Divido, a Buy Now Pay Later platform in the retail finance market, raises a $30M series B funding round, led by HSBC and ING.The founder CEO at Divido, Christer Holloman, says, "we have created a global standard for banks, retailers, and payment partners to connect seamlessly to offer 'Buy Now Pay Later' to consumers."Divido has plenty of competition in the fast-growing Buy Now Pay Later space:Affirm Holdings (AFRM), known for its partnership with Peleton, went public in January;Afterpay (AFTPF) partnered with the payment platform Adyen (ADYEY) since April 8 of this year; andPreviously (Nov. 16, 2020) JPMorgan Chase (JPM) launched a Buy Now Pay Later option for Chase cardmembers.See also, PayPal (PYPL) stock jumps amid early success for Bitcoin, (BTC-USD) 'Buy Now Pay Later', QR.
