Bricknode secures loan for SEK 5 million to support establishment of licenced brokerage subsidiary
2022-08-22 19:15:00
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 (https://www.bricknode.com/investors/press-releases/view?releaseIdentifier=398AD18244745DD4).
- Loan amount: SEK 5 million
- Loan term: 1 year
- Interest rate: 1.5% per month