Lending technology company DivideBuy has appointed Teresa Byrne as its new Chief Commercial Officer.
In Brief:
DivideBuy, which offers digital point of sale lending solutions for merchants, has appointed Teresa Byrne as CCO.
Byrne has 20 years’ experience, having previously been International Commercial Director at Barclaycard and a Director at GE Capital.
The business also recently agreed a £300mn funding arrangement with Davidson Kempner Capital.
What does this mean?
With its new funding agreement in place DivideBuy will continue to bridge the gap between merchants and lenders through digital tools which enable point of sale finance – these two sides of the coin mean that Byrne’s experience will be vital. She’ll be responsible for setting an “ambitious strategic direction” for the business and concentrating on strengthening commercial teams to identify new market opportunities.
