News Tag: English

Notice to attend the Annual General Meeting in Quickbit eu AB (publ)

Shareholders of Quickbit eu AB (publ) are hereby invited to the Annual General Meeting on 22 November 2022. The Board of Directors has decided that the Annual General Meeting shall be held without physical presence of shareholders, proxies and/or external parties and that the shareholders shall have the opportunity to vote by post prior to […]

Quickbit’s nomination committee proposes re-election of the Chairman of the Board and election of four new board members

The Nominating Committee proposes that Mikael Karlsson is re-elected as board member, that Henrik Vilselius, Daniel Sonesson, Scott Wilson and Elena Kontou are elected as new board members and that Mikael Karlsson is re-elected as Chairman of the Board of Directors, all for the period until the end of the next Annual General Meeting. Jan […]

Quickbit completes the development of the first two products for the Quickbit Merchant product suite; Quickbit Pay and Quickbit Checkout

Today Quickbit announces that the first two products for Quickbit’s B2B offering Quickbit Merchant are fully developed. The two products, Quickbit Pay* and Quickbit Checkout, are now entering a phase of both testing and soft launch to ensure functionality ahead of a broad launch before the end of the year. Quickbit Pay is developed in-house […]

Quickbit’s CEO resigns at his own request, Anders Jonson appointed acting CEO

Quickbit’s CEO Hammad Abuiseifan has informed the board that he is resigning at his own request for personal reasons. The board has appointed Anders Jonson, Chief Operating Officer since August 2022, as acting CEO from today until a permanent CEO takes office. Hammad Abuiseifan is leaving his position as CEO of Quickbit for personal reasons. […]

Quickbit launches its consumer offering in Finland – continuing its geographical expansion

Today Quickbit launches its consumer offering consisting of Quickbit App, Quickbit Card and Earn Wallet in Finland. This means that Quickbit’s consumer offering, which has already been launched in Sweden and Norway, is now also available to Finnish consumers. During the spring, Quickbit’s registration of its license in Finland was approved. With today’s launch, Finland […]

Quickbit acquires two B2B product platforms – enabling increased profitability and growth

Through the acquisition, Quickbit gets access to two platforms with complementary products in Quickbit’s B2B offer. The purchase includes full IP rights and gives access to a new customer database containing merchants. The purchase price amounts to 4.5 mEUR and is financed in its entirety with own cash and is expected to contribute to Quickbit’s […]

Quickbit publishes year-end report 2021/2022

Quickbit reports a temporary decline in sales, at €69.3 million, while the product mix and cost-efficiency improvements resulted in a higher gross margin of 4.3% in the fourth quarter. Quickbit’s strong financial position enables continued investments in future growth, despite the increase in economic and geopolitical uncertainty in the business environment. Summary of the fourth […]

Invitation to presentation of Quickbit’s year-end report ‘21/22

For the fourth quarter ‘21/22, Quickbit has accelerated its reporting process and will therefore publish its year-end report for the period 1 July 2021 – 30 June 2022 in advance on Thursday 21 July 2022 at 08.00 am CET. On the same day at 11:00 am CET Quickbit will organize a conference call with web […]

Quickbit launches Earn Wallet – possibility to earn a yield by lending of cryptocurrency

Today Quickbit launches Earn Wallet, a feature that allows users of the Quickbit App to lend cryptocurrency and earn a yield. Earn Wallet is initially launched for lending Bitcoin and will be available to users of the Quickbit App in Sweden and Norway. By launching Earn Wallet, Quickbit now gives its Swedish and Norwegian users […]

Quickbit recovers deposited collateral of 3.9 mEUR

Today Quickbit has in its entirety recovered its outstanding receivable consisting of deposited collateral (so-called rolling reserve) in the form of cash and cash equivalents of 3.9 mEUR. Previously, Quickbit announced that the expectation was that the deposited collateral, which was a collateral Quickbit needed to make to a previous acquiring partner, would be repaid […]