UK FinTech DivideBuy has been named top on Deloitte’s 2020 UK Technology Fast 50 list.
In Brief:
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The list outlines the fastest-growing technology companies in the UK.
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DivideBuy is an interest-free credit provider for SMEs.
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It reported an average growth rate of 20,733% in 2019-20.
What does this mean?
DivideBuy currently has 50 staff and works with more than 500 SMEs. It was founded in 2015 and by 2019 came third in the Deloitte Fast 50.
The business says it has grown not just because of a talented team, but because it solves many common pain points for retail businesses when it comes to gaining finance.
