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home / news releases / ADYEY - Buy now pay later firm Divido raises $30M led by HSBC and ING


ADYEY - Buy now pay later firm Divido raises $30M led by HSBC and ING

Divido, a Buy Now Pay Later platform in the retail finance market, raises a $30M series B funding round, led by HSBC and ING.The founder CEO at Divido, Christer Holloman, says, "we have created a global standard for banks, retailers, and payment partners to connect seamlessly to offer 'Buy Now Pay Later' to consumers."Divido has plenty of competition in the fast-growing Buy Now Pay Later space:Affirm Holdings (AFRM), known for its partnership with Peleton, went public in January;Afterpay (AFTPF) partnered with the payment platform Adyen (ADYEY) since April 8 of this year; andPreviously (Nov. 16, 2020) JPMorgan Chase (JPM) launched a Buy Now Pay Later option for Chase cardmembers.See also, PayPal (PYPL) stock jumps amid early success for Bitcoin, (BTC-USD) 'Buy Now Pay Later', QR.

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Buy now, pay later firm Divido raises $30M led by HSBC and ING
Stock Information

Company Name: Adyen NV - ADR
Stock Symbol: ADYEY
Market: OTC

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