When was Qred founded?

Qred was founded in 2015 and raised its 1st funding round 7 years after it was founded.

Where is Qred located?

Qred is headquartered in Stockholm, Sweden. It is registered at Tulegatan 15, SE-113 53 STOCKHOLM.

Who is the current CEO of Qred?

Emil Sunvisson of Qred. They have also founded 1 company.

How many employees does Qred have?

As of May 31, 2026, the latest employee count at Qred is 288.

Is Qred a funded company?

Qred is a funded company, having raised a total of $11M across 2 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Apr 04, 2022.

When was the latest funding round of Qred?

Qred's latest funding was a $***** Conventional Debt round on May 03, 2024, with participation from 0 investor.

Where does Qred rank among its competitors?

Qred ranks 17th amongst 63 active competitors, of which 17 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Flutterwave, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of Qred?

Qred's top competitors include Stripe, PayU and Flutterwave. Among them, Flutterwave secured the most recent funding round in June, 2026.

Qred - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of a digital marketplace platform for business loans. It provides users with a platform that connects businesses with financial institutions for multiple loan products including factoring, equipment financing, and credit lines with customized terms, amounts, and repayment options. It also features a NFC-enabled credit card for availing the credit lines.

Website: www.qred.se/
Social
Email ID: *****@qred.se
Phone Number: +46 **********
Part Of
Registered Address: Tulegatan 15, SE-113 53 STOCKHOLM

Key Metrics

Founded Year

2015

Location

Stockholm, Sweden

Stage

Series B

Total Funding

$11M in 2 rounds

Latest Funding Round

Conventional Debt, May 03, 2024, $*****

Investors

Nordic Capital

Ranked

17^th among 63 active competitors

Employee Count

288 as on May 31, 2026

Similar Companies

Stripe & 4115 more

View Qred's full profile

Qred is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
QRED AB CIN: 928522849 , Norway, Active	Feb 22, 2015	-	-
Qred AB CIN: 559008-9800 , Sweden, Active	Mar 26, 2015	-	-	-

Qred has raised a total funding of $11M over 2 rounds. Its first funding round was on Apr 04, 2022. Qred has 1 institutional investor.

Here is the list of recent funding rounds of Qred:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 03, 2024	4404911	Conventional Debt	5963049	5698689	5739213	7044748
Apr 04, 2022	1341331	Series B	9195020	5308166	5611339	Nordic Capital

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View details of Qred's funding rounds and investors

The founders of Qred are Jason Francis, Thomas Jansson and Emil Sunvisson. Emil Sunvisson is the CEO of Qred.

Here are the details of Qred's key team members:

Jason Francis: Co-Founder & Chief Customer Officer of Qred.
Thomas Jansson: Co-Founder & Chief Growth Officer of Qred.
Emil Sunvisson: Co-Founder & CEO of Qred.

View details of Qred's Founder profiles and Board Members

Qred's employee count trend

Qred has 288 employees as of May 26. Here is Qred's employee count trend over the years:

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Top competitors of Qred include Stripe, PayU and Flutterwave. Here is the list of Top 10 competitors of Qred, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 127 others	86/100
2nd	PayU 2002, Amsterdam (Netherlands), Series C	Provider of online payment solutions and financial services for businesses	$35.1M	Naspers, PROSPER & 5 others	84/100
3rd	Flutterwave 2016, San Francisco (United States), Series E	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Tiger Global Management & 72 others	83/100
4th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Index Ventures, Iconiq Capital & 15 others	81/100
5th	Viva 2010, Marousi (Greece), Series B	Diversified payment processing solution for businesses	$98.3M	Tencent, Breyerlabs & 3 others	72/100
6th	Gilion 2021, Stockholm (Sweden), Seed	Provider of AI-powered growth financing and intelligence for startups	$43.4M	LocalGlobe, Creandum & 18 others	65/100
7th	First Data 1971, Atlanta (United States), Acquired	Payments processing service provider	-	HarbourVest Partners, W Capital Partners & 4 others	63/100
8th	Worldline 1972, Paris (France), Public	Provider of payment processing solutions for merchants and financial institutions	-	Credit Agricole, Europa	61/100
9th	Equiniti 2002, Lancing (United Kingdom), Acquired	Provider of financial technology and payment processing solutions	-	Strategic Equity Capital, Riverside	60/100
10th	UnionPay Intl 2012, Shanghai (China), Funding Raised	Operator of payment network facilitating card and mobile-based transactions	-	SAIF Partners, China Merchants Capital & 11 others	57/100
17th	Qred 2015, Stockholm (Sweden), Series B	Provider of a digital marketplace platform for business loans	$11M	Nordic Capital	41/100