Sileon AB (publ) is a global fintech company that offers an innovative Buy Now Pay Later (BNPL) SaaS functionality to banks, card issuers, and fintechs. With Sileon’s BNPL product, customers can add their BNPL to their existing payment options.

Sileon is an approved payment institution by the Swedish Financial Supervisory Authority and is listed on the Nasdaq First North Growth Market. The Company’s Certified Adviser is Carnegie Investment Bank AB (publ).

Carnegie Investment Bank AB, Box 7405, 103 91 Stockholm
Telephone: +46 (0)8-463 80 00
E-mail: certifiedadviser@carnegie.se

Sileon holds a unique market position as a software supplier and BNPL specialist, offering international transaction-based BNPL functionality.

With Sileon’s white-label BNPL SaaS Platform and Solution modules, customers can swiftly add BNPL to their existing business. The Platform, which specializes in handling large volumes of BNPL transactions and different BNPL scenarios, is connected to the customer’s financial system via APIs.

Using Sileon’s high-end BNPL technology allows customers to run their B2B or B2C BNPL at pre-purchase, point of sale or post-purchase. It enables them to meet the high consumer demand for flexible and convenient payment options, even after the initial transaction has been completed. For example, giving end users the possibility to convert a completed payment or invoice into a partial payment directly in their bank app.

Sileon’s primary goal is to ensure banks, card issuers, and fintechs stay relevant within consumer lending and revitalize their card offering to exceed end users’ expectations of flexible and modern payment methods.

While traditional BNPL companies in the industry tend to offer a comprehensive BNPL solution including credit risk, Sileon’s customers perform the credit lending themselves and therefore attain revenue based on the credit but also handles the risks that come with it.

Sileon’s flexible and transparent SaaS business model generates revenue partly based on a fixed recurring fee, as well as smaller variable fees governed by the number of transactions on the Platform.

Sileon’s strategy is to sell directly towards prioritized European business areas. Nonetheless, with the growing number of business inquiries from non-European prospects, moving beyond borders and scaling globally is given.

Partnerships with major international payment companies, like VISA, and other strategic sales through technical platform partners give Sileon access to a widespread network of contacts and speed up the international expansion process further.