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Qliro AB ( (SE:QLIRO) ) has shared an update.
Qliro AB has signed a significant enterprise agreement with GLOWiD, a prominent player in the Nordic Korean beauty market, to provide Pay Now and Pay Later solutions. This agreement is expected to enhance Qliro’s presence in the beauty segment, with a total signed volume exceeding SEK 1 billion for 2025. The partnership with GLOWiD, which saw a 27% increase in net sales in the previous financial year, is part of Qliro’s strategy to strengthen its market position in fast-growing e-commerce categories. This move is anticipated to contribute to Qliro’s growth strategy, with expected annual transaction volumes reaching SEK 21.5 billion once all agreements are operational.
The most recent analyst rating on (SE:QLIRO) stock is a Hold with a SEK18.50 price target. To see the full list of analyst forecasts on Qliro AB stock, see the SE:QLIRO Stock Forecast page.
More about Qliro AB
Qliro is a leading fintech company that provides safe and simple digital payment solutions, including a complete checkout service for e-merchants. It operates as a credit market company under the supervision of the Swedish Financial Supervisory Authority and is based in Stockholm. Qliro’s shares are traded on Nasdaq Stockholm.
Average Trading Volume: 51,492
Technical Sentiment Signal: Sell
Current Market Cap: SEK492M
For a thorough assessment of QLIRO stock, go to TipRanks’ Stock Analysis page.