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
Contacts
Bricknode
Stefan Willebrand, Founder & CEO
+46 8 122 086 87
Certified Adviser
Amudova AB
+46 8 546 017 58
About Bricknode
Bricknode is a B2B-focused SaaS company that provides scalable, cloud-based software enabling financial companies to launch digital banking products at speed. The platform makes it easy for customers to build or transform almost any financial product with complete software for investment management, funds, lending, deposits and savings. The company also offers outsourcing solutions for back-office administration. Bricknode was founded in 2010 and supports financial companies globally. Find out more at bricknode.com or follow Bricknode on LinkedIn & Twitter.
This is information that Bricknode Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 19:15 CEST on 22 August 2022.