Swedish fintech investor VEF posts Q3 loss, shifts focus to buybacks
Sweden's fintech investor VEF reported a Q3 net loss of $4.50 mln and completed deleveraging, now shifting capital toward share buybacks, per Reuters.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
Swedish fintech investor VEF reported a net loss for the third quarter and the first nine months of 2026, compared with a profit a year earlier, according to Reuters. The company's net asset value in US dollars fell 1% both year on year and quarter on quarter.
The Q3 net loss came to $4.50 mln, and the nine-month loss to $32.40 mln. VEF said its deleveraging phase is complete and that it will now focus on share buybacks while still looking for further fintech investments. Among its holdings, Creditas posted faster loan portfolio and revenue growth, and Abhi passed $100 mln in ARR and is nearing an IPO.
why it matters
A shift from debt repayment to share buybacks matters for shareholders because it reduces leverage and can support the share price. Reuters reports that the median 12-month analyst price target is SEK2.90, about 49% above the October 20 close of SEK1.95. For the broader market the story is minor, but it shows how fintech investors are redeploying capital.
tags
instruments
sources
- Sweden fintech investor VEF posts Q3 net loss — Reuters, 21 October 2026 at 06:17 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗