QuickBit eu AB (publ)

QuickBit eu AB (publ)

QBITF
QuickBit eu AB (publ)US flagOther OTC
0.51
USD
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- -
45.24MMarket Cap
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Daniel Sonesson
Full Time Employees
59
Sector
Technology
Industry
Software - Infrastructure
Address
Norrlandsgatan 10 Stockholm Sweden 111 44
Business
QuickBit eu AB (publ) (Ticker: QBITF), now operating as Valuno Group AB (publ) following a name change in January 2025, provides cryptocurrency and blockchain-based fintech solutions that enable personal and business financial transactions, including buying, selling, swapping, sending, receiving, and holding major cryptocurrencies such as bitcoin. The company offers core products across business-to-business (B2B) and business-to-consumer (B2C) segments; B2B services include Quickbit Pay for e-merchant cryptocurrency payments via API, webhooks, documentation, and backoffice transaction monitoring, Quickbit On-ramp for fiat-to-crypto conversions, Quickbit Corporate Wallet for legal entities, Quickbit Merchant/Business, and Quickbit Checkout; B2C offerings comprise Quickbit App for natural persons, Quickbit Card available in Sweden, Norway, Finland, and the Netherlands, Earn Wallet, Web App, Chrome Extension, and transfer services compliant with MiCA EU regulation. Founded in 2016 and headquartered at Lästmakargatan 20 in Stockholm, Sweden, with approximately 33 employees including consultants, QuickBit serves primary markets in Europe for B2C operations and globally for B2B, targeting e-merchants, igaming intermediaries, esports, gaming sectors, and individual users. Recent developments include a rights issue raising approximately SEK 21 million before costs, partnerships with Paysecure for merchant network access and transaction volume growth, Abicart providing entry to 2,500 e-merchants, RightBridge Ventures initiating an esports and gaming venture with expansions into Poland and Lithuania, becoming Inet's cryptocurrency payment provider, a settlement agreement resolving the 2022 acquisition of two B2B product platforms from Parman Enterprises UK Limited originally valued at 4.5 million EUR plus 2 million EUR additional, and operational streamlining to optimize for expansion, innovation, and a global ecosystem integrating multiple products.