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  • David Larsson

    CEO


    Postal adress: Box 4169, 102 64 Stockholm, Sweden
    +46 8 517 100 00
    +46 72-550 23 06
    https://sileon.com/

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    Launching the important risk assessment module ahead of time showcases our strong commitment to fulfilling customers’ need for simplified and flexible card-based BNPL. The collaboration with Provenir will give Sileon’s customers access to a full-featured international BNPL SaaS Platform, all available through one simple integration.
    Bahareh Zand, CPO at Sileon
    We are very happy to be up and running with Sileon's BNPL functionality. With the increased demand for flexible payment methods, Sileon's BNPL service has been well received by our customers. This applies especially to more expensive purchases or car repairs.
    Johan Emerius, Chief Commercial Officer at OKQ8 Bank
    The test period during the spring has been successful, and we are now looking forward to growth in this business during the autumn.
    David Larsson, CEO at Sileon
    We are very excited about the partnership with Provenir. This broadens our offering and enables additional BNPL functionality for our customers, which in turn means increased flexibility and scalability.
    David Larsson, CEO of Sileon
    OKQ8 Bank is very excited to partner with Sileon in the rapidly growing BNPL segment. The need for partial payments, at both point-of-sale and post-purchase, continues to increase significantly. With Sileon's modern BNPL Platform and expertise, we can now offer BNPL and collective invoicing to consumers across all OKQ8 channels while maintaining control over brand and customer relationships.
    Johan Emerius, Chief Commercial Officer at OKQ8 Bank
    Launching Sileon's scalable BNPL technology at OKQ8 Bank, a strategically important customer, is a big step forward in our expansion journey. OKQ8 Bank has the potential to become our largest customer to date and we look forward to supporting them with BNPL functionality.
    David Larsson, CEO at Sileon
    We share the view with Visa that banks and financial institutions’ demand of BNPL functionality is increasing. In order to simplify and deliver on the customers’ expectations, we are strengthening our BNPL SaaS platform with additional elective modules during 2023. We value our strategic partnership with Visa which enables even more banks and financial institutions to quickly, safely and modernly launch BNPL
    David Larsson, CEO at Sileon
    Visa has been at the vanguard of innovation in payments since its founding in the 1950s and we are constantly working on the next big payment innovations. We are working to advance BNPL capabilities to meet consumer and business demand, and through the collaboration with Sileon we are aiming to bring flexible credit capabilities solution to our clients and partners
    Philip Konopik, Regional Managing Director at Visa in the Nordics and Baltics
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    Sileon divests Payments business area

    Sileon AB (publ) (“Sileon” or the “Company”) has today entered into an agreement with Avarda a part of TF Bank AB (publ) (the “Purchaser”) whereby the Company’s assets related to the business area Payments (“Payments”) are divested. The sale of Payments is in line with the previously communicated business plan. The purchase price for Payments amounts to SEK 20 million and the closing is conditional on the relevant contract parties approving the transfer. Main terms of the transaction Sileon has today entered into an agreement whereby the assets of the Company relating to Payments are

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    Notice of Extraordinary General Meeting in Sileon AB (publ)

    Notice of Extraordinary General Meeting in Sileon AB (publ)   The shareholders of Sileon AB (publ) (the "Company") are hereby invited to the Extraordinary General Meeting to be held on 13 November 2024 at 16.00 at Advokatfirman Schjødt, Hamngatan 27, in Stockholm. Right to participate in the Extraordinary General Meeting and notice of participation Notice of participation A shareholder who wishes to participate in the Extraordinary General

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    Interim Report, January – June 2024

    The figures refer to the Group unless otherwise stated. Figures in parentheses refer to the corresponding period of 2023 unless otherwise stated. SECOND QUARTER 2024 · Revenues increased to SEK 16.4 M (13.6). · Earnings before depreciation and amortization (EBITDA) amounted to SEK -1.5 M (-8.3). · Earnings before interest and taxes (EBIT) amounted to SEK -6.7 M (-13.5). · Bringing loss for the period to SEK -5.2 M (-14.2). · Loss per share -0.1 (-0.4). SIGNIFICANT EVENTS IN THE SECOND QUARTER • Sileon has resolved on a previously communicated rights issue of

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    Sileon announces outcome in completed rights issue

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO SECTION “IMPORTANT INFORMATION” BELOW. Sileon AB (publ), ("Sileon" or the "Company"), has concluded its new share issue with preferential rights for shareholders as announced on 17 May 2024 (the "Rights Issue"). The Rights

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    Sileon appoints Carnegie Investment Bank AB as liquidity provider

    Sileon AB (publ.) has entered into an agreement with Carnegie Investment Bank AB regarding the liquidity provider services to improve the liquidity in Sileon's ordinary shares on Nasdaq Stockholm. The arrangement is in accordance with the framework of Nasdaq Stockholm's rules on liquidity providers. In the role of liquidity provider Carnegie undertakes to continuously quote prices for Sileon’s share in accordance with the from time-to-time applicable minimum requirements for liquidity providers set out by Nasdaq Stockholm. The purpose is to improve the liquidity of the share and reduce

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    Sileon unveils innovative feature as part of its comprehensive SaaS offering

    Sileon is excited to announce the introduction of a new feature now available within its comprehensive SaaS solution. This new solution module is designed to promote responsible lending and offer better-tailored offers for cardholders. It also provides enhanced flexibility and convenience for both businesses and end users. Offering BNPL for all transactions can lead to lending for very low amounts and inappropriate transactions, such as deposits at gambling companies or tax payments. Smart BNPL addresses these issues by allowing banks to focus on the most relevant and high-value

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    Sileon publishes prospectus in connection with right issue

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO SECTION “IMPORTANT INFORMATION” BELOW.Sileon AB (publ) (”Sileon” or the “Company”) publishes a prospectus in connection with the rights issue of shares corresponding to approximately SEK 57 million that was resolved by the

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    OKQ8 Bank Signs 3-Year Agreement with Sileon to Implement Flexible BNPL Solution on Their Cards

    OKQ8 Bank has signed a 3-year agreement with Sileon to launch a flexible Buy Now Pay Later (BNPL) solution on their cards. Through this strategic partnership, OKQ8 Bank becomes the first bank i the Nordics to offer flexible BNPL from Sileon for their card customers. "As the first bank in the Nordics to introduce BNPL on cards via Sileon's platform, we are taking an important step forward. Flexible BNPL for cards is the future and a necessary step for us to stay strong in the market. With this initiative, we will offer our card customers a whole new level of payment flexibility," says

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    Sileon has resolved on the previously announced rights issue of approximately SEK 57 million

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO SECTION “IMPORTANT INFORMATION” BELOW.The board of directors of Sileon AB (publ) ("Sileon" or the "Company") has, with the support of the authorization from the extraordinary general meeting on 19 June 2024, resolved on a new

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    Bulletin from the Extraordinary General Meeting of Sileon AB (publ)

    Today, 19 June 2024, an Extraordinary General Meeting was held in Sileon AB (publ). Below is a summary of the resolutions that were made. All resolutions were made with the required majority. Resolution to amend the Articles of Association The Extraordinary General Meeting resolved, in accordance with the Board of Directors' proposal, to amend §§ 4-5 of the Articles of Association: New wording for § 4 of the Articles of Association The share capital shall be a minimum of SEK 12,500,000 and a maximum of SEK 50,000,000. New wording for § 5 of the Articles of Association The

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    David Larsson leaves his role as CEO for Sileon – Kent Hansson appointed acting CEO

    Sileon AB’s (publ) (”Sileon”) Board of Directors has together with David Larsson agreed that he leaves his role as CEO that he has had since mid 2020.  The Board has appointed Kent Hansson acting CEO, effective immediately, which means that he leaves his role as Chairman but will still be a member of the Board. Linus Singelman, board member since 2022, is appointed Chairman. David  Larsson will be at the Board’s disposal during his resignation period of 6 months. The Board will initiate the recruitment process for a new CEO. – I have been working together with David for many years and

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    Notice of Extraordinary General Meeting in Sileon AB (publ)

    N.B. This notice has been prepared in both Swedish and English language versions. In the event of any discrepancies between the versions, the Swedish version shall prevail. The shareholders of Sileon AB (publ) (the "Company") are hereby invited to the Extraordinary General Meeting to be held on 19 June 2024 at 16.00 at Advokatfirman Schjødt, Hamngatan 27, in Stockholm. Right to participate in the Extraordinary General Meeting and notice of participation Notice of participation A shareholder who wishes to participate in the Extraordinary General Meeting must (i) be recorded as a

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    The board of directors of Sileon intends to resolve on a rights issue of approximately SEK 57 million

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO SECTION “IMPORTANT INFORMATION” BELOW. The board of directors of Sileon AB (publ) ("Sileon" or the "Company") today announces its intention to resolve on a new share issue of a maximum of 114,053,409 shares with

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    Bulletin from Annual General Meeting in Sileon AB (publ)

    The following resolutions were passed at the Annual General Meeting (the “AGM”) of Sileon AB (publ) (“Sileon” or the “Company”) held today on 23 April 2024 in Stockholm, Sweden. Adoption of Income Statement and Balance Sheet for the Financial Year 2023 and Discharge from Liability The AGM resolved to adopt the income statement and the consolidated income statement for the financial year 2023 as well as the balance sheet and the consolidated balance sheet as of 31 December 2023, as set out in the annual report. The members of the Board of Directors and the CEO were discharged from

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    Interim report, January – March 2024

    The figures refer to the Group unless otherwise stated. Figures in parentheses refer to the corresponding period of 2023 unless otherwise stated. FIRST QUARTER 2024 · Revenues decreased to SEK 11.8 M (15.2). · Earnings before depreciation and amortization (EBITDA) amounted to SEK -3.9 M (-5.6). · Earnings before interest and taxes (EBIT) amounted to SEK -9.4 M (-10.0). · Bringing loss for the period to SEK -10.5 M (-10.9). · Loss per share -0.21 (-0.32). SIGNIFICANT EVENTS IN THE FIRST QUARTER • No significant events have occurred during the period SIGNIFICANT

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    SILEON SIGN AGREEMENT WITH MEXICAN BANK BANKAOOL

    Mexican bank Bankaool, known for its dedication providing accessible and comprehensive banking services in a highly digitalized offering has signed a 3-year agreement to incorporate Sileons card-based Buy Now, Pay Later (BNPL) solutions into their financial product lineup.  This partnership stands as a significant milestone as Sileon continue to expand its international reach, introducing innovative BNPL functionality on debit and creditcards now also in the Mexican market. The launch of Sileon’s Card-linked BNPL functionality on Bankaools cards is scheduled for July this year.  "We are

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    NOTICE TO ATTEND THE ANNUAL GENERAL MEETING IN SILEON AB (PUBL)

    The shareholders of Sileon AB (publ) (the “Company” or “Sileon”), reg. no. 556584-5889, with its registered office in Stockholm, are hereby invited to the Annual General Meeting on Tuesday 23 April 2024 at 2:00 PM CEST, at the Company’s premises in Münchenbryggeriet, Söder Mälarstrand 65, floor 5, in Stockholm.Right to participate in the Annual General Meeting and notice of participation Notice of participation A shareholder who wishes to participate in the Annual General Meeting in person or represented by a proxy must (i) be recorded as a shareholder in the share register maintained

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    INTERIM REPORT, JANUARY - DECEMBER 2023

    The figures refer to the Group unless otherwise stated. Figures in parentheses refer to the corresponding period of 2022 unless otherwise stated. FOURTH QUARTER 2023 · Revenues decreased to SEK 9.5 M (17.1). · Earnings before depreciation and amortization (EBITDA) amounted to SEK -8.5 M (-4.8). · Earnings before interest and taxes (EBIT) amounted to SEK -14.2 M (-10.0). · Bringing loss for the period to SEK -14.5 M (-10.0). · Loss per share -0.29 (-0.31). SIGNIFICANT EVENTS IN THE FOURTH QUARTER • Sileon announces final outcome in Rights Issue • The rights issue

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    New customer agreement establishes Sileon's BNPL SaaS platform in emerging markets

    Sileon has signed a new three-year BNPL SaaS agreement with the Spanish organization Inclusivity. Inclusivity offers democratic access to technology and innovation through microfinance solutions in Africa and Latin America. Inclusivity's projects include everything from mobile apps that facilitate access to healthcare and education to payment and payment plans via Whatsup, as well as digital platforms that enable small producers to reach broader markets. For example, Inclusivity contributes by supporting financial technology for a cooperative with 300,000 women in Peru. Another project

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    Sileon changes Certified Adviser to Carnegie Investment Bank AB (publ)

    Sileon today announces a change of Certified Adviser from Erik Penser Bank AB to Carnegie Investment Bank AB (publ).Sileon has entered into an agreement with Carnegie Investment Bank AB (publ) regarding the position as Certified Adviser. Carnegie Investment Bank AB (publ) will take over as Certified Adviser on November 30, 2023. Until then, Erik Penser Bank AB will continue to act as Certified Adviser to the company.For more information, please contact:David Larsson, CEO, Sileon AB E-mail: david.larsson@sileon.com Phone: +46 725 502 306About SileonSileon AB (publ) is a global

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    INTERIM REPORT, JANUARY – SEPTEMBER 2023

    The figures refer to the Group unless otherwise stated. Figures in parentheses refer to the corresponding period of 2022 unless otherwise stated. THIRD QUARTER 2023 · Revenues decreased to SEK 9.7 M (18.3). · Earnings before depreciation and amortization (EBITDA) amounted to SEK -8.6 M (0.2). · Earnings before interest and taxes (EBIT) amounted to SEK -14.1 M (-4.6). · Bringing loss for the period to SEK -14.5 M (-4.8). · Loss per share -0.43 (-0.14). SIGNIFICANT EVENTS IN THE THIRD QUARTER • Sileon resolves on a fully secured rights issue of approximately SEK 33.8

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    The rights issue has been registered and trading in Paid Subscribed Shares ceases

    Sileon AB (publ) has carried out a rights issue of shares which was concluded on October 2, 2023. The rights issue has been registered with the Swedish Companies Registration Office and the last day for trading in paid subscribed shares ("BTA") is October 18, 2023. The record date will be October 20, 2023, after which the BTA will be converted into shares as of October 24, 2023. For more information, please contact:David Larsson, CEO, Sileon AB (publ)Email: david.larsson@sileon.comPhone: +46 725 502 306 The information was submitted for publication through the agency of the

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    Sileon announces final outcome in Rights Issue

    THIS PRESS RELEASE MAY NOT BE PUBLISHED, RELEASED, OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN OR TO AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SOUTH AFRICA, SWITZERLAND, SINGAPORE, UNITED KINGDOM, THE UNITED STATES, OR ANY OTHER JURISDICTION WHERE SUCH ACTION IS SUBJECT TO LEGAL RESTRICTIONS. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO ACQUIRE SECURITIES IN SILEON AB (PUBL). SEE ALSO THE SECTION "IMPORTANT INFORMATION" BELOW. Sileon AB (publ), ("Sileon" or the “Company"), has concluded its new share issue with preferential rights for shareholders as

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