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.

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.

The test period during the spring has been successful, and we are now looking forward to growth in this business during the autumn.

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.

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.

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.

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

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