FinTechFunding

Divido: Raises $30M in Series B Funding

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
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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