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Zopa acquires DivideBuy to enhance BNPL services

PRIVATEMay 07, 202615 days ago

Acquiring Company

Zopa

Acquired Company

DivideBuy

LondonUnited KingdomFinanceFintech

Description

In February 2023, Zopa acquired DivideBuy, aiming to integrate its point-of-sale finance technology with Zopa's banking infrastructure. This acquisition is part of Zopa's BNPL 2.0 strategy to offer more affordable installment lending options. The move is designed to enhance customer experience and support responsible lending practices. Zopa expects this integration to drive growth in the Buy Now Pay Later market.

Company Information

Company

Zopa

Location

London, England, United Kingdom

About

Zopa was founded in 2005 by Giles Andrews, James Alexander, Richard Duvall, David Nicholson and Tim Parlett.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed