Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from Qliro AB ( (SE:QLIRO) ).
Qliro AB has reported a strong preliminary outcome for its recently completed rights issue of up to 3,541,244 shares, with total subscriptions reaching about 189 percent of the offering, indicating the issue is significantly oversubscribed. The transaction is set to raise roughly SEK 60 million before costs, with oversubscription driven by both existing shareholders exercising subscription rights and high demand for shares without rights.
The board also has approval to execute an overallotment issue of up to 2,372,872 additional shares, potentially adding around SEK 40 million if the final outcome confirms the oversubscription, further strengthening Qliro’s capital base. Management says the fresh capital will be used to fund a fast‑growing loan book amid 39 percent volume growth in 2025 and new payment agreements worth over SEK 2 billion in annual total payment volume, underlining Qliro’s ambitions to cement a leading position in the Nordic payments market.
More about Qliro AB
Qliro AB is a Nordic fintech company focused on digital payment and financing solutions for e‑commerce merchants and consumers. The company operates primarily in Sweden, Norway and Finland, offering payment services that support merchants’ transaction volumes and enable the growth of its lending portfolio in the region.
Average Trading Volume: 27,940
Technical Sentiment Signal: Sell
Current Market Cap: SEK567.8M
Find detailed analytics on QLIRO stock on TipRanks’ Stock Analysis page.