Visa to invest further in Sileon’s BNPL SaaS platform
In addition to the USD 1.7 million investment announced on March 30 2022, Visa is now to invest an additional USD 1 million in Sileon to accelerate its development of solution modules in Sileon's existing BNPL SaaS platform. This development and its corresponding investment is to be carried out during 2023.The market for BNPL continues to grow both in the Nordics and globally. Through the partnership with Sileon, Visa can strengthen banks and financial institutions with technology for BNPL, and make it possible for them to build their own flexible BNPL offering adapted to customers’ needs.
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