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Aston Martin partners with Lloyds Banking Group

Aston Martin has announced a new partnership with Lloyds Banking Group to serve as its retail finance provider for UK vehicle sales. The collaboration will operate under Aston Martin Financial Services, the registered trading name of Lloyds Banking Group’s motor finance division, Black Horse. Retail customers can now access Hire Purchase, Lease Purchase, and Personal Contract Purchase to finance the purchase of new Aston Martin vehicles.

Source: Pharmaceutical Technology

Carmoola to offer its car finance products on Zuto’s marketplace

Carmoola, a UK-based fintech specialising in car finance, has partnered with Zuto to expand the reach of its lending products to potential car buyers. This collaboration involves the integration of Carmoola’s finance solutions into Zuto’s marketplace and is set to benefit consumers by providing access to Carmoola’s rapid finance approval, instant tap-or-transfer payment methods.

Source: Pharmaceutical Technology

Ayan Capital targets £25m in Series A funding for Islamic car finance platform

Ayan Capital, an Islamic car finance platform tailored for private hire vehicle (PHV) drivers, seeks to raise up to £25 million in Series A debt and equity funding. This new funding round follows the successful closure of a £2.3 million debt and equity seed round. Ayan Capital provides UK drivers with access to professional and business car financing up to £50,000.

Source: Pharmaceutical Technology

Everrati and W Motors join forces

Everrati has announced a strategic partnership with luxury hypercar manufacturer and mobility solutions provider W Motors. The two aim to bring together their vehicle design and engineering expertise to further the development and manufacturing of bespoke electric vehicles across multiple sectors in the Middle East and beyond. 

Source: Pharmaceutical Technology