2025 Q1 Business Update

With yet another successful quarter closed we are happy to share business update with our investors.

Modena issued in 2025 Q1 a total of 4.5m EUR worth of BNPL contracts. Up 46% compared with 2024 Q1!

The leading segment where majority of contracts originated were fashion & beauty.

1.1m EUR worth of BNPL contracts were financed via modena.capital by our investors. Average ROI of our investors was 9.1% for that period.

Default rate of BNPL contracts remains low (as it historically has been) with less than 0.7% contracts defaulting.

Oliver Matt
CEO of Modena