Datum Källa Rubrik Typ Alternativ
2023-06-28 Penser Future Penser Future: Lanseringen av Solutions underlättar försäljningsarbetet - Sileon Pressreleaser Visa Stäng
2023-06-27 Sileon Sileon AB: Sileon lanserar BNPL-funktionalitetsmodul tidigare än planerat Pressreleaser Ladda ner | Visa Stäng
2023-06-27 Sileon Sileon AB: Sileon launches BNPL Solution module ahead of schedule Pressreleaser Ladda ner | Visa Stäng
2023-06-21 Penser Future Penser Future: Tekniken är nu live på OKQ8-stationer - Sileon Pressreleaser Visa Stäng
2023-06-20 Sileon Sileon AB: Sileons BNPL-teknik är nu live på OKQ8s stationer Pressreleaser Ladda ner | Visa Stäng
2023-06-20 Sileon Sileon AB: Sileon's BNPL technology is now live at OKQ8's stations Pressreleaser Ladda ner | Visa Stäng
2023-06-12 Penser Future Penser Future: Tecknar avtal med Sipay, en stor spansk betaltjänstleverantör - Sileon Pressreleaser Visa Stäng
2023-06-09 Sileon Sileon AB: Sileon tecknar avtal med spanska Sipay för att lansera BNPL i Spanien Pressreleaser Ladda ner | Visa Stäng
2023-06-08 Penser Future Penser Future: Gynnas av omställningen till mer digitala betalsätt - Sileon Pressreleaser Visa Stäng
2023-05-26 Sileon Sileon AB: Board members Linus Singelman and Jenny Karlsson buy options in Sileon Pressreleaser Ladda ner | Visa Stäng
2023-05-26 Sileon Sileon AB: Styrelseledamöterna Linus Singelman och Jenny Karlsson köper optioner i Sileon Pressreleaser Ladda ner | Visa Stäng
2023-05-03 Penser Future Penser Future: Utvecklingen går snabbare än väntat - Sileon Pressreleaser Visa Stäng
2023-05-02 Sileon Kommuniké från årsstämma i Sileon AB (publ) Pressreleaser Ladda ner | Visa Stäng
2023-05-02 Sileon Bulletin from Annual General Meeting in Sileon AB (publ) Pressreleaser Ladda ner | Visa Stäng
2023-05-02 Penser Future Penser Future: Ingår partnerskap med ledande aktör inom riskbedömning - Sileon Pressreleaser Visa Stäng
2023-05-02 Sileon Sileon AB: DELÅRSRAPPORT JANUARI - MARS 2023 Rapporter Ladda ner | Visa Stäng
2023-05-02 Sileon Sileon AB: INTERIM REPORT, JANUARY-MARCH 2023 Rapporter Ladda ner | Visa Stäng
2023-04-28 Sileon Sileon AB: Sileon enters partnership with Provenir Pressreleaser Ladda ner | Visa Stäng
2023-04-28 Sileon Sileon AB: Sileon ingår partnerskap med Provenir Pressreleaser Ladda ner | Visa Stäng
2023-04-27 Penser Future Penser Future: Intervju med Sileon - Erik Penser Bank - 26 april 2023 Pressreleaser Visa Stäng
2023-04-06 Sileon Sileon AB: SILEON PUBLICERAR ÅRSREDOVISNING FÖR 2022 Rapporter Ladda ner | Visa Stäng
2023-03-30 Sileon Sileon AB: NOTICE TO ATTEND THE ANNUAL GENERAL MEETING IN SILEON AB (PUBL) Pressreleaser Ladda ner | Visa Stäng
2023-03-30 Sileon Sileon AB: KALLELSE TILL ÅRSSTÄMMA I SILEON AB (PUBL) Pressreleaser Ladda ner | Visa Stäng
2023-03-15 Penser Future Penser Future: Plattformen är live, fördjupat samarbete med Visa och OKQ8 blir kund - Sileon Pressreleaser Visa Stäng
2023-03-09 Sileon Sileon AB: OKQ8 Bank launches BNPL offer with Sileon's technology Pressreleaser Ladda ner | Visa Stäng
2023-03-09 Sileon Sileon AB: OKQ8 Bank lanserar BNPL-erbjudande med Sileons teknik Pressreleaser Ladda ner | Visa Stäng
2023-02-21 Penser Future Penser Future: SaaS-plattformen är live och första kunden är ombord - Sileon Pressreleaser Visa Stäng
2023-02-17 Sileon Sileon AB: INTERIM REPORT, JANUARY - DECEMBER 2022 Rapporter Ladda ner | Visa Stäng
2023-02-17 Sileon Sileon AB: DELÅRSRAPPORT JANUARI - DECEMBER 2022 Rapporter Ladda ner | Visa Stäng
2023-01-26 Sileon Sileon AB: Sileons SaaS-baserade BNPL-plattform är live Pressreleaser Ladda ner | Visa Stäng
2023-01-26 Sileon Sileon AB: Sileon's SaaS-based BNPL platform is live Pressreleaser Ladda ner | Visa Stäng
2022-12-19 Sileon Sileon AB: Visa to invest further in Sileon's BNPL SaaS platform Pressreleaser Ladda ner | Visa Stäng
2022-12-19 Sileon Sileon AB: Visa investerar ytterligare i Sileons BNPL SaaS plattform Pressreleaser Ladda ner | Visa Stäng
2022-11-21 Penser Future Penser Future: Nya kunder ombord - Sileon Analyser Visa Stäng
2022-11-18 Sileon Sileon AB: INTERIM REPORT, JANUARY - SEPTEMBER 2022 Rapporter Ladda ner | Visa Stäng
Rapporter | 18 Nov 2022 | Sileon

Sileon AB: INTERIM REPORT, JANUARY – SEPTEMBER 2022

The figures refer to the Group unless otherwise stated. Figures in parentheses refer to the corresponding period of 2021 unless otherwise stated.

THIRD QUARTER 2022

  • Revenues increased to SEK 18.3 M (10.6).
  • Earnings before depreciation and amortization (EBITDA) amounted to SEK 0.2 M (-3.9).
  • Earnings before interest and taxes (EBIT) amounted to SEK -4.6 M (-9.3).
  • Bringing loss for the period to SEK -4.8 M (-9.7).
  • Loss per share -0.14 (-0.58).

SIGNIFICANT EVENTS IN THE THIRD QUARTER

  • Nothing to report during this quarter.

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Sileon has signed it’s first international customer for the BNPL SaaS platform, the Hungarian fintech company Paysome.

CEO letter

This is how BNPL SaaS began

Consumer demand for BNPL is accelerating internationally and banks and fintechs are looking for technical solutions to quickly and scalably meet their customers’ expectations. In this next stage of consumer credit digitalization, banks are being held back by older, more complicated technical structures, while fintechs are struggling with insufficient bandwidth or know-how to create their own necessary BNPL tech. Sileon’s BNPL SaaS (Software as a Service) platform solves their problems.

In parallel with BNPL’s accelerating international growth, more and more companies are finding their way to Sileon. Increasing numbers of international banks and fintechs understand that Sileon’s BNPL SaaS technology can help them launch their own BNPL service in their respective markets. The first to use Sileon’s BNPL SaaS platform will be the Hungarian fintech company Paysome, which is using Sileon’s platform to build a BNPL challenger in central Europe.

Sileon’s BNPL SaaS business model consists of a fixed monthly fee based on the customer’s estimated annual transaction volume, plus a recurring variable fee per transaction. The business model has been well received and is particularly appreciated for its simplicity and how well it correlates with a company’s own revenue generation.  Compared with developing and maintaining their own BNPL technology, Sileon offers companies a demonstrably cost-effective, low-risk solution for established banks as well as fintech challengers.

Sileon is following its strategic plan

The plan remains firm and, according to schedule, Sileon is launching its BNPL SaaS platform commercially in the first quarter of 2023. In addition to growing demand for the BNPL platform, we have seen that some banks need ready-to-integrate solutions for such areas as risk, identity checks and digital communication. Even if banks often have their own solutions for these functions, they are not always compatible with new technology or modern digital customer journeys. To make it even easier for our customers to quickly and conveniently launch BNPL, during the second half of 2023 we will launch seamlessly integrated modular solutions as supplements to the BNPL platform. Our partner, Visa, has made a similar analysis of banks’ needs and we are now close to an agreement with Visa regarding continued partial financing of Sileon’s BNPL SaaS development.

To continue along the path forged and deliver BNPL capabilities to an international customer base, we need to further refine Sileon’s operations. That is why in the first quarter of 2023, Sileon will be phasing out its Paynova consumer credit offering. The largest impact of this will be on Tradera, but after constructive dialogue during the autumn, they have found a good new solution.

Continued growth

Using Sileon’s technology, OKQ8 will go live with its own BNPL service in mid-December 2022. The initial phase will include tests in several OKQ8 workshops. Thereafter, it will gradually be launched in other sales points and channels throughout 2023. Given the size of OKQ8, it’s reasonable to assume that it could eventually become our largest customer to date.

The third quarter was another record quarter for income and profitability. Even though continued investments in BNPL SaaS will burden the next few quarters to a greater degree, this quarter’s strong figures are a good indicator that Sileon is well on its way to reaching the strategic target of a positive EBITDA in 2023. 

We enable your BNPL

David Larsson

November 2022

For more information, please contact:
 

David Larsson, CEO, Sileon AB
E-mail: david.larsson@sileon.com
Phone: +46 725 502 306

This information is such that Sileon AB (publ) is obligated to disclose under the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication, through the agency of the contact persons set out above, on November 18[th] 2022 at 7:00 a.m. CET.

About Sileon

Sileon AB (publ) is a global fintech company that offers an innovative SaaS-based Buy Now Pay Later (BNPL) functionality to banks, lenders and fintechs. Sileon’s BNPL solution is integrated into the customer’s environment and operates under the customer’s brand, which, unlike conventional BNPL solutions, enables the customer to independently provide BNPL without being dependent on third parties. Sileon operates in a fast-growing international market with an estimated transaction value of $ 680 billion globally by 2025. Sileon is listed on the Nasdaq First North Growth Market and has approximately 50 employees at its headquarters in Stockholm, Sweden.

2022-11-18 Sileon Sileon AB: DELÅRSRAPPORT JANUARI - SEPTEMBER 2022 Rapporter Ladda ner | Visa Stäng
2022-11-15 Penser Future Penser Future: Första avtalet för BNPL SaaS-plattformen på plats - Sileon Analyser Visa Stäng
2022-11-15 Sileon Sileon AB: BNPL SaaS agreement signed between Sileon and the Hungarian fintech company Paysome Pressreleaser Ladda ner | Visa Stäng
2022-11-15 Sileon Sileon AB: Det ungerska fintech-bolaget Paysome tecknar avtal med Sileon om BNPL SaaS Pressreleaser Ladda ner | Visa Stäng
2022-10-14 Penser Future Penser Future: Intervju med Sileon - Erik Penser Bank - 14 oktober 2022 Analyser Visa Stäng
2022-10-12 Penser Future Penser Future: Unik position på växande marknad - Sileon Analyser Visa Stäng
2022-09-21 Sileon Sileon AB: Sileon är stolt partner med Nordic Fintech Week Pressreleaser Ladda ner | Visa Stäng
2022-09-21 Sileon Sileon AB: Sileon is a proud partner at the Nordic Fintech Week Pressreleaser Ladda ner | Visa Stäng
2022-08-25 Sileon Sileon AB: Interim report, January - June 2022 Pressreleaser Ladda ner | Visa Stäng
2022-08-25 Sileon Sileon AB: DELÅRSRAPPORT JANUARI - JUNI 2022 Pressreleaser Ladda ner | Visa Stäng

Kommande händelser

23 Apr 2024 | Årsstämma 2023
23 Apr 2024 | Kvartalsrapport 2024-Q1
24 Apr 2024 | Årligutdelning