Bricknode secures loan for SEK 5 million to support establishment of licenced brokerage subsidiary
Bricknode, a leading SaaS financial services platform, today announced it has secured a loan for SEK 5 million. The loan will support the company’s initiative in establishing a licenced brokerage subsidiary including the required regulatory and operational capital. Plans to set up the licenced brokerage subsidiary were announced in May 2022 .Summary of the terms of the loan: · Loan amount: SEK 5 million · Loan term: 1 year · Interest rate: 1.5% per month