What is Leasy?
Leasy operates as a specialized FinTech platform designed to provide essential vehicle financing solutions to ride-hailing drivers across Latin America. By addressing the systemic barriers that prevent gig workers from accessing traditional banking products, Leasy facilitates vehicle ownership and income stability for thousands of operators. The company occupies a vital niche in the regional economy, effectively acting as a catalyst for financial inclusion within the rapidly growing ride-hailing ecosystem. Through its digital-first approach, Leasy integrates seamlessly into the daily workflows of drivers, ensuring that credit accessibility is both efficient and scalable.
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, GRAM, Magma Partners, INCA Ventures, and BuenTrip Ventures
Key Investors in Leasy
Mitsui Auto Finance Peru
MAF Perú offers a range of vehicle financing solutions, including automotive loans and leasing options, specifically catering to individual clients and taxi operators.
BCP
Banco de Credito del Peru (BCP) is a major financial institution providing comprehensive wholesale and retail banking services across the Peruvian market.
Magma Partners
Magma Partners is a venture capital firm focused on investing in and supporting top technological startups in Latin America, with a strong emphasis on fintech and marketplaces.
What's next for Leasy?
With the infusion of $15M, Leasy is poised to accelerate its market penetration and enhance its technological infrastructure. The strategic focus will likely shift toward scaling its lending capacity and diversifying its product offerings to support a broader range of mobility-related financial services. As the company matures, it will continue to leverage its partnerships with institutional investors to optimize its debt facilities and improve capital efficiency. The long-term objective remains the consolidation of its market position as the primary financial partner for the Latin American gig workforce, driving sustainable growth through data-driven risk management and localized operational expertise.
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