Krea
Finance · Sweden · 11-50 Employees
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Overview
Headquarters
Valhallavägen 60, Norrmalm, Stockholm Co...Phone Number
+46 855108262Website
www.krea.seRevenue
<$5 MillionIndustry
ZI Rank: 1
Signal Type
Mar
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ZI Rank
2
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About Krea
Krea is a fintech company and business-focused financing solutions provider, headquartered in Stockholm.Explore more
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Krea is experiencing very low activity levels compared to other companies in the Finance sector.
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Krea financials insights
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2023
Other Financing Round
$663K
Krea Tech Stack
A closer look at the technologies used by Krea
Krea News & Media
Harder to get access to external credit for companies according to Krea's latest financing report
Krea's new financing report shows that companies increasingly have problems securing external credit. In the past two years, the approval rate for creditworthy companies has dropped from 89% in Q4 2021 to 70% in Q3 2023. Although the approval rate stopped falling in Q3 2023, the future is still uncertain for Swedish entrepreneurs. The financing report for companies is made with the aim of providing a picture of the credit market for small and medium-sizedKrea strengthens with new capital from investors such as the business angel network ExM, Tomas Billing and FBTC Invest AB
Krea, Sweden's financing service for businesses, recently closed a financing round of 7 MSEK adding a selection of new investors to the ownership list. One of the new investors is ExM Investment Partners, a network of business angels with a background in the consulting company McKinsey & Company. With the newly raised capital, Krea continues its growth journey on the SME loan markets in Sweden and Finland. Krea continues to grow, increasing its revenue withKredita assigns Country Manager to Finland: “I want to help entrepreneurs”
Krea launched in Finland during the fall of 2022 with the name Kredita. Now, the company is pleased to announce the assignment of entrepreneur Anu Petäjä as its Country Manager in Finland: “I want to help entrepreneurs to make their ideas come true” In October 2022, the Kredita platform was launched in Finland. To unlock Kredita’s potential in the Finnish market, Anu Petäjä has been signed as Country Manager of Finland with effect from theKrea appoints Peter Andén to its Board of Directors
Krea is pleased to announce the appointment of Peter Andén, independent investor and former Partner at McKinsey & Company as a Chairman of the Board of Directors of Krea. 2022 was an eventful year for Krea as the company increased its revenue by over 100% from 2021. In less than twelve months, Krea has doubled its team size and has recently begun its international expansion with the launch in Finland. Krea is maturing as a
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Krea is a fintech company and business-focused financing solutions provider, headquartered in Stockholm.... Read More
