LONDON - Thursday 25th June, 2020: Divido, the leading, global whitelabel platform for retail finance, has been lauded in Seedtable's 111 London Startups to Watch in 2020 list.
Described as an ‘eclectic mix of hyper-growth scaleups, small creative startups and everything in between’, the revered list is a who’s-who of London’s burgeoning, disruptive tech sector.
Nearly a third of those mentioned on the list, a staggering 41 of the 111, are financial-services organisations, with nine of the 41, specifically, tackling the payments market. Healthcare lagged in runner-up position with six mentions, whilst artificial intelligence and augmented reality underpin much of the technology across a series of sectors.
Gonz Sanchez, Founder, Seedtable
Gonz Sanchez, Founder, Seedtable, explained: ‘The list is based on public and proprietary data. We look at thousands of different companies in Europe and multiple data points; funding amount, team size, etc, and assign a score to them we call SeedScore.
Christer Holloman, CEO and Founder, Divido, said: ‘I’m extremely excited that Divido has been recognised amongst so many of its peers in financial services and, specifically, the payments arena, as challenging the status quo.
‘The field of businesses represented is broad, with so many varied sectors tackling problems from fresh angles with the power of technology. It’s heartening to see such creativity and innovation continue to grow out of the UK’s capital, London.’
Seedtable compiles startup lists across Europe, by country and city.
View the complete 111 London Startups to Watch in 2020 list.
Seedtable is a weekly newsletter on European tech. It goes out every Friday at 9:00am CET and it’s read by over 10,000 founders, employees and investors.
Divido is the world’s retail-finance platform of choice seamlessly connecting financial institutions, retailers and consumers to offer flexible payments at the point of sale.
Divido enables financial institutions to maximise retail finance revenue through rapid deployment of its advanced white-label platform.
Lenders and payment providers licensing Divido’s technology can expand their loan portfolios and grow transaction revenue. Over 1,000 partners work with Divido including Nordea Finance, BNP Paribas, BMW, Mastercard and Shopify.