DivideBuy -‘Best POS Solution’ provider at prestigious industry awards

DivideBuy, the leading UK LendTech, has won the Best POS Solution category at the Cards & Payments Awards 2022, beating ACI Worldwide, Worldpay and UTP, as well as being shortlisted for the Best Consumer Credit Card or Credit Facility category. This important award win is a result of a remarkable period of growth at Stoke-on-Trent. It will open the door to further growth in 2022. This latest achievement is a testament to how the company is redefining the world of interest-free credit for the modern consumer and further demonstrates DivideBuy’s award-winning POS credit solution in a vastly competitive sector. Newcastle-under-Lyme is dedicated to providing a transparent and ethical way for consumers and retailers to manage their financial responsibilities. Robert Flowers, CEO at DivideBuy, said it., “The Cards & Payments Awards are a prestigious industry standard, and we are delighted to have won the Best POS Solution category and to have been shortlisted for the Best Consumer Credit Card or Credit Facility category. DivideBuy’s team deserves my appreciation for their dedication and vision in creating an ethical and accessible payment solution for consumers and retailers across the country. “This win marks an important moment for DivideBuy as we continue to build on last year’s growth. In today’s complex economic climate, consumers nationwide are looking for a flexible and responsible way to control their finances. We can be both the technology platform provider, and lender. This means that we are able both to control each step of the lending process. It is in both the retailer’s and consumer’s best interest to make our interest-free loans. We want to become the perfect credit partner for consumers and retailers, offering the nation’s shoppers truly flexible finance and the ability to make more informed purchasing decisions.” Last year DivideBuy announced a milestone £300m funding agreement with the global investment management firm, Davidson Kempner Capital Management LP, following a broadening of its consumer base, a major shift in consumer attitudes towards interest-free credit and its acquisition of several major retail partners. DivideBuy also ranked fourth in Deloitte’s Technology Fast 500™ Europe, Middle East & Africa (EMEA) 2019This marks the third consecutive year of inclusion in the list. This is a recognition of DivideBuy’s impressive median revenue growth of 19,572% over the term, making it the fourth fastest-growing technology company in EMEA, and third in the UK. Interest-free POS finance, which is currently the fastest-growing ecommerce payment option in the world, accounts for 2.9% of all global ecommerce transaction worth in 2021. This market share is projected to grow to 5.3% by 2025. according to a report by WorldPay. This form of affordable credit is also proving popular among millennials with 54% of UK customers in this age bracket. in a survey by FinderIt is a convenient and easy way to pay your bills, as opposed to credit cards that charge higher interest rates and fees. Visit: to learn more about DivideBuy, its benefits for customers and retailers. www.dividebuy.co.uk.

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