Webrock Ventures InsureTech portfolio company Olik signs partnership with Brazil’s leading ticket provider, Guichê Web
Webrock Ventures today announces that its portfolio company Olik has entered into a partnership with Guichê Web, Brazil’s leading ticket provider. Within the first month of collaboration, Olik has successfully sold over 12,000 insurance policies. “Olik exemplifies the type of innovation and scalability we seek in our portfolio companies that underpins our business model. We […]
Webrock Ventures fintech company Lara partners with Brazil’s largest dental association, BR Clin, with over 3,000 independent clinics in its network
Webrock Ventures today announces that its portfolio company Lara has initiated a collaboration with BR Clin to leverage Lara’s credit point-of-sale platform. The partnership is expected to generate approximately SEK 175 million in new annual loan volume, corresponding to around SEK 75 million in annual revenues from interest and service fees. Webrock Ventures owns 44.5 […]
Webrock Ventures fintech company Lara partners with Brazil’s largest dental franchise chain, Odontocompany with over 2,000 clinics
Webrock Ventures today announces that its portfolio company Lara has initiated a collaboration with Odontocompany to leverage Lara’s credit point-of-sale platform. The partnership is expected to generate approximately SEK 190 million in new annual loan volume, corresponding to around SEK 80 million in annual revenues from interest and service fees. Webrock Ventures owns 44.5 percent […]
Webrock Ventures publishes Interim Report – First Nine Months of 2024
Financial result The period January – September 2024 (January – September 2023) Operating profit amounted to SEK -165,7 million (-98,6), whereof change in value of financial assets amounted to SEK -150,9 million (-88,2). Investments during the period amounted to SEK 28,4 million (94,0). Net profit amounted to SEK -165,8 million (-98,6). Profit per share amounted […]
Webrock Ventures’ portfolio company FinanZero achieves profitability, poised for accelerated growth in 2025
Webrock Ventures AB (“Webrock” or the “Company”) is pleased to announce that its portfolio company, FinanZero, Brazil’s leading credit marketplace, has achieved profitability for the first time in September 2024, marking a significant milestone in the company’s operational journey. The achievement comes two months ahead of its original target of November 2024, underscoring FinanZero’s strong […]
Webrock’s portfolio company FinanZero reaches 15 million customers and 50 million loan applications
Webrock Ventures today announces that its portfolio company, FinanZero, has achieved two key milestones: reaching 15 million registered customers and processing over 50 million loan applications. By partnering with over 70 financial institutions, FinanZero is revolutionizing Brazil’s loan comparison market with tailored solutions for millions of Brazilians. “We’re thrilled to share exciting news from our […]
Webrock Ventures publishes Interim Report – First Half of 2024
Financial resultThe period January – June 2024 (January – June 2023) Operating profit amounted to SEK -157,3 million (-13,4), whereof change in value of financial assets amounted to SEK -147,3 million (-6,1) Investments during the period amounted to SEK 26,1 million (9,1) Net profit amounted to SEK -157,3 million (-13,4) Profit per share amounted to […]
Webrock Ventures’ portfolio company Qred Brasil secures SEK 54 million dedicated to bolster new SME loan origination efforts
Webrock Ventures’ portfolio company Qred Brasil (qred.com.br), part of Webrock’s business area Brazil Finance Group, reached a significant milestone by securing SEK 54 million from a Brazilian institutional investor in May 2024. This capital injection is solely dedicated to bolster new loan origination efforts to small and medium-sized businesses in Brazil. ”Qred Brasil’s successful funding […]
Webrock Ventures AB Announces Strategic Transaction regarding Equity in Vivabem Brasil AB
Webrock Ventures AB (“Webrock”) has today signed an offer letter to take part in a share exchange whereby Webrock may redeem all or part of its shares in its portfolio company Cardo Health AB (“Cardo”) in exchange for shares in the AI-powered digital health company Vivabem Brasil AB (“Vibe”) (a partner company to Cardo) (the […]
Bulletin from the Annual General Meeting of Webrock Ventures AB
Webrock Ventures AB, reg.no 559130-4406, today held its Annual General Meeting. The Annual General Meeting of Webrock Ventures passed the following resolutions among others. The notice to the Annual General Meeting and complete proposals for resolutions are available at the company’s website, www.webrockventures.com. Approval of the income statement and the balance sheet and discharge from […]