Qliro AB has signed an extended agreement with the e-commerce group Nelly Group AB ("Nelly"), meaning that the Company, in addition to the current agreement on Pay Later volumes throughout the Nordic region, will also process Nelly's volumes within Pay Now. The additional Pay Now volumes are expected to amount to approximately SEK 500 million per year. The extended agreement has been made feasible by the launch of the Company's Collecting PSP service Unified Payments and makes Qliro exclusive payment provider to Nelly Group in the Nordic region.

This agreement signifies a noteworthy milestone aligned with the company's strategy for expansion within Payment Solutions expansion, further solidifying Qliro's position as a leading provider of payment solutions for e-merchants. After several years of successful partnership, Qliro and Nelly have chosen to further strengthen their collaboration. Under the current agreement, Qliro provides Nelly with Pay Later services throughout the Nordic region.

As of February 1, 2024, Nelly will benefit from Qliro's launch of the Collecting-PSP service Unified Payments to process Pay Now volumes. In addition, Nelly will Qliro's Checkout 2.0 in all Nordic markets.