Introduce + Kameo!

ABG Sundal Collier Introduce + Kameo

ABG Sundal Collier (“ABGSC”), the owner of Introduce.se, made a strategic investment in the crowdfunding platform Kameo earlier this spring.

Kameo is an online platform that provides credit to small and medium sized businesses and real estate projects that are typically overlooked by traditional banks, all loans are been backed by security. On the other side is the 'crowd' (investors) that can participate and invest in these projects, receiving interest on a monthly basis and either monthly instalments or repayment at maturity. A total of 140 loans have so far yielded an average of 9.5 % in net return to the crowd. The loan portfolio is currently at SEK 300 million and sensible growth combined with a focus to keep default rates low has been a winning strategy.

Kameo will have a window at the Introduce-platform and we look forward to sharing investors and forming a greater community, adding value to both visitors and companies.

 From an ABGSC perspective we find this a great match with our ambition to grow, increase our reach and product scope and not least our digital footprint.

“I am very pleased to announce this strategic investment. I am convinced that the interest for new investment opportunities through crowdfunding and on online platforms will increase further going forward, with this investment we will be part of that movement. We are impressed by the Kameo team, the platform they have created and by the quality and integrity of the offering they are providing to investors. My objective as the new Group CEO is to bring ABG Sundal Collier as an investment bank into the future and focus on growth, both organically and through acquisitions, while maintaining profitability and our high quality of service,” says Jonas Ström, Managing Partner in Sweden at ABGSC.

“Kameo is expanding rapidly, we have a great interest both from small and medium sized businesses in need of credit and investors looking for attractive investment opportunities. With ABG Sundal Collier as our largest shareholder and partner we are ready to take the next step and further develop the business into a truly Nordic platform,” says Sebastian Harung, CEO and founder of Kameo.

Please visit www.kameo.se for more information and to join the crowd!