Divido Launches Connect Platform for Embedded Retail Finance Across Europe
On July 6, 2023, Divido launched Divido Connect, an expanded platform designed to create an embedded retail finance network across Europe. The product integrates multiple lenders into a single platform, enabling retailers to offer a range of checkout finance options including pay-in-three schemes and installment plans. The platform operates across the UK and six European countries: France, Belgium, Spain, Portugal, Italy, and Romania.
Divido Connect supports omnichannel deployment, allowing merchants to embed financing options in both online and in-store checkout experiences. By aggregating multiple lenders, the platform increases approval rates and provides consumers with more financing choices at the point of sale. The multi-lender, multi-geography approach differentiates Divido Connect from single-lender embedded finance solutions.
The launch positions Divido as infrastructure connecting retailers with a network of financing providers across European markets, a key expansion of the embedded finance model beyond single-market solutions.
- Multi-lender embedded finance platforms could reshape point-of-sale lending by increasing competition and approval rates
- Cross-border embedded finance infrastructure is becoming critical as European retailers seek unified financing solutions