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Qliro AB ( (SE:QLIRO) ) has issued an announcement.
Qliro AB has renewed and extended its multi-year enterprise agreement with Nelly Group, a leading Nordic fashion e‑retailer, securing continued management of Nelly’s payment flows across the Nordic region. The deal cements Qliro’s role as a core payments partner in fashion e‑commerce and is described as a significant source of transaction volume for the coming years. The renewed collaboration centers on Qliro’s “Flywheel Commerce” product strategy, leveraging features like Upsell and its next-generation checkout to improve conversion rates, raise average order values and enhance the end-to-end shopping experience, aiming to strengthen customer loyalty and support both companies’ growth and positioning in the competitive Nordic fashion and fintech markets.
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 AB is a Stockholm-based fintech company that provides digital payment solutions, including full checkout services, to e‑commerce merchants. Operating as a credit market company under the supervision of the Swedish Financial Supervisory Authority, Qliro focuses on safe, user-friendly payment experiences and is listed on Nasdaq Stockholm under the ticker “Qliro”, with a strong presence in the Nordic online retail market.
YTD Price Performance: -17.17%
Average Trading Volume: 45,607
Technical Sentiment Signal: Sell
Current Market Cap: SEK492M
For detailed information about QLIRO stock, go to TipRanks’ Stock Analysis page.