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Zopa acquires BNPL firm DivideBuy in embedded finance push
source link: https://fintechranking.com/2023/02/17/zopa-acquires-bnpl-firm-dividebuy-in-embedded-finance-push/
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Zopa acquires BNPL firm DivideBuy in embedded finance push
British neobank Zopa is set to acquire Staffordshire-based buy now pay later (BNPL) company DivideBuy for an unspecified amount. The transaction marks Zopa’s first acquisition and will complete in the next few months.
By acquiring DivideBuy’s point-of-sale (POS) finance technology and lending platform, Zopa aims to bring a simple and fair solution for larger purchases that may otherwise take customers months or years to save for.
Read more: IBSi
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