Zopa Acquires DivideBuy

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.