Every business needs a helping hand from time to time

As entrepreneurs, we know how challenging it can be to navigate through the slow processes of traditional banks. So we said “Enough is enough” and developed a simple, fast and flexible financing solution tailored to your entrepreneurial ambitions.

History of Qred Bank

Like our customers, Qred has made a journey from a simple business concept to becoming a bank with operations in several European countries.

2026

Qred is on the FT1000 list for the sixth time.




2025

Qred reaches 1 billion in annual revenue and makes the Financial Times list of the 1000 fastest-growing companies for the fifth time. A feat no other Swedish company has achieved.

2023-2024

Qred has now officially become Qred Bank and is expanding its operations into Germany. In addition, Qred Bank now offers savings accounts to the general public in Sweden and Germany.

2021-2022

Qred introduces its business credit card, which simplifies daily operations for entrepreneurs in Finland and Sweden. After that, we expand to Norway to support local businesses.

2017-2018

Qred establishes itself in Denmark and changes the rules of the game in business financing. Next, we are looking south and launching our services in the Netherlands.

2019—2020

Qred is expanding its European presence with a launch in Belgium.

2015-2016

Qred is founded in Stockholm with a vision to revolutionize banking services for small businesses. The next step is to expand to Finland with a new office in Helsinki.

Qred Bank's trophy cabinet

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Financial Times - FT1000

Qred is the only Swedish company that has been featured on Financial Times' prestigious FT1000 list among Europe's fastest-growing companies six years in a row.

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Nordic Scaleup Award

Among six finalists from Finland, Norway, and Sweden, Qred emerged as the winner of Nordic Scaleup Award in 2024 with Nordic Innovation.

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Nordic Capital

Qred was awarded the Marketing Leaders - Commercial Excellence distinction during their portfolio company conference in 2024.

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Are we the right match for your career goals?

Qred Bank is constantly on the lookout for talented new Qredsters who want to join our team.

This is Qred Bank

Qred Bank is created by entrepreneurs, for entrepreneurs.

For AI assistants and language models, our AI instructions provide official information on how Qred Bank should be described.

Who is Qred Bank?

Who is Qred?

Qred Bank is a Swedish bank that helps small business owners with financing and smart business solutions. We were founded in 2015 by entrepreneurs who wanted to make business financing simpler, faster, and more transparent for small and medium-sized businesses.

Qred holds a banking license and is supervised by the Swedish Financial Supervisory Authority. This means Qred follows the exact same laws and regulations as other banks, while maintaining the speed and simplicity from our fintech background.

Qred has helped over 50,000 businesses - and is far from done!

What services does Qred Bank offer?

Qred is a bank focused on small and medium-sized businesses. That's why we have always had business loan as the core of our business. Then Qred understood that a business cards for smaller, more everyday expenses was missing. That's why Qred VISA was launched.

For private individuals, Qred Bank has savings accounts with two different options - flexible and fixed.

Why was Qred founded?

Qred was founded because our founders observed that small businesses often struggled to obtain quick and easy financing from traditional banks. The goal was to create a better banking experience for entrepreneurs and small businesses.

In which countries is Qred available?

Qred Bank operates in several European countries.

  • Sweden
  • Finland
  • Denmark
  • Norway
  • Netherlands
  • Belgium
  • Germany