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Bread partners with retailers to offer pay-over-time solutions that make financing easier and more transparent. Founded by Daniel Simon and Josh Abramowitz in 2014, Bread is backed by investors that include Bessemer Venture Partners, BoxGroup, Clocktower Technology Ventures, Maveron, and Menlo Ventures and is headquartered in New York.
Brazil’s Divibank raises millions to become the Clearbanc of LatAm Divibank, a financing platform offering LatAm businesses access to growth capital, has closed on a $3.6 million round of seed funding led by San Francisco-based Better Tomorrow Ventures (BTV). São Paulo-based Divibank was founded in March 2020, right as the COVID-pandemic was starting. The company has built a data-driven financing platform aimed at giving businesses access to non-dilutive capital to finance their growth via revenue-share financing. “We are changing the way entrepreneurs scale their online businesses by pr...