Verdane, the European specialist growth buyout investment firm, today announced that it has partnered with Nordic Capital-backed Qred and will invest in the business as part of the company’s combination with Liberis, a leading embedded finance platform serving small and medium-sized businesses (SMBs). Founded in Stockholm in 2015, Qred today operates under a full banking licence with a deposit-funded balance sheet and an expanding suite of financial products across Northern Europe.