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Invygo raises $10m in Series A funding

UAE and Saudi Arabia based long-term car subscription service raised $10m in Series A funding led by MEVP.

“We’ve split the full payment of the car into three. Normally, you have a massive downpayment of around 20% and then your monthly installments with no way to get out of that commitment. Our starting fee is around 5% and you have the option to cancel your plan at any time without any penalty.”

Tags

car, subscription