Car financing fintech Carmoola raise $125 million in a mix of debt and equity

Car financing fintech Carmoola raise $125 million in a mix of debt and equity

Car financing fintech Carmoola has raised $10.3 million in a Series A round led by QED Investors and a further $115 million in debt. The London-based startup, founded in 2022, employs a buy now, pay later approach to car financing by offering loans for used car purchases in the UK. Users can type in the registration number of the vehicle they want to buy and be assessed for credit purposes …