DivideBuy surpasses £100million in lifetime sales – here’s why

It’s been a year of uncertainties for many industries, but the global pandemic has brought a bounty of opportunities to the eCommerce industry. In fact, we’re delighted to now be able to announce that we have reached a new milestone: £100 million in lifetime sales.

 

This landmark represents our positive impact on the LendTech and eCommerce industries since establishing in 2014. There’s no sign of us slowing down anytime soon either, with interest free credit point of sale (POS) finance having never been more relevant or in demand from customers.

 

Why we’re so proud about it

 

From increased sales and bolstered average basket values, to reduced checkout abandonments and offering a seamless checkout experience, our retailers are seeing incredible benefits as a result of introducing DivideBuy to their checkouts.

 

In fact, what’s most promising is that these days many consumers have come to expect the speed, immediacy, control, and convenience POS finance solutions offer at the checkout. More than anything, consumers now want choice, and with our retail partners now being able to offer them a credit option without any added interest, both consumers and retailers are experiencing a boost.

 

Onwards and upwards

 

This monumental moment for the company comes less than a year after we hit £50 million lifetime sales in October 2019. Thanks to the hard work of our dedicated team and our robust technology-first approach to lending, we’ve doubled our lifetime sales in less than a year.

 

Not only this, but the company was recognised as the fourth fastest growing technology business in the EMEA region in 2019 by Deloitte, and the third fastest growing technology business in the UK in January 2019, after securing £60m equity investment and debt financing.

 

However, we’re not keeping the benefits of these successes to ourselves, as we have exciting new retailer partnerships in the pipeline for 2021. So keep your eyes peeled for news!

 

As ever, it remains our mission to enable as many retailers and their customers as possible to benefit from the opportunities interest free credit can offer.

 

To find out more about how your online business can work with us, book a demo with our business development team. 

Get Started

Book a call back

We collect and handle your personal data in accordance with our
Privacy Policy

Recent News
Trends to watch: The post-Covid Golden Quarter
This year’s Golden Quarter is one like no other: it’s the first “normal” peak shopping season for retailers following the various lockdowns of the Covid pandemic. Christmas 2020 was all but cancelled, so people are expected to go big with their festivities this year, which is leading to strong indications that the bounce back will […]
15th October 2021
How to boost sales on Black Friday and Cyber Monday
As the seasons change from summer to autumn, the attention of online retailers quickly turns to the highly anticipated Black Friday and Cyber Monday weekend. This year’s BFCM kicks off the Golden Quarter on 26th November, with consumers getting ready to take advantage of deals and offers on what has become the UK’s busiest shopping […]
7th October 2021
How to switch my retail finance provider
Successful eCommerce brands know that offering a retail finance solution to their customers can help reduce cart abandonment and increase revenue. You may already offer alternative payment solutions at your checkout, but when was the last time you reviewed your retail finance options and considered whether what you offer still meets your customer’s needs? Would […]
29th September 2021

Subscribe & Follow

Retailer
Newsletter

Sign up to receive news, hints and tips and helpful articles for your business.

Skip to content