Mastercard and American Express backed the online consumer finance provider in a series A round co-led by Dawn Capital and DN Capital.
US-based consumer finance platform developer Divido has secured $15m in a series A round featuring payment services firms Mastercard and American Express, the latter through its American Express Ventures unit.
Venture capital firms Dawn Capital and DN Capital co-led the round, which included contributions from undisclosed existing investors. Mangrove Capital Partners had led a $3.3m seed round for the company in September 2016 that included DN Capital.
Divido has created a software platform that allows any business to offer instant…
