“Can a Nordic-native BNPL and checkout provider become a pan-European growth engine for merchants by wrapping payments, credit, and consumer loyalty into a single Flywheel?”
Founded 2014 as CDON Group's captive payment arm for Nordic e-commerce merchants (pay-after-delivery). Obtained a Swedish credit-market-company license in 2017 and built out consumer credit (invoice, installment, BNPL) and savings deposits. Spun out and listed publicly, then repositioned as an independent Nordic checkout + BNPL provider. Most recent strategic move: distributing its BNPL rail through PPRO to gain international merchant reach without direct sales.
Qliro discloses Qliro AB (in-house) as its banking provider, according to the Embedded Finance Index 2026.
Qliro does not disclose a bank charter of its own; its banking services are provided through Qliro AB (in-house).
Qliro processes payments through Qliro Checkout (self-operated).
Qliro's lending and capital products are provided by Qliro (in-house).
Qliro uses Qliro (self-operated) for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 4 layers in Qliro's stack: Payments / PSP (Qliro Checkout (self-operated)); Banking / BaaS (Qliro AB (in-house)); Lending (Qliro (in-house), Qliro Pay Later (14-day invoice), Qliro Buy Now Pay Later, Qliro Fixed installment and 2 others); FX & payouts (Qliro (self-operated)).
Qliro is founded in 2014 and headquartered in Stockholm, Sweden.
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