Qred wins Nordic Scaleup Award 2024

Stockholm, June 1, 2024 - This week, Qred, the newest small business bank, received the prestigious Nordic Scaleup Award 2024. Bringing together some of the most successful scaleup companies in the Nordics, the award ceremony had a total of 82 nominated companies, six of which reached the final.

The finalists included three Finnish, two Swedish and one Norwegian company, highlighting the diversity and development of scaleup companies in the Nordic region.

"We are incredibly proud to win the Nordic Scaleup of the Year award. Qred's strength lies in the belief that we are doing something good - the satisfaction of helping the smallest companies. We are a company with many young employees: the average age is 30 and half of them are not from Sweden. This creates a unique atmosphere, we are like a big family working together. This award inspires us and it feels like we, as a newly established bank specializing in small businesses, have only scratched the surface of this market," says Emil Sunvisson, CEO of Qred.

Qred won the award based on the jury's reasoning: "Qred challenges a conventional market by targeting an underserved segment. During their growth journey, they have made an unconventional social impact by helping other entrepreneurs grow their businesses. They have also been on the Financial Times list of Europe's fastest growing companies for four years in a row."

"Scaleups play a crucial role in the Nordic economy and contribute significantly to value creation in the region. It is interesting to note that the six finalists represent industries where each country has its strengths. Qred, the winner of this year's award, scored high on all five criteria and is a well-deserved recipient," says Svein Berg, CEO of Nordic Innovation.

Photo: Pax Engström

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