Market coverage N/A
- United Kingdom
Divido is a financial technology company based in London, United Kingdom, that provides point-of-sale financing solutions. Their main goal is to make installment buying easier by offering flexible payment options for consumers.
Divido works in partnership with merchants and retailers to integrate their financing platform into their online and in-store payment processes. This allows customers to spread the cost of their purchases over a given period, rather than paying the full amount upfront. The financing options offered can include monthly payments, interest-free payments, or deferred payments.
The Divido platform supports various types of financial products, such as installment loans, consumer loans, and credit cards. They collaborate with a network of lenders and financial service providers to offer a range of financing solutions tailored to consumers’ needs.
To use Divido’s services, consumers typically need to fill out an online financing application, which is assessed based on their creditworthiness. Once approved, the financing is set up, and the agreed-upon payments are automatically deducted from the customer’s account.