About Qred

Every business needs help every once in a while

As entrepreneurs, we know how difficult it can be to get the necessary financing for business. This is why we at Qred are providing small businesses with financing as simply and flexibly as possible.

The winter season is challenging for us as it is not the season for motorcycles. Business loan helped us to expand our services to car programming.

Jani Parkkonen, Gatemania

Business loan helped us to get ready for the Christmas season. We launched a new product and that required big investments in raw materials and supplies.

Marko Mäkilä, Vaskion Mauste

We needed to purchase inventory worth of five months of sales all at once. Business loan made it possible.

Anu Rainela-Lankinen, Alnilam

jobs created


Qred was founded in Stockholm with a mission to improve the financing experiences of small businesses and prioritise their needs.


Qred will start its operations in Finland and open offices in both Helsinki and Latvia.


Qred is spreading its wings to Denmark.


Qred is expanding to the Netherlands.


Qred will start offering factoring in Sweden and start setting up the business in Brazil as well.


Qred is expanding to Belgium and the Financial Times lists the company as the eighth fastest growing company in Europe.


Qred is launching Qred VISA, the new credit card for small businesses in Sweden.


Qred starts operations in Norway.


Qred becomes a bank.

When we became Qred

In 2015, we wanted to turn the tide of traditional finance and set out to transform the way small businesses are financed. Small businesses were not getting the service they needed from large, traditional banks and the funding to run and grow a business was being squeezed out by cumbersome processes.

We now speak with a deep voice of experience. We have been in the same situation that hundreds of entrepreneurs are in every day. So here is our story.

A young entrepreneur named Emil wanted to build something of his own and start a business. Starting a business was a step into the unknown - there were opportunities and challenges ahead that you couldn't prepare for beforehand.

The first thing Emil wanted to do was open a bank account and deposit €10,000. Emil walked into the bank full of hope and told the banker about his promising business plan. Despite a workable plan, the banker was not convinced that Emil's business was profitable and politely declined the new business. In this story too, the persistent entrepreneur did not give up and kept trying until she found a bank that accepted her new business as a client.

The unfortunate truth is that this is quite common. Small businesses often find themselves in a situation where they are not taken seriously, do not receive personalised service and are not provided with the same financial services as larger businesses.

That's why we decided to set up Qred in 2015 - to give small business owners access to the financial services that meet their needs. Financial services belong to small businesses - after all, entrepreneurs create thousands of new jobs every day and build the future for society as a whole.

We currently operate in six countries and are one of the fastest growing fintech companies in the Nordics. In addition to being a leading small business financier, we are also Europe's newest bank. Our next step is to become Europe's leading bank for small businesses. We want all businesses to be treated equally, regardless of their size.

With our machine learning and AI-based system, we can analyse a customer's liquidity in seconds and transfer money to their business account in minutes. We've helped more than 100,000 entrepreneurs with flexible financing solutions and helped create more than 40,000 new jobs over the years. We are here to make life easier for small business owners and change the landscape of traditional banking.  

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You can count on us

Bisnode logo

Bisnode provides us with financial information to support the credit evaluation process.

Visma logo

Visma Sign enables the fast e-signatures.

Geotrust logo

Geotrust SSL-certificate assures that your data is securely processed.

Member company logo

We are members of Suomen Yrittäjät

Qred's team

Career opportunities

We are constantly looking to grow our team.
Check out the job openings:

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Contact us

We love small businesses. Get in touch and let us know how we can help your company!
You can reach our customer service on weekdays from 08:00 to 18:00.