Divido Raises $30M in Series B Funding
- Divido, a London, UK-based whitelabel platform for retail finance, raised $30m in Series B funding
- The round was led by HSBC and ING, with participation from Sony Innovation Fund by IGV, SBI Investment, OCS, Global Brain, DG Daiwa Ventures, and existing backers
- The company intends to use the funds to accelerate international expansion and build out its platform for lenders and merchants
- The company provides a whitelabel platform that connects lenders, merchants and partners at the point of sale
- Launched in 2014, the company now has more than 1,000 clients and operates in ten markets across two continents
- Clients include BNP Paribas, Nordea, Lastminute.com and Lenovo, among others
