Zopa Acquires DivideBuy
February 17, 2023
Zopa will acquire DivideBuy’s point-of-sale (POS) finance technology and lending platform as part of a push to deliver "BNPL 2.0." The deal — Zopa’s first acquisition — is expected to close in the coming months and to boost Zopa’s revenue while combining DivideBuy’s POS product with Zopa’s underwriting, regulatory permissions and funding capabilities.
- Buyers
- Zopa
- Targets
- DivideBuy
- Industry
- Payments & Fintech
- Location
- United Kingdom
- Transaction Type
- Buyout
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