Car finance FinTech Carmoola secures £300m
Summary
Carmoola secured a £300m private asset-backed securities facility with NatWest and Chenavari Investment Managers. The deal triples its existing debt facility and supports rapid scaling of its direct-to-consumer car finance offering. Carmoola says the new structure will increase lending capacity and reduce financing costs. The company also says the funding will help it serve more UK consumers and continue improving its finance-first experience.
Funding
Amount
$381.0M
Total raised
Date
June 24, 2025
Announcement date
Investors
Chenavari Investment Managers, National Westminster Bank
Lead investors
Company
carmoola.com
Funded company
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