Find out why Simba licensed Divido’s platform to manage multiple lenders internationally, leading to a 33% increase in conversions.

Founded in 2015, Simba Sleep is an online mattress retailer making huge waves in the sleep industry. Within just two years, revenue grew from £0 to £40m, with expectations to exceed £100m by the end of 2018. Throughout this time, Divido has been right by Simba’s side, integrated into their Shopify Plus eCommerce platform to allow their customers to pay for Simba mattresses on 0% finance at the checkout.

Simba needed a finance platform that would cater to all its customers and their personal budgets, but most providers only offered finance through one lender with a defined risk appetite, limiting their growth and acceptance rates for customers. Simba needed a finance platform that offered access to multiple lenders and operated at a global level to be a partner as the company grew in the UK and internationally.

Since licensing Divido’s multi-lender and multinational platform, Simba has seen a 33% increase in conversions, and 45% of Simba’s sales are now powered by Divido.

Watch the video below to find out why James Cox believes Divido is the best solution for Simba.

Divido works with large retailers to increase conversions with its multi-lender platform. Get in touch to find out more.

How Divido helped Simba to increase sales and conversions

Ready to learn more?

Company

Product

Help