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Vef AB (publ) VEFAB.ST · SEK

Financials · Nasdaq Stockholm · 🇸🇪 Sweden

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1.81

+2.26%

Close of 9 Nov 2026, in SEK

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About Vef AB (publ)

Its shares trade on Nasdaq Stockholm under the ticker VEFAB.ST. It has been listed since 5 July 2021. In the fiscal year to 31 December 2025, it reported net income of $85.4m. At that date it held total assets of $463.7m and shareholders' equity of $433.8m.

VEF AB is an investment company that invests in growth stage private fintech companies. The company is headquartered in Stockholm, Stockholm. The company went IPO on 2021-07-05. The firm invests in growth stage private fintech companies, take minority stakes and is an active investor with board representation in its portfolio companies. The firm focuses on scale emerging markets and invest across all areas of financial services inclusive of payments, credit, mobile money and wealth advisors. The portfolio consists of such companies as lending company Creditas, digital banking company Konfio, TrnasferGO which conducts digital money transfers, payment company Juspay, Revo offering financing solutions for customers, FinanZero supporting digital marketplace for consumer loans, or Nibo which operates as a software as a service (SaaS) provider.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Financials
Industry
Capital Markets
Listed since
5 Jul 2021
Website
vef.vc ↗

Leadership

Pay as last reported

  • Mr. Lars O GronstedtIndependent Chairman of the Board$1.3m
  • Mr. David Francis NangleChief Executive Officer, Board Member, since 2015$4.3m
  • Mr. Kim StahlInterim Chief Financial Officer
  • Mr. Alexis KoumoudosChief Investment Officer
  • Ms. Helena MattssonGeneral Counsel, Head of Sustainability
  • Mr. Per BriliothIndependent Board Member$600,000
  • Ms. Allison GoldbergIndependent Board Member$500,000
  • Ms. Hanna-Leena LoikkanenIndependent Board Member$600,000
  • Ms. Katharina LuthIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • VEF AB focuses on growth stage fintech companies in scale emerging markets.
  • The company holds minority stakes with board representation in portfolio firms.
  • Portfolio includes Creditas, Konfio, and Juspay for digital financial services.

Weaknesses

  • VEF AB's IPO was on 5 July 2021, a relatively recent listing.
  • The company operates in the Financials sector with limited diversification.
  • VEF AB's focus on fintech may limit exposure to other financial segments.

Opportunities

  • Expanding fintech markets in emerging economies offer growth potential.
  • Digital payment solutions like Juspay and TransferGo can scale rapidly.
  • Investing in SaaS providers such as Nibo supports long-term digital transformation.

Threats

  • Regulatory changes in financial services could impact fintech operations.
  • Competition from established financial institutions in emerging markets.
  • Economic downturns may reduce investment in growth stage fintech companies.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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