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Divido appoints Todd Latham as CEO

iStock 1315600064 - Global Banking | Finance

unnamed1 - Global Banking | FinanceLondon – 8:00AM 13th January 2022: Divido, the leading whitelabel platform for retail finance and one of Europe’s top 100 fastest growing companies, has today announced the appointment of Todd Latham as Chief Executive Officer.

Todd joins at an exciting time for the company, less than a year on from its landmark $30 million Series B funding round led by ING and HSBC.

Prior to joining Divido, Todd spent more than eight years at Currencycloud, most recently serving as Chief Growth Officer. In this time, he helped spearhead the company’s rapid expansion from 20 to nearly 500 people and become one the UK’s most successful fintechs.  Before that, he held senior positions at American Express and Microsoft.

Todd commented: “It is a privilege to be joining Divido at such an exciting point in their journey. The recent Series B funding, robust technology platform and quality client list is a testament to the foundations already built by the talented team.

“The way people pay for goods and services is undergoing an extraordinary transformation, as consumers seek more value and control, while retailers seek to make it easier to buy. Divido’s technology is uniquely positioned to help retailers and banks adapt to these new trends in what will be a global multi-trillion dollar market.”

Neha Mittal, who has served as Interim CEO since July 2021, will continue as Chief Operating Officer.

Divido Chairman Renier Lemmens said: “We are thrilled to have a person of Todd’s calibre join the team. His deep payments expertise coupled with a strong focus on customers and employees make him ideal to lead the next phase of Divido’s growth story.

“I would also like to pay tribute to Neha Mittal and the work she has done as Interim CEO, which provides the perfect platform upon which to build.”

Todd will join Divido on the 11th of April.

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