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VEF keeps SEK 300m sustainability bond fully allocated to impact fintechs

Story Highlights
  • VEF’s SEK 300 million sustainability bonds remain fully allocated to four impact-focused fintechs in emerging markets.
  • VEF reports strong sustainability impact, with most portfolio value in SDG-linked firms serving millions of consumers and MSMEs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
VEF keeps SEK 300m sustainability bond fully allocated to impact fintechs

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VEF AB ( (SE:VEFAB) ) just unveiled an update.

VEF AB has released its third Sustainability Bond Impact and Allocation Report, confirming that its SEK 300 million sustainability bonds remain fully allocated to four fintech portfolio companies in Mexico, Brazil, India and Pakistan that promote financial inclusion and the green transition. The company also highlighted that 84% of its portfolio value is in businesses contributing to UN Sustainable Development Goals, with more than 22 million consumers and MSMEs served, over 160 million loans and USD 16 billion of credit disbursed to date, and all portfolio companies committed to its ESG and Responsible Finance Principles, underscoring VEF’s positioning as an impact-focused fintech investor in emerging markets.

The most recent analyst rating on (SE:VEFAB) stock is a Hold with a SEK2.00 price target. To see the full list of analyst forecasts on VEF AB stock, see the SE:VEFAB Stock Forecast page.

More about VEF AB

VEF AB is a Sweden-listed investment company that focuses on growth-stage private fintech firms across payments, credit, mobile money and wealth advisory services in large emerging markets. It typically takes minority stakes, holds board representation and backs local entrepreneurs to expand access to modern financial services, trading on Nasdaq Stockholm’s Main Market under the ticker VEFAB.

Average Trading Volume: 1,288,862

Technical Sentiment Signal: Sell

Current Market Cap: SEK2.15B

Find detailed analytics on VEFAB stock on TipRanks’ Stock Analysis page.

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