Tagged: cars

Update: JustPark Surpasses £6.9 Million During the Final Days on Crowdcube

Just days before it is set to close its latest equity crowdfunding campaign on Crowdcube, UK-based parking innovator JustPark has raised more than £6.9 million through the funding round from nearly 5300 investors. The initiative was launched earlier this month and quickly surpassed its initial… Read More

JustPark Returns to Crowdcube & Quickly Secures More Than £5.8 Million in Funding

Less than two years after securing more than £2.6 million in funding through its previously Crowdcube campaign, UK-based parking innovator JustPark has returned to the equity crowdfunding platform and has already raised more than £5.8 million from nearly 3000 investors.  As previously reported, JustPark was… Read More

Overfunding: Riversimple’s Latest Seedrs Round Surpasses £750,000 Funding Target

Riversimple, a Wales-based hydrogen-electric car company, has successfully secured its initial £750,000 funding target through its latest equity crowdfunding campaign on Seedrs. The funding round has attracted more than 550 investors and is offering 1.26% in equity with a £58,933,056 pre-money valuation. As previously reported, the… Read More

Update: Riversimple Extends Latest Seedrs Round; Now Approaching £750,000 Funding Target

  Riversimple, a Wales-based hydrogen-electric car company, has extended its latest equity crowdfunding campaign on Seedrs for another 10 days as it nears its £750,000 funding target. As previously reported, Riversimple has designed a new car called the Rasa, which emits nothing but a tiny amount… Read More

Hydrogen Electric Car Brand Riversimple Makes Seedrs Return to Raise £750,000 in Funding

Less than a year after raising £1.1 million on Seedrs, Riversimple, a Wales-based hydrogen-electric car company, has returned to the equity crowdfunding platform to raise £750,000. As previously reported, Riversimple has designed a new car called the Rasa, which emits nothing but a tiny amount of… Read More

Overfunding: MyCarNeedsA Secures £900,000 Funding Target on Seedrs

MyCarNeedsA.com, a comparison website that drivers use for all their car aftercare needs including car repair and maintenance, has successfully secured its initial £900,000 funding target through its equity crowdfunding round on Seedrs. The campaign, which was launched November, has attracted more than 200 investors. As previously reported, MyCarNeedsA… Read More

MyCarNeedsA Now Seeking £900,000 Through Equity Crowdfunding Round on Seedrs

MyCarNeedsA.com, a comparison website that drivers use for all their car aftercare needs including car repair and maintenance, is now seeking a minimum of £900,000 through its equity crowdfunding campaign on Seedrs. Founded in 2014, MyCarNeedsA helps to save time, money, and hassle through its online process: A… Read More

Deutsche Bank Partners With Allianz & Auto1 to Launch Car Financing Platform “Auto1 FinTech”

Deutsche Bank announced on Tuesday it has teamed up with Allianz and Auto1 to launch a new fintech called “Auto1 FinTech,” which will offer financing and insurance products to automobile dealerships buying and selling used vehicles via Auto1. The three partners closed the deal last Friday…. Read More

Overfunding: Online Automotive Marketplace Glovebox Direct Secures £300,000 Funding Target on Crowdcube

Less than two weeks after launching its latest equity crowdfunding campaign on Crowdcube, online automotive marketplace Glovebox Direct has secured its initial £300,000 funding target from just a little more than 100 investors. The funding round comes just six months after the company raised a total of… Read More

Midrive to Close Crowdcube Round With Nearly £2.4 Million in Funding

UK-based insurance company Midrive is set to close its equity crowdfunding campaign on Crowdcube with nearly £2.4 million in funding from more than 760 investors. Founded in 2013, Midrive has more than 300,000 members throughout the UK and reported its instructor network has grown to be one of… Read More

UK Insurtech Midrive Surpasses £2.1 Million During the Final Days on Crowdcube

With its equity crowdfunding campaign on Crowdcube set to close this upcoming weekend, UK-based insurtech Midrive has surpassed £2.1 million thanks to nearly 700 investors. As previously reported, Midrive was founded in 2013 and reported it has over 300,000 throughout the UK and reported its instructor… Read More

Update: Insurtech Midrive Hits £2 Million Through Crowdcube Campaign

Less than two weeks until its equity crowdfunding round comes to an end on Crowdcube, UK-based insurtech Midrive has successfully secured more than £2 million from over 575 investors. The company quickly secured its initial £1.8 million funding target. Founded in 2013, Midrive is an insurance company… Read More

Update: Insurtech Midrive Nears £2 Million Through Crowdcube Funding Round

Midrive, a UK-based insurtech that’s on a mission to reinventing driving and insurance for the digital generation, is now nearing £2 million through its equity crowdfunding campaign on Crowdcube. The campaign was launched last month and successfully secured £1.8 million. So far, the funding round has… Read More

UK Insurtech Midrive Raises More Than £1.9 Million Through Crowdcube Campaign

Midrive, a UK-based insurtech that’s on a mission to reinventing driving and insurance for the digital generation, has successfully secured more than £1.9 million from nearly 450 investors through its equity crowdfunding campaign on Crowdcube. The funding round was launched last month, seeking £1.8 million. Founded in 2013,… Read More

Overfunding: onewomanowner’s Crowdcube Campaign Secures 300,000 Funding Target

onewomanowner, a new used car sales website, has successfully secured its initial 300,000 funding target through equity crowdfunding platform Crowdcube. The funding round was launched earlier this month and is nearing 325,000 thanks to more than 100 investors. As previously reported, onewomanowner stated it is aiming to… Read More

Oodle Car Finance Secures $100 Million Warehouse Facility From Citi

Oodle Car Financing, a UK-based car fintech startup, has secured a 100 million facility from Citigroup. Founded in 2016, the company states its goal is match customers with the right loans, cars, and dealers. “In this fast-paced world owning a car should be affordable for… Read More

Used Car Sales Platform onewomanowner Quickly Nears £300,000 Funding Target Just Days After Crowdcube Debut

onewomanowner, a new used car sales website, is now seeking £300,000 through its equity crowdfunding campaign on Crowdcube. onewomanowner stated it is aiming to become the number one online portal for used cars that have previously had women drivers. “There is a reason why people… Read More

TD Auto Finance Teams Up with AutoGravity to Provide Enhanced Digital Car Buying and Financing Option

TD Auto Finance (TDAF), a subsidiary of TD Bank, announced on Tuesday it has formed a partnership with AutoGravity, a fintech provider modernizing the way consumers buy and finance automobiles.  According to TDAF, through this partnership, indirect financing offers through TDAF will be made available to qualified… Read More

Finnish Trade-In Car Dealership Master Car Launches Invesdor Campaign

Master Car, a Finland-based trade-in car dealership that specializes in imports and additional services, has launched an equity crowdfunding campaign on Invesdor seeking a minimum of €500,000 (max €1 million). Founded in 2014, the company describes itself as a marque-independent used car dealership.  “Our professional import makes us stand… Read More

AutoGravity Milestone: Exceeds $2 Billion in Finance Amount Request in 2017

AutoGravity, a California-based Fintech on a mission to transform car shopping and financing, announced last week it surpassed $2 billion in finance amount requested in 2017. The company, which launched its platform in 2016, reported that it rapidly expanded from 100,000 users in its first… Read More

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