Carmoola, a UK-based fintech, has secured a £100 million debt deal with NatWest, positioning itself as a leader in transforming the car finance industry. The partnership will enable Carmoola to offer competitive, transparent car financing rates directly to consumers, challenging traditional dealership options. With a focus on simplicity and fairness, Carmoola aims to provide a hassle-free car-buying experience, supported by NatWest's confidence in its innovative approach.
- The £100M debt deal allows Carmoola to expand its customer base and directly offer dealership-beating car finance rates to consumers.
- Carmoola's direct-to-consumer model simplifies the car financing process, eliminating hidden fees and leveraging technology for transparency and ease of use.
- NatWest's backing highlights strong confidence in Carmoola’s potential to disrupt the car finance industry and improve the financial well-being of car buyers.
