Triumph Motorcycles partners with Divido to deliver point-of-purchase finance

Divido, the multinational white label platform for point-of-purchase lending, today announces that it has been selected by Triumph Motorcycles, to deliver point-of-purchase finance on after-sale products across the UK. Building around 60,000 bikes per year, Triumph Motorcycles is Britain’s largest motorcycle manufacturer and has over 750 dealers across the world.

Divido’s lending platform enables Triumph Motorcycles to provide consumers with the option to spread the cost of products and accessories through monthly instalments. The platform will be offered across all UK Triumph Motorcycle dealerships. When purchasing, customers simply get presented with the option to pay in monthly 0% instalments. The process is effortless and the decision made instantly.

“Providing a seamless customer journey is crucial to our business,” said Michael Niblett, UK After Sales Manager, at Triumph Motorcycles. “By leveraging Divido’s lending platform for point-of-purchase finance, we are able to give customers an innovative experience, along with the flexibility and power to decide how and when they’d like to pay. Not only does this help our dealers to grow their business, but it also increases value to the most important person, the customer.”

“We understand the importance of customer-centric relationships in dealerships, and that business such as Triumph Motorcycles have more important things to do than worry about the pain-points associated with point-of-purchase finance, so we’ve dealt with this for them,” said Christer Holloman, CEO and co-founder, Divido. “Divido’s lending platform will enable Triumph Motorcycles to accelerate sales, deliver high acceptance rates and low fees, all through a single integration.”

Divido’s lending platform is quick to integrate with, works in multiple markets and with multiple lenders. It is currently available in the UK, Germany, France, Spain, Italy, the Nordics and the United States.

Divido is on track to process its first $1 billion worth of credit applications in 2019, as it realises its vision to become the world’s largest platform for point-of-purchase finance.