What is Divido?
Founded in 2014, Divido operates as a white-label platform facilitating point-of-purchase lending. The company serves retailers, lenders, and payment intermediaries by enabling them to offer consumer finance solutions directly at the point of sale. This strategic positioning allows Divido to bridge the gap between consumers seeking flexible payment options and businesses aiming to enhance sales through financing.
How much funding has Divido raised?
Divido has raised a total of $48.3M across 3 funding rounds:
Angel/Seed
$3.3M
Series A
$15M
Series B
$30M
Angel/Seed (2016): $3.3M with participation from DN Capital and Mangrove Capital partners
Series A (2018): $15M, investors not publicly disclosed
Series B (2021): $30M supported by SBI Investment, HSBC, Global Brain, Sony Innovation Fund, OCS, and ING
Key Investors in Divido
DN Capital
DN Capital is a global early-stage venture capital firm with a focus on Seed, Series A, and select Series B opportunities across Software, AI, Fintech, and Consumer Internet. They leverage their extensive network to support portfolio companies in Europe and North America.
Mangrove Capital partners
Mangrove Capital Partners is a venture capital firm that backs innovative entrepreneurs in Europe and Israel, known for early investments in companies like Skype and Wix. They focus on performance and diversity in their investment strategy.
HSBC
HSBC is a global banking and financial services organization providing a comprehensive range of services across six continents. They operate through an extensive international network, offering retail banking, commercial banking, and global markets services.
What's next for Divido?
The recent major strategic investment signals Divido's readiness for its next phase of scaling and market leadership. With a foundation built on innovative technology and strategic partnerships, the company is poised to further enhance its platform capabilities and expand its reach within the burgeoning fintech and retail finance markets. Future growth is expected to focus on deepening integrations with existing partners and exploring new geographic markets, leveraging the capital to drive innovation and operational excellence.
See full Divido company page
