Divido CEO steps back after seven years at the helm
Divido founder and CEO, Christer Holloman, is set to leave the firm after seven years at the head of the company.
Christer Holloman is leaving Divido
His departure comes just months after the UK-based buy now, pay later (BNPL) firm raised $30 million from backers including HSBC and ING.
Founded in 2014, Divido claims to have more than 1,000 clients across ten markets. It allows partnered retailers to offer branded BNPL solutions to users at checkout.
“I have decided to take this opportunity to vacate my day-to-day role and make room for a new tribute to take over,” writes Holloman on LinkedIn, referencing the Hunger Games.
“I will remain involved in the business as a founder and advisor and I look forward to continuing to work with my brilliantly talented colleagues, as well as our clients and investors.”
Holloman says his move gives him more time to spend with banks he plans on including in a new book, as well as work with “charitable initiatives”.
