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An announcement from VEF AB ( (SE:VEFAB) ) is now available.
Creditas, VEF’s largest portfolio holding, reported its financial results for the second quarter of 2025, showcasing a record quarterly revenue of R$582.5 million, an 18% increase year-over-year. Despite a temporary dip in gross profit margins due to increased SELIC rates and the transition to eConsignado, Creditas is in a new growth phase, focusing on user experience and automation with AI, aiming for an annual growth target of over 25% while maintaining profitability.
More about VEF AB
VEF AB is an investment company listed in Sweden that focuses on investing in growth stage private fintech companies. They take minority stakes and actively participate with board representation in their portfolio companies. VEF invests across various areas of financial services, including payments, credit, mobile money, and wealth advisory, primarily in emerging markets. The company is traded on Nasdaq Stockholm’s Main Market under the ticker VEFAB.
Average Trading Volume: 908,402
Technical Sentiment Signal: Buy
Current Market Cap: SEK2.21B
Learn more about VEFAB stock on TipRanks’ Stock Analysis page.