Sileon, a state-of-the-art software-as-a-service (SaaS) provider, has inked a partnership with ZorrzTM Finance, a pioneering FinTech entity focused on democratising credit access through artificial intelligence.
The essence of this partnership revolves around enhancing Zorrz’s innovative AI-crafted secured credit card offerings by incorporating Sileon’s card-based Buy Now Pay Later (BNPL) solution.
ZorrzTM Finance stands out in the FinTech industry by curating credit solutions specifically for immigrants, students, and those who have faced credit challenges in the past. Their primary objective is to level the playing field, ensuring credit and financial products are accessible to all. In contrast, Sileon has earned its reputation by offering consumers the ability to utilise their high-end technology to split payments seamlessly through their credit cards.
This collaboration aims to amplify the benefits of ZorrzTM Finance credit offerings by introducing card-based instalment options. The resulting synergy promises to present consumers with unparalleled financial flexibility.
The eagerly awaited joint venture between Sileon and ZorrzTM Finance is slated for its grand launch in the final quarter of 2023.
ZorrzTM Finance Director of UK Priyesh Mistry said, “We’re excited to team up with Sileon and add BNPL functionality to our products. Their powerful SaaS technology gives us the ability to meet customers’ needs for more payment choice. This partnership aligns with our mission to democratise access to credit through AI – technology.”
Sileon CEO David Larsson expressed, “We’re thrilled that ZorrzTM Finance has chosen our BNPL Platform to meet the growing appetite for instalment payments in the UK. This represents an exciting step forward as we continue expanding globally.”
Keep up with all the latest FinTech news here.
Copyright © 2023 FinTech Global