Carmoola
Edit

Carmoola

https://www.carmoola.co.uk/
Last activity: 23.02.2024
Categories: LoanProductShopTimeVirtualAdTechB2CCarFinTechIT
No more wasted time hunting down the perfect car, only to find you can’t afford it, Carmoola gives users an immediate pre-approved budget and virtual card for instant purchasing. All in three easy steps. Giving people the freedom to go shopping, knowing what you can spend, without sending off reams of forms and pay slips, puts the consumer in control of their car purchase. Carmoola offers additional consumer benefits; better value finance that cuts out the middleman, and flexible in-app financing, so you canincrease your payments, make overpayments, or completely pay off your loan without incurring any penalties or charges. Founder Aidan Rushby (CEO) has extensive experience in fast-moving, scale-up businesses, having founded Movebubble. Co-founded by Amy McKechnie (Director of Product and Marketing), Rushby is also joined by Ukrainian co-founders, Roman Sumnikov, Chief Technology Officer and Igor Gordiichuk, ChiefInformation Officer. Carmoola will be the only company to offer green incentives such as lower APRs on electric vehicles to encourage the uptake of clean-air cars, carbon footprint calculators, and to pass on savings from ESG debt funding to consumers - launching this Spring. The consumer app was launched for the first time in March2022. Available on iOS and Android.
Mentions
16
Total raised: $144.62M

Investors 2

Funding Rounds 2

DateSeriesAmountInvestors
16.01.2024-$19.58M-
25.02.2023Series A$125.05M-

Mentions in press and media 16

DateTitleDescriptionSource
23.02.2024Two years since Russia’s invasion, Ukraine’s startups soldie...This weekend marks exactly two years since Russia’s illegal, unprovoked and brutal invasion of Ukrai...techcrunch...
16.01.2024Carmoola Raises £15.5M in Equity FundingCarmoola, a London, UK-based fintech company which specializes in direct-to-consumer car finance, ra...finsmes.co...
25.02.2023UK Fintech Carmoola Raises £103.5M to “Transform” How Consum...UK car finance fintech Carmoola has raised a £8.5 million Series A round and £95 million debt facili...crowdfundi...
22.02.2023UK car finance fintech Carmoola secures £95m debt facility f...UK-based car finance fintech Carmoola has secured a £95 million debt facility provided by NatWest al...fintechfut...
22.02.2023Car finance fintech Carmoola closes £8.5m Series AUK car finance fintech Carmoola has raised £8.5 million in a Series A funding round and secured anot...finextra.c...
22.02.2023Carmoola Raises £103.5M in Series A and Debt FundingCarmoola, a London, UK-based car finance fintech company, raised £103.5M in Series A and Debt fundin...finsmes.co...
22.02.2023Fintech Carmoola picks up £8.5m in Series AMotor finance company Carmoola has picked up £8.5m in Series A funding in addition to a £95m debt fa...uktech.new...
22.02.2023Backed by Jaguar Land Rover, UK/Ukrainian co-founded Carmool...London-based “neo car finance” startup Carmoola has raised £8.5 million in a Series A equity funding...tech.eu/20...
22.02.2023British-Ukrainian fintech Carmoola raises $125M in Series A ...British-Ukrainian fintech Carmoola raises $125M in Series A round 22 February, 2023, 14:13 Lisa Pa...ain.capita...
22.02.2023Car financing fintech Carmoola just raised $125 million in a...Carmoola's cofounders Igor Gordiichuk, Amy McKechnie, Aidan Rushby, Danny Armstrong (finance directo...businessin...
Show more

Reviews 0

Sign up to leave a review

Sign up Log In