News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Tenet raises $10m in Series A funding

New York based EV financing startup raised $10m in Series A funding led by Nyca Partners.

“Our mission is to help our customers save money by electrifying their lives and serve as the financial fabric of the energy transition....…

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Shekel Mobility raises $3.2m in pre Seed funding

Nigeria based B2B marketplace for auto dealers in Africa raised $3.2m in pre Seed funding led by Ventures Platform.

“One of the fundamental things we’ve built is the ability to buy a car without collateral,” Oladokun said. “We started out lending to...…

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Car insurance rates are soaring with little relief in sight

Insurers are getting big bumps because they have suffered big losses. Car insurance premiums could keep increasing through the end of 2024.

“Rates need to rise probably 5 to 10 percent in each of the next couple of years, because the loss trends have gone up so much,” said...…

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