ADDITIONAL ORDERS FROM AXFOOD

Westpay AB, a leading fintech company, has received new orders for payment terminals and services, as part of ongoing cooperation with Axfood. These orders represent a confirmation of Westpay as a trusted payment partner.

The orders received from Axfood amount to more than SEK 4 million initially and will be delivered during the first quarter of 2022. These orders are in addition to what has been previously communicated.

In early 2020, Axfood contracted Westpay with the responsibility to provide Axfood with next-generation payment solutions. Axfood is now using Westpay’s payment solution in all their store concepts, including Hemköp, Willys, Urban Deli and more.

For additional information, please contact:

Sten Karlsson, CEO Westpay AB
Mobile: +46 70-555 6065
Email: sten.karlsson@westpay.se

Hans Edin, CCO Westpay AB
Mobile: +46 70-688 02 05
Email: hans.edin@westpay.se

Certified Adviser is Redeye AB,

Phone: +46 8 121 576 90, email: certifiedadviser@redeye.se

This press release contains such information that Westpay AB is required to publish in accordance with the EU Market Abuse Regulation. The information was published for public disclosure on 5^th October 2021 at 9:00 CEST through the agency of the contact person set out above.

Westpay is a full-service fintech- and payment solution provider that offers solutions that simplify payments and amplifies the overall customer experience. If you represent a restaurant, hotel, store, in-store, or e-commerce, and looking for a payment solution that adds value, we can help you all the way. The company is represented globally, headquartered in Stockholm, Sweden and is listed on Nasdaq First North Growth Market.
For more information: www.westpay.se

Attachment

• Pressrelease_20211005_Axfood