Bocap invests in the internationalization of Qvik – leading consultancy in digital consumer services solutions and monetization
Bocap has made a significant growth investment in Qvik Oy, which is not only an expert in digital consumer services solutions, but also a well-known developer of solutions related to payments and monetization. With the investment, the company plans to expand further into Northern Europe and develop into a leading consultancy of digital consumer services solutions and monetization.
Qvik currently operates in Finland, Sweden and the UK, employing more than 120 digital services professionals. The company’s customer base includes leading consumer brands such as Electrolux, Suunto, Sanoma, Savings Banks Group and Terveystalo. The turnover this year is around 12 million euros, and with the financing round, the company’s growth is to be accelerated significantly.
The continuous concentration of consumer demand and payment transactions on digital channels has raised the level of requirements for digital services even more. Qvik is driving this development by actively cooperating with the world’s leading technology suppliers and payment service providers.
“Qvik has found a clear focus on the commercialization and payment of consumer services, an area in which growth is driven by the companies’ desire to offer consumers even higher quality, state-of-the-art digital services. We identified Qvik’s exceptional experience and in-depth knowledge, which is required to stay on the cutting edge of ever-developing technologies. A commercial vision of the future of digital consumer services combined with strong technology expertise is a prerequisite for success. Entrepreneur-led and strongly owned by the staff, Qvik is, with Bocap’s investment, ready to take a position as a leading developer of digital consumer services and monetization in Northern Europe!”, says Bocap’s partner and investment director Vilma Torstila.
According to CEO Lari Tuominen, Qvik had many reasons for teaming up with Bocap: “We had long and fruitful discussions on our vision and potential with Bocap and rapidly noticed that their team is very capable and experienced. Bocap has a good understanding of the technology sector and building international growth, and our thoughts on Qvik’s next big growth leap are united.”
The parties have agreed that other details on the transaction will not be made public.
More information is provided by
Ms. Vilma Torstila, Investment Director & Partner, Bocap Private Equity Oy, +358 40 547 4010, vilma@bocap.fi
Mr. Lari Tuominen, CEO ja Co-Founder, Qvik Oy, +358 50 322 2669, lari.tuominen@qvik.fi
Want to know more about Qvik and how we could help succeed? Come and meet us on our events: https://qvik.com/events/
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