LONDON - Tuesday 2nd March, 2021: Divido, the leading whitelabel platform for retail finance, has, today, been propelled into the top 100 fastest growing companies across Europe, and top-10 fastest growing fintechs.
The rapidly-rising retail finance star made the number 83 spot of the Financial Times’ distinguished ranking: the FT 1000, having reported 1441.7 per cent compound annual growth.
The pan-sector FT 1000 list shines a spotlight on European businesses that have shown the highest absolute growth, as independently verified by Financial Times partner Statista.
Technology accounted for around a third of the top 100 businesses on the list, with fintech representing nearly ten per cent, as London remains the city with the most high-growth businesses.
Christer Holloman, CEO, Divido
Divido CEO and founder, Christer Holloman said: ‘As we transform retail finance, we have licensed our platform to some of the world’s leading lenders and retailers; disrupting the disruptors to put them ahead in the race for this $1.8 trillion global opportunity.
‘The forthcoming closure of our Series B funding round will ensure this stellar trajectory continues.’
All companies on the list underwent the rigorous selection process set out by the Financial Times and partner firm Statista, adhering to prerequisite fiscal criteria and independent verification of figures.
View the complete FT 1000 list and learn more about the methodology.
Divido’s whitelabel platform connects lenders, merchants and partners at the point of sale; transforming retail finance with proven technology and industry expertise to create a flexible way for you to control and configure payments, now.
Consumer behaviours are changing, and changing fast. Lenders and merchants must meet these evolving customer needs and deliver transparency, value and flexibility at the point of sale to earn trust and loyalty, and convert momentary transactions into relationships that last.
With award-winning technology, Divido has set a new global standard for retail finance. Its whitelabel, multi-geo, omnichannel platform sweeps aside complexity and gets you to market, fast, placing the power of point-of-sale finance in your hands.
Divido has 1,000 clients and operates in ten markets across two continents.
About Financial Times
The Financial Times (FT) is one of the world’s leading news organisations, recognised internationally for its authority, integrity and accuracy.
The FT Group employs more than 2300 people worldwide, including 700 journalists in 40 countries. It includes the Financial Times, FT Specialist, and a number of services and joint ventures.
Statista was founded in Germany in 2007 and has about 900 employees at twelve office locations on four continents.
Statista is a leading data and business intelligence portal which conducts international market and consumer studies as well as surveys.