Previously Pricing & Capital Planning at SBAB, Team Lead Risk at Skandiabanken and Consultant at Oliver Wyman.
Deputy CEO and co-founder
Board member since 2015.
MBA (Stockholm School of Economics). MA Econ (Duke University).
Previously Nordic Strategy Manager at Trygg-Hansa and consultant at Oliver Wyman.
Chief Technology Officer
M.Sc. in Computer Network and Security from the Royal Institute of Technology
Former Innovation & Security Manager and Global Head of IT Operations at Daniel Wellington