What is Leasy?
Leasy operates as a specialized FinTech platform designed to provide crucial financial solutions for ride-hailing drivers across Latin America. By addressing the unique financing needs of this driver demographic, Leasy aims to empower them with the capital necessary for vehicle acquisition, maintenance, and operational expansion. The company's strategic focus on this underserved market segment positions it as a key player in facilitating the growth and sustainability of the ride-sharing economy in the region.
How much funding has Leasy raised?
Leasy has raised a total of $17M across 2 funding rounds:
Debt
$15M
Angel/Seed
$2M
Debt (2022): $15M with participation from Mitsui Auto Finance Peru and BCP
Angel/Seed (2022): $2M led by Nucleus EMV, OTTO Holding, Magma Partners, GRAM, BuenTrip Ventures, and INCA Ventures
Key Investors in Leasy
Mitsui Auto Finance Peru
Mitsui Auto Finance Peru is a financial services provider specializing in automotive loans and leasing, indicating a strategic interest in vehicle financing solutions that align with Leasy's core business.
BCP
Banco de Credito del Peru (BCP) is a major Peruvian bank offering a wide array of financial services, suggesting a strong endorsement and potential for deeper financial partnerships.
Magma Partners
Magma Partners is a venture capital firm focused on early-stage technological startups in Latin America, particularly in fintech, indicating a belief in Leasy's innovative approach and market potential.
What's next for Leasy?
With the recent influx of major strategic investment and a significant overall funding base of $17M, Leasy is poised for accelerated growth and market penetration. The company is likely to leverage this capital to enhance its lending products, expand its operational footprint into new Latin American markets, and potentially develop complementary financial services for drivers. The enterprise-level financing, including debt facilities, suggests a strategy focused on scaling operations efficiently and sustainably, aiming to solidify its position as a leading FinTech provider for ride-hailing professionals.
See full Leasy company page
