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The Carmoola Story

Despite the Fintech revolution, the car finance sector remains completely archaic. This £500B market is one of the largest consumer markets in Europe, but customer satisfaction is very low across the industry.

Carmoola delivers a game changing experience where consumers can get:

A budget in 60 seconds and finance a used car in minutes utilising open banking, credit and vehicle data

Pay for the car online with a virtual card, or at any dealership with Apple/Google Pay

Save money with better value finance and get a discount for going green

Get flexibility to manage your plan in-app

Carmoola is backed by some great Fintech investors including: QED Investors, VentureFriends, Clocktower Ventures, InMotion Ventures (part of Jaguar Land Rover), AlleyCorp, u.ventures, Natwest and BCI.

News

Carmoola Raises £103.5 Million to Transform How You Pay For a Car

LONDON, Feb. 22, 2023 – UK car finance fintech Carmoola [www.carmoola.co.uk] has raised a £8.5 million Series A round and £95 million debt facility...

Carmoola raises £15.5 million to help more people find and finance their dream cars

News

Carmoola Raises £15.5 Million to Help Even More People Find and Finance Their Dream Cars

LONDON, JANUARY 2024 - Carmoola, the UK-based fintech specialising in direct-to-consumer car finance, has announced a £15.5 million equity investment.

News

The Unfiltered Story of Our Road to £103 Million

This is the story of Carmoola's challenging journey to raise Series A funding in some of the toughest market conditions in recent years. After...

News

Carmoola Secures £27m to Launch Game Changing Car Finance

LONDON, April 8th 2022 - UK car finance fintech, Carmoola [www.carmoola.co.uk], has raised £27M in investment from Jaguar Land Rover’s investment...

News

Can You Build a £1BN Car Finance Business with Less Than 100 People?

I have been thinking about this question a lot over the last year. When coming up with the idea for Carmoola, automation was high on the priority...

How Carmoola Was Born: A Note from our Founder and CEO

News

How Carmoola Was Born: A Note from our CEO

Let me set the scene - I'm taking you back to the summer of 2020... ☀️

Carmoola’s latest news coverage

2024

2023

2022

Carmoola: Car Finance Fintech Raises $19.7 Million Series a Extension

UK Fintech Carmoola wants to disrupt the market for car financing by offering quick loans to consumers using an app. Carmoola specializes in direct-to-consumer car finance.

With failure came great success, says Carmoola founder and CEO

Co-founder and chief executive Carmoola, Aidan Rushby, believes the seeds of his now successful business were laid in the failure of his first. Carmoola has helped consumers finance nearly £50m worth of cars so far, with hopes to expand the “moola” brand even further in the future.

Carmoola Raises £15.5M in Equity Funding

Carmoola, a London, UK-based fintech company, raised 15.5M in Equity funding, which brought the total amount to £146M, was led by QED Investors, VentureFriends, InMotion Ventures, AlleyCorp, and u.ventures.

Carmoola Raises £15.5 Million to Help More People Finance Their Dream Cars

Following an £8.5 million Series A round and a £95 million debt facility, this raise shows Carmoola’s performance and the strength in simplifying car finance for UK consumers.

Used car finance scaleup Carmoola to motor with £15.5m raise

£15.5 million equity investment to accelerate journey to profitability for London FinTech behind direct-to-consumer app which simplifies process of securing car finance.

Car finance platform Carmoola secures £15.5m investment from backers including Jaguar Land Rover

UK-based Carmoola, which launched its app in March 2022, has received a further £15.5million from investors, bringing its total funding to £146million.

Carmoola, the UK-based fintech specialising in direct-to-consumer car finance, has announced a £15.5 million equity investment.

This significant raise follows an £8.5 million Series A round and a £95 million debt facility reflecting Carmoola’s performance to date.

Car finance fintech Carmoola accelerates growth with £15.5m raise

Remitly and NuBank-backer QED Investors took part in the round alongside VentureFriends, InMotion Ventures (the investment arm of Jaguar Land Rover), AlleyCorp and Kyiv-based u.ventures.

How this Ukrainian-led fintech from the UK is reshaping car finance landscape

Carmoola transforms the buying experience by offering more control to the buyer, offering a transparent, accessible, and user-friendly alternative to traditional car financing.

Carmoola secures a further £15.5M investment to change the future of car financing

Carmoola will use the funding to make further inroads into the UK’s £100 billion used car finance market, which is forecast to grow to £190 billion by 2027.

UK car finance fintech Carmoola lands £15.5m in equity funding

London-based fintech Carmoola, which provides consumers with car finance solutions, secures fresh investment, taking its total debt and equity funding to date to £146 million.

London based car finance specialist ‘accelerates’ growth via £15.5m investment

Carmoola already boasts an average Trustpilot rating of 4.9 out of 5, from over 1,100 verified customer reviews. This latest investment takes Carmoola’s total funding to date to £146m.

Carmoola Raises £15.5mn in equity funding

Founded in 2021 by Aidan Rushby, Amy McKechnie, and Ukrainian co-founders, Roman Sumnikov and Igor Gordiichuk — Carmoola launched its app in March 2022, aiming to transform the car finance market.

Car finance fintech Carmoola raises $15.5 million

Carmoola, a UK fintech taking on traditional lenders in the £100 billion direct-to-consumer car finance market, has secured a £15.5 million equity investment.

Carmoola secures £15.5m investment from backers including Jaguar Land Rover, InMotion Ventures, QED Investors

Carmoola saw the opportunity to do better and rebalance the situation in favour of the consumer, and its financial backers share this vision.

Carmoola raises further £15.5m in venture capital

Carmoola, the online car finance start-up created by a team of British and Ukrainian former Movebubble and Zoopla executives, has secured a further £15.5 million in venture capital funding.

London-based Carmoola raised £15.5m from investors

Carmoola, a fintech company specialising in direct-to-consumer car finance, secures £15.5m from investors, including QED Investors, VentureFriends, InMotion Ventures, AlleyCorp and u.ventures.

UK FinTech Carmoola raises £15.5m to transform car financing

Carmoola, a UK-based car finance FinTech, has successfully closed a £15.5m equity round to aid the transformation of car financing. This significant financial milestone follows closely on the heels of their £8.5m Series A round and a substantial £95m debt facility from NatWest last February.

British-Ukrainian car finance startup Carmoola raises £103.5 million

The business raised £8.5 million in series A funding led by fintech investment fund QED Investors, plus a debt facility of up to £95 million from NatWest...

Car financing fintech Carmoola just raised $125 million in a mix of debt and equity.

British-Ukrainian car financing startup Carmoola had a successful series A funding round and a new debt facility, which it will use to grow its team...

Inside VC Mark Kvamme’s second big bet—on Ohio

Kvamme is co-founder and partner at Drive Capital - a $1.2 billion venture capital firm based in Columbus, OH. Drive invests in technology companies with an emphasis on markets outside of Silicon Valley...

Carmoola raised £103.5 million in series A funding and debt facility

Carmoola, British-Ukrainian car financing startup, was founded by Aidan Rushby, Amy McKechnie, Roman Sumnikov, and Igor Gordiichuk. It provides a budget for car buyers via a virtual card...

Car finance in 60 seconds: UK fintech grabs £103.5M to reinvent auto financing

Revolutionising the game is London-based online car financing platform Carmoola, which has now raised a £8.5M Series A round and £95M debt facility

Carmoola Raises £103.5M in Series A and Debt Funding

Carmoola leverages proprietary technology and systems to enable a streamlined process that provides buyers with a budget, generate a free history check on the car, and allow payment to be made...

Backed by Jaguar Land Rover, UK/Ukrainian co-founded Carmoola drives home £103.5 million

The £8.5 million portion of the round was led by QED Investors, with VentureFriends and InMotion Ventures, the investment arm of Jaguar Land Rover, while Natwest fronted the £95 million debt funding.

UK car finance fintech Carmoola secures £95m debt facility from NatWest

The Series A included participation from VentureFriends and InMotion Ventures, the investment arm of Jaguar Land Rover. Launched 10 months ago, Carmoola aims to provide a “neo car finance” product that reduces the time needed to buy a car from days to “just minutes.”

Fintech Carmoola picks up £8.5m in Series A

Carmoola has picked up £8.5m in Series A funding in addition to a £95m debt facility. The London fintech attracted capital from lead investor QED Investors, along with VentureFriends and Jaguar Land Rover’s investment division InMotion Ventures. Its debt financing came from Natwest and BCI.

Car Finance Fintech Carmoola Raises £103.5 Million to Transform How You Pay for a Car

The round was led by US-based fintech specialists QED Investors, with VentureFriends and InMotion Ventures. It also includes a debt facility by Natwest, priming Carmoola for rapid growth in a lucrative market worth £120 billion in the UK alone.

Car finance startup Carmoola nets over £100m in debt and equity

With the capital, Carmoola plans to grow its team to help meet the market demand. Funds will also be used to scale the company and support its rapid customer adoption. The company’s mission is to revolutionise how people pay for cars. Carmoola launched ten months ago with a “neo car finance” product that removes complexity of car purchases.

£103.5m growth funding for car finance FinTech Carmoola

Carmoola is liberating an archaic, slow and backwards car finance market with a straightforward product which reduces the time taken to complete a car purchase from days to just minutes. With 7.5m used car purchases in the UK alone in 2022 – at an average price of £13,705 – Carmoola is serving a £120 billion market for pre-approved car finance.

Carmool Drives Off with More Funding

Carmoola just closed an £8.5m Series A funding round, led by QED Investors and InMotion Ventures, the investment arm of Jaguar Land Rover. This is combined with a £95m debt facility provided by Natwest and BCI.

British-Ukrainian fintech Carmoola raises ＄125M in Series A round

London-based car lending startup has raised $125 million. Carmoola simplifies the process of car checking, finance obtaining, and payment, which can be done online or with a virtual card.

British-Ukrainian car finance startup Carmula raises £103.5 million

Carmoola provides car finance that makes buying a car fast and easy via virtual cards that can be used both online and in showrooms. QED Investors partner Yusuf Ozdalga said there was a clear opportunity for disruption in the car finance industry.

Carmoola: Car finance fintech raises $125 million in debt and equity

The London-based startup offers credit for used car purchases and incentivizes EVs. Carmoola offers a discounted APR for purchases of electric vehicles in a bid to incentivize customers to make greener choices.

Carmoola raises £103.5m to develop car finance platform

Carmoola is liberating the archaic, slow, and backward car finance market with a new, straightforward “neo car finance” product. Carmoola will also launch green discounts for electric vehicle purchases, incentivising consumers to utilise more sustainable choices.

Car finance fintech Carmoola closes £8.5m Series A

UK car finance fintech Carmoola offers a streamlined process for car buyers, allowing payments to be made both instantly online and at the showroom within just 60 seconds using a Carmoola virtual card.

Carmoola raises $124M in debt and equity to modernize used car financing

The company is backed by Jaguar Land Rover, among other investors. QED Investors led the equity portion of the Series A funding round, while Natwest provided around $100M in debt financing.

Car finance fintech Carmoola full speed ahead with £95m NatWest debt facility

The British-Ukranian startup raised £8.5m Series A alongside a £95m debt facility from NatWest to “revolutionise” the way people pay for cars in the UK.

Global VC deals for February 23, 2023

Car financing platform Carmoola has raised £103.5 million in debt and equity. QED Investors led the equity round, and Natwest provided the debt facility. Carmoola is changing the way buyers pay for their cars. Car finance couldn’t be more ready for a fintech revolution.

Carmoola raises £8.5m in Series A funding

The Series A also included participation from existing investors VentureFriends and InMotion Ventures, the investment arm of Jaguar Land Rover.

Deal Roundup: Carmoola drives through $125m series A round

Jaguar Land Rover's InMotion Ventures was part of a $125m equity and debt round for Carmoola, with Natwest providing a new debt facility.

Carmoola Raises $124,860,000 in Series A Funding

Carmoola, a game-changing way for car buyers to pay for their cars, secured huge funding from VentureFriends, InMotion Ventures, and Natwest in the Series A round.

Car Finance Fintech Carmoola Closes £8.5 Million Series A

Carmoola secured another 95 million pounds in the Series A funding round conducted by QED investors, VentureFriends, and InMotion Ventures. NatWest also provided a credit line.

Carmoola raises $8.5m for auto financing platform

London-based auto financing company Carmoola has raised £8.5 million in a Series A funding round, alongside a £95 million debt facility to scale its business and invest in staff.

UK Fintech Carmoola Raises £103.5M to "Transform" How Consumers Pay for a Car

Backed by Jaguar Land Rover's InMotion Ventures, British-Ukranian co-founded car finance fintech company, Carmoola drives home over a million pounds in Series A funding round.

British-Ukrainian car financing startup Carmoola has raised £103.5million

Between a series A funding round and a new debt facility, Carmoola raised £103.5M. The round was led by QED Investors, with participation from existing investors VentureFriends and InMotion Ventures.

Car finance fintech Carmoola raises £103.5m

UK car finance fintech Carmoola has raised a £8.5m Series A round and £95m debt facility towards its car funding business proposal launched ten months ago. It also includes a debt facility provided by NatWest, placing Carmoola in a market worth £120bn in the UK alone.

Carmoola raises £95m NatWest debt facility

The British-Ukranian startup launched just 10 months ago and has raised £8.5m Series A alongside a £95m debt facility from NatWest. Carmoola plans to use the funds to scale the businesses and support growing demand by expanding its team

Carmoola drives home £103.5 million

British-Ukranian car finance startup, Carmoola, raised £103.5M in a Series A round led by fintech investment fund QED Investors. Carmoola also secured a debt facility of up to £95M from NatWest.

UK-based car finance company, Carmoola, secured £103.5 million in Series A funding round.

QED Investors led the round, with VentureFriends and InMotion Ventures also participating, and NatWest providing a £95M debt facility to Carmoola.

NatWest to lend up to £95mln to British-Ukrainian car financer Carmoola

Carmoola, a Ukraine-focused car financing start-up, has raised £103.5mln from its first round of venture capital financing and a debt facility from NatWest Group PLC as it aims to streamline the process of financing a car through a modernised app and website..

10 Days And Carmoola Launch Sexy Topless (Car) Calendar

Car finance brand Carmoola has designed the world’s first topless model calendar - for cars. The calendar features Bentleys, Minis, and Beamers all posing in classic topless calendar scenarios, from steamy car washes to jungle waterfalls, nudist beaches to sexy film moments.

TotallyMoney integrates Carmoola via API in just three days

TotallyMoney, the credit app which helps everyone move their finances forward, announces its partnership with fintech car financing app, Carmoola to ensure people are put in the driver’s seat and presented with a full range of fair and affordable financing options available.

Carmoola raises £103.5m funding to help drive growth plans

UK motor finance fintech Carmoola is poised to drive "ambitious growth aspirations" after raising an £8.5 million Series A round and £95 million debt facility. The company said the funding will be immediately deployed to continue to scale the business and help support customer adoption.

Top European funding rounds in February: Carmoola secures €117.5 million

London-based Carmoola secured a round of €117.5 million for its car fintech services. It makes it possible to take control of your car finance through the Carmoola app, which was founded in 2021.

Carmoola Reveals the Bad Driving Habits that Give Us the Ick

UK drivers have admitted to speeding, bad parking and not indicating as the top three most annoying driving habits. Women were the top culprits for lousy parking, with 39% admitting to this habit whilst 43% of men thought they could rival Lewis Hamilton in their vehicle as speeding was their worst habit.

Stephenson Harwood advises Carmoola on debt financing

Law firm Stephenson Harwood has advised Carmoola on its £95 million debt financing.The transaction comprises £50 million of senior debt from NatWest, with a further £25 million by way of accordion, and £10 million of mezzanine debt from BCI Capital, with a further £10 million by way of accordion.

Fieldfisher advises Carmoola on £103.5 million Series A round

The funding for the UK car finance fintech positions Carmoola to take advantage of surging demand for fuss-free ways of paying for cars. European law firm Fieldfisher has advised UK car finance fintech Carmoola on a Series A funding round raising £8.5 million. The funding round was complemented by a £95 million debt facility.

Carmoola CEO’s top luxury EVs for 2023

Aidan Rushby, CEO of Carmoola, says the DeLorean Alpha 5, Audi A6 e-Tron, Tesla Cybertruck and the Hyundai ioniQ6 are his top picks of the latest EVs likely to curry favour with motorists looking to finance their new purchase.

Carmoola Named One of the Top Car Blogs for Passionate Drivers

Carmoola is the right place to find car finance info. You will find some fun articles and playlists, which you can listen to while driving, and if you are interested in celebrities and their cars, you will be fully granted. The blog focuses on entertaining all car enthusiasts.

This Is What The Color Of Your Car Says About You

There's a correlation between the color of a car and the owner’s personality. Here's what the color of your vehicle says about your personality, according to a study by Carmoola in partnership with top color psychologist Karen Haller.

The Real Story Behind James Bond's Sunbeam Alpine

Before Daniel Craig played James Bond, and Aston Martin became a fixture in the franchise, there was the legendary Sean Connery and a rented two-seater sports car, the Sunbeam Alpine.

Hacks for making being the designated driver not suck this Christmas

We're heading towards Christmas party season and to help designated drivers this Xmas party season, Carmoola has created a four-step guide to becoming a Designated Driver Legend. Here's the top tips...

The most dangerous Christmas hits to listen to on the road - including Mariah Carey

Those who listen to music at a faster pace while driving are more likely to drive erratically. With that in mind, experts at Carmoola compiled a list of the top 10 safest and most dangerous Christmas songs drivers can listen to...

Chelsea Star Christian Pulisic's Fierce Car Collection Is Quite Impressive

Apart from movie stars, it is footballers around the world that have an affinity for insane car collections. Chelsea's star and the 2022 FIFA World Cup captain for the US team Christian Pulisic's car collection is different from what you would expect to see from a famous footballer.

A Peek Inside Ballon d'Or Winner Karim Benzema’s Insane Car Collection

Given Karim's affluent lifestyle and passion for cars, he may decide to add a new vehicle to his already incredible collection. Not surprisingly, the world's best footballer owns some of the world's most luxurious cars...

Bumper: Jaguar Land Rover-backed automotive BNPL raises £26M Series A

Bumper has raised £26.1 million in funding, highlighted by the backing of Jaguar Land Rover’s investment arm – InMotion Ventures, which backed Circulor and Carmoola.

InMotion has appointed Mike Smeed as Managing Director

InMotion has already invested in start-ups across key Open Innovation areas, providing resources to founders to help them scale, it backs start-ups across all stages, like Carmoola, the mobile-first solution for vehicle finance.

Diesel hybrids could be a great choice for those not convinced by EVs

The electric car revolution is taking Europe by storm. The sales of EVs are increasing year on year with Brits now registering over one million electric cars. However, some people are still not convinced...

InMotion Ventures hires managing director to invest in future of mobility

InMotion Ventures, the investment arm of automobile firm Jaguar Land Rover, has hired a new managing director. Previous backings in the UK technology space by InMotion Ventures include motoring fintech Carmoola, which had a £27m round in April...

InMotion, Jaguar Land Rover’s corporate venture capital arm, appoints Mike Smeed as Managing Director

The corporate venture capital arm of Jaguar Land Rover has appointed Mike Smeed as Managing Director, providing expertise and resources to founders to help them scale. Previous investments include Carmoola, the mobile first solution for vehicle finance.

InMotion appoints Mike Smeed as managing director

Smeed joins InMotion from his position as vice president at Shanghai-based Chery Jaguar Land Rover. InMotion has already invested in start-ups, including vehicle finance provider Carmoola. Smeed will oversee InMotion’s continued investment in mobility start-ups.

European country best suited for EVs has 90,000 chargers compared to the UK's 30,000

The European country named as the best suited for EVs by experts has around 242 charging points for every 100 square kilometres (62 miles) of land.

UK electric car drivers be warned...we are SIXTH in Europe when it comes to public charging points... behind the Netherlands in top spot with 90,284

The UK needs a boost when it comes to providing charging points for electric cars after it was found to be languishing in sixth place...

Best countries to visit for electric car owners this summer - 'perfect' for long journeys'

The Netherlands is leading the way in charging points for electric vehicles, making it the perfect destination for green motorists this summer. If owners of electric cars are filled with a level of trepidation that they may run out of battery power...

The five most fuel-efficient family cars you can buy right now including Ford and VW

With news of fuel prices topping £100 to fill an average family car this week, millions of Britons are facing pain at the pumps, looking to make savings where they can...

TAKE THE CREDIT I made a simple check on my car finance and it saved me £8,500 – here’s how I did it

AROUND 90% of all the new cars sold in Britain are bought using car finance. It's not surprising given most people don't have that much cash lying around...

Save thousands on your monthly car repayments by refinancing your existing deal

Most people do not know how car refinancing could net them a better deal on their repayments though it can end up more expensive in the long run...

Simple car refinancing trick can cut your monthly bills

Many people are unaware you can use refinancing your car to reduce monthly spending. 3.7 million motorists are currently feeling the pinch on existing car finance payments...

Man slashes his outgoings by £8,500 with a simple 'two step process'

As the increasing cost of living continues to rumble on, many Britons are trying to find ways to make extra cash to cover their monthly financial obligations. One route people...

With the 'two-step process', car owner gets to save £8,500

Refinancing a car simply means that a person takes out a new loan to pay off their existing car finance agreement. The idea is that...

The best fuel-efficient cars on the UK market in 2022 - Ford, Peugeot, Skoda and more

Drivers have been searching for ways to cut their fuel bills this year, with record petrol and diesel prices decimating budgets at a time when other household bills are already at their highest level.

Here's How I Saved £8,500 by doing this simple car finance check

Car financing experts Carmoola conducted a study of 1000 British drivers which found that 3.7 million (7%) motorists are currently feeling the pinch on existing car finance payments.

Expert reveals what the colour of your car says about YOU

Drivers of grey cars like to avoid the limelight, while those in red motors are confident, cheeky and live life in the fast lane, according to a study by new car finance firm Carmoola...

ALL ABOUT HUE – are you an owl, chilli or a heron?

CHOOSING the colour of your car is a difficult decision - but it turns out the hue of your motor may say a lot about you...

I’m a colour expert and here’s what your car’s paint says about you

The tint of your vehicle can reveal your true colours thanks to your subconscious preference, according to this expert...

Petrol heads on big screen - In search of screen cars driving our imagination

There have been some high octane petrol head vehicles that have graced both the big and small screen, but which one is the daddy of them all?

WHEELY IMPRESSIVE Inside Love Island stars’ incredible £900k car collection including Porsches and Range Rovers

THEY went on Love Island looking for love, others came away with the chance to earn a shed load of cash...

DRIVING A BARGAIN The seven things you HAVE to remember when buying a car to save money – and avoid being ripped off

LIFE is expensive right now and it's only getting worse. One of the biggest factors is motoring. So it's more important than ever that...

April hottest seed investments

The biggest round of the month was for Carmoola, a British car financing platform, which raised a £27m seed round. The company gives users a virtual card to purchase a vehicle online...

Carmoola Fuels Up with £27 Million to Turbocharge an Empowering New Spin on Car Financing

The seed round also included a host of high profile angels that have backed companies such as...

Cushty! Del Boy's yellow three wheeler beats the Batmobile and Knight Rider's Kitt to be named TV's most iconic car

Del Boy and Rodney's iconic yellow three-wheeled Reliant Robin takes poll position...

Carmoola Gears Up with £27 Million for an Innovative Way of Car Financing

Turning car finance on its head putting consumers in the driving seat, Carmoola, a newly launched motoring fintech has raised £27M in investment from...

Carmoola puts car buyers in the driving seat

London-based Carmoola, a motoring fintech start-up which helps car buyers calculate their budget in 60 seconds...

WHEELY NICE Greatest on-screen motors of all time revealed – from Del Boy’s van to Bond’s Aston Martin

One of the yellow three-wheelers in the much-loved TV series sold for £38,000 at an auction...

How much it would cost you to buy some of the most iconic cars of film and TV

The survey, conducted by Carmoola, put James Bond’s silver Aston DB5 from Goldfinger into fourth place, no doubt...

Cushty! Only Fools and Horses Reliant Robin voted most iconic screen car ever

Aidan Rushby, CEO of Carmoola told express.co.uk exclusively: “Minder is one the TV greats. So many fans of the show dreamt...

Jaguar Land Rover backs Carmoola, car buying start-up founded by ex-Zoopla exec

Carmoola, a new online motor financing platform trying to slash car financing paperwork, has been backed by Jaguar Land Rover.

Where's Jaguar Land Rover investing? Carmoola

The London-based startup breaks the rigidity of traditional contracts, allowing motorists the flexibility to adjust terms and payments

Jaguar Land Rover backs Carmoola, car buying start-up founded by ex-Zoopla exec

Carmoola, a new online motor financing platform trying to slash car financing paperwork, has been backed by Jaguar Land Rover.The company has raised £27 million...

London based motoring fintech races ahead with £27m Jaguar Land Rover investment

Carmoola , a newly launched motoring fintech has raised £27m in investment from Jaguar Land Rover’s investment fund, InMotion Ventures, VentureFriends, BCI and California based Clocktower Ventures.

Carmoola secures £27m investment from InMotion Ventures, VentureFriends and Clocktower Ventures

The seed round also included a host of high profile angels that have backed companies such as Revolut, Marshmallow, Clearscore and Monzo, including the former MD of Google (UK and Ireland), Dan Cobley. Founded by British, Ukrainian and...

Carmoola Inks Financing

Turning car finance on its head and putting consumers in the driving seat, Carmoola, a newly launched motoring fintech has raised £27M in investment from Jaguar Land Rover's investment fund...

Jaguar Land Rover backs ex-Zoopla executive founded car financing startup Carmoola

Carmoola, a London-based online motor financing platform, announced that it has closed £27M (approx €32.3M) in a Seed round of funding from Jaguar Land Rover’s investment fund, InMotion Ventures, VentureFriends, BCI, and Clocktower Ventures. The investment round also...

UK fintech Carmoola lets you get car financing in less than 60 seconds, raises £27M

A newly launched motoring fintech, Carmoola, headquartered in London, has just raised £27 million in seed funding. The financing came from...

British-Ukrainian car finance start-up Carmoola attracts £27m funding

An online car finance start-up created by a team of British and Ukrainian former Movebubble and Zoopla executives has attracted £27 million in venture capital funding. Carmoola has raised the cash through...

Motor finance startup Carmoola fuels up with £27 million in funding

Founded by British, Ukrainian and former Movebubble and Zoopla executives, Carmoola empowers consumers with a budget and finance decision in sixty seconds...

Car financing startup Carmoola lands £27M

Carmoola, a London-based startup offering a car financing app and virtual card, has secured £27 million. Investors in the round included InMotion Ventures, Clocktower Ventures and VentureFriends...

Former Google MD backs car financing disrupter Carmoola

Car financing disrupter Carmoola has raised £27 million in seed funding from high-profile angels and VCs including the investment fund of Jaguar Land Rover. The newly launched FinTech, based in London, was founded by...

Carmoola raises £27m to drive ‘fintech revolution’ in motor finance

Motoring fintech Carmoola has raised £27m in a seed round, including capital from Jaguar Land Rover’s investment fund. London-based Carmoola will use the seed round investment to develop its product and launch the initial stages of the business...

What’s standing in the way of a better buying experience?

Consumers today are used to having things their own way. Whether it’s recommendations on Netflix and Spot...

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The Carmoola Story

March 2021 Carmoola was founded

February 2023 £103.5m Series A funding

January 2024 £15.5m investment raised

All the latest information about Carmoola

Carmoola’s latest news coverage

Carmoola: Car Finance Fintech Raises $19.7 Million Series a Extension

With failure came great success, says Carmoola founder and CEO

Carmoola Raises £15.5M in Equity Funding

Carmoola Raises £15.5 Million to Help More People Finance Their Dream Cars

Used car finance scaleup Carmoola to motor with £15.5m raise

Car finance platform Carmoola secures £15.5m investment from backers including Jaguar Land Rover

Carmoola, the UK-based fintech specialising in direct-to-consumer car finance, has announced a £15.5 million equity investment.

Car finance fintech Carmoola accelerates growth with £15.5m raise

How this Ukrainian-led fintech from the UK is reshaping car finance landscape

Carmoola secures a further £15.5M investment to change the future of car financing

UK car finance fintech Carmoola lands £15.5m in equity funding

London based car finance specialist ‘accelerates’ growth via £15.5m investment

Carmoola Raises £15.5mn in equity funding

Car finance fintech Carmoola raises $15.5 million

Carmoola secures £15.5m investment from backers including Jaguar Land Rover, InMotion Ventures, QED Investors

Carmoola raises further £15.5m in venture capital

London-based Carmoola raised £15.5m from investors

UK FinTech Carmoola raises £15.5m to transform car financing

British-Ukrainian car finance startup Carmoola raises £103.5 million

Car financing fintech Carmoola just raised $125 million in a mix of debt and equity.

Inside VC Mark Kvamme’s second big bet—on Ohio

Carmoola raised £103.5 million in series A funding and debt facility

Car finance in 60 seconds: UK fintech grabs £103.5M to reinvent auto financing

Carmoola Raises £103.5M in Series A and Debt Funding

Backed by Jaguar Land Rover, UK/Ukrainian co-founded Carmoola drives home £103.5 million

UK car finance fintech Carmoola secures £95m debt facility from NatWest

Fintech Carmoola picks up £8.5m in Series A

Car Finance Fintech Carmoola Raises £103.5 Million to Transform How You Pay for a Car

Car finance startup Carmoola nets over £100m in debt and equity

£103.5m growth funding for car finance FinTech Carmoola

Carmool Drives Off with More Funding

British-Ukrainian fintech Carmoola raises ＄125M in Series A round

British-Ukrainian car finance startup Carmula raises £103.5 million

Carmoola: Car finance fintech raises $125 million in debt and equity

Carmoola raises £103.5m to develop car finance platform

Car finance fintech Carmoola closes £8.5m Series A

Carmoola raises $124M in debt and equity to modernize used car financing

March 2021
Carmoola was founded

February 2023
£103.5m Series A funding

January 2024
£15.5m investment raised