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An update from VEF AB ( (SE:VEFAB) ) is now available.
VEF AB’s largest portfolio company, Creditas, is planning to raise a minimum of USD 100 million through a new equity fundraising round, potentially valuing the company at approximately USD 3.3 billion. This fundraising effort is expected to support Creditas’ growth initiatives and could positively impact VEF’s net asset value if completed near the anticipated terms, although the final implications remain uncertain until the round is finalized.
More about VEF AB
VEF AB is an investment company based in Sweden, focusing on growth stage private fintech companies. The company takes minority stakes and actively participates in the management of its portfolio companies, with a focus on emerging markets and various financial services sectors such as payments, credit, mobile money, and wealth advisory. VEF is listed on Nasdaq Stockholm’s Main Market under the ticker VEFAB.
Average Trading Volume: 975,158
Technical Sentiment Signal: Hold
Current Market Cap: SEK2.18B
For a thorough assessment of VEFAB stock, go to TipRanks’ Stock Analysis page.