DivideBuy: Secures £300m Investment to Accelerate Growth
- DivideBuy, has secured a £300 million lending facility as it continues its stellar growth trajectory
- The funding from global investment management firm, Davidson Kempner Capital Management LP also includes a minority equity investment
- This follows an already successful 12 months for the Newcastle-under-Lyme business
- The interest-free credit POS finance market, driven by agile technologies was worth nearly £10 billion in 2020
- Founded in 2014, has since carved an impressive niche in the sector by adopting a customer-centric solution
- The company has one goal – to make buy now pay later transactions easy and accessible to retailers and customers
