9 years ago

Divido Secures €2.2 Million Seed Round for Payment Alternative Solution

  • Divido, a payment alternative solution, has closed a €2.2 million seed round led by Mangrove Capital Partners and DN Capital

  • The company allows customers to spread the cost of any purchase over a period of time, while the retailer gets paid in full right away.

      • ProblemFinancial Services

      "making it easier for customers to spread the cost of purchases while ensuring retailers get paid in full immediately."

      Solution

      "Divido offers a paperless solution that works in stores, online, and over the phone, supporting major e-commerce platforms. It acts as a marketplace for multiple finance sources, leading to higher approval rates, lower fees, and a wider range of options, including no-interest financing for consumers and commissions for retailers."

      Covered on