4 years ago

Divido Secures $30 Million Series B to Expand its Retail Finance Platform Globally

  • Divido, a London-based white-label platform for retail finance, has raised $30 million in a Series B funding round led by HSBC and ING

  • The funding will be used to support the company's international expansion and further develop its platform

  • Divido provides a platform that connects lenders, merchants, and partners at the point of sale, offering an alternative to traditional credit cards

  • The company has over 1,000 clients and operates in ten markets across two continents.

      • ProblemFinancial Services

      "Consumers and businesses need more flexible and accessible financing options beyond traditional credit cards, especially in a rapidly changing economic landscape."

      Solution

      "Divido provides a white-label platform that connects lenders, merchants, and partners, enabling them to offer 'Buy Now Pay Later' and other retail finance solutions seamlessly at the point of sale."

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