Sileon AB (publ) singed 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 covers several countries in Africa where they provide technical and financial solutions to the postal industry and micro-enterprises. Through Sileon's BNPL SaaS technology, Inclusivity is given the scalability and flexibility the organization needs to provide BNPL products in all markets where they contribute to financial inclusion.

The first project to incorporate Sileon's BNPL technology is scheduled to be operational in Mexico in March 2024. Sileon's BNPL SaaS agreement includes a variable fee per transaction, as well as a fixed fee per month.