OKQ8 Bank has signed a 3-year agreement with Sileon to launch a flexible Buy Now Pay Later (BNPL) solution on their cards. Through this strategic partnership, OKQ8 Bank becomes the first bank the Nordics to offer flexible BNPL from Sileon for their card customers. Sileon's BNPL functionality will enable OKQ8 Bank's customers to convert already completed purchases intostalments, regardless of whether the purchase is made at OKQ8 or elsewhere.

The solution will initially be available to OKQ8 Bank's B2C credit card customers in Sweden before expanding to other customer segments in Sweden and Denmark.