LONDON - Thursday 18th June, 2020: Divido, the leading, global whitelabel platform for retail finance, has been selected by INV Fintech, in collaboration with Fiserv, to take part in their lauded cultivation programme to help supercharge regional financial institutions with new tools and services to defend and grow their lending volumes in retail finance.
The award-winning fintech platform was chosen following a rigorous selection process run by the global accelerator and esteemed partners, including Yamaha Financial Services, BMO Harris and OTP Bank.
Divido’s technology brings together lenders and merchants, through its platform, to provide flexible, retail-finance payment options to consumers at the point of sale.
Each of the ten selected startups will receive five months of tailored mentoring from INV Fintech and its 20 partners.
Christer Holloman, CEO, Divido
Christer Holloman, CEO and Founder, Divido said: ‘It really is a privilege not only to be singled out for such a highly-regarded programme by some of the top businesses in our industry but also to be in such good company alongside the other nine firms chosen.
‘The advice and mentoring over the next five months will be invaluable as we continue to grow the Divido business.’
The INV Fintech Class 9 list includes; Agora Services, ChargeAfter, Covr Security, Divido, gravityAI, InterGen Data Inc., PayRecs, Quatromoney, SwipeSum and Troc Circle.
For more information about the programme and the organisations involved, click here.
About INV Fintech
INV Fintech is a banking innovation platform.
Based in New York, it runs a fintech startup accelerator and works with financial institutions to build or enhance their innovation capabilities.
INV Fintech runs a five-month startup accelerator dedicated exclusively to financial technology. Leveraging its pioneering virtual model, the organisation fosters innovation by facilitating information sharing, interactions, and potential collaborations between startups, financial institutions and technology providers.
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.