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leasy.pe

Founded Year

2018

Stage

Debt | Alive

Total Raised

$17M

Last Raised

$15M | 6 mos ago

About Leasy

Leasy is a FinTech platform built to finance ride-hailing drivers in Latin America.

Leasy Headquarter Location

310 Calle Flora Tristán, San Isidro

Lima, 15076,

Peru

947947158

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Research containing Leasy

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CB Insights Intelligence Analysts have mentioned Leasy in 1 CB Insights research brief, most recently on Mar 2, 2022.

Expert Collections containing Leasy

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Leasy is included in 1 Expert Collection, including Fintech.

F

Fintech

3,392 items

Excludes US-based companies

Latest Leasy News

Peruvian startup Leasy has secured $17M to help ride-hailing drivers afford vehicles.

Mar 10, 2022

Shares The Peruvian startup Leasy announced it has secured $15 million in debt and $2 million in equity. The company offers automobile financing for ride-hailing drivers in Latin America. Founders Gregorio Gilardini and Alejandro Garay created Leasy in 2018 to help ride-hailing drivers afford to buy a car to earn steady incomes. The company’s founders saw how many ride-hailing drivers had to rent the vehicles they used since they could not afford car financing to enter this job market. The business is designed to make it uncomplicated for them to finance a car, with flexible terms, insurance, and a simple payment process included in the transaction. For example, drivers can return the car to Leasy with no penalty if they need to. Traditional financial institutions charge very high-interest rates and down payments, closing access to financing for the lower-income population. The Peruvian startup Leasy charges a down payment of 5%, while most banks require 20% to 30%. “That’s an amount of cash that most people don’t have. A lot live day to day and drivers are like ghosts in the system,” Garay explains. Leasy’s seed round was led by Magma Partners , and other investors included BuenTrip Ventures , Otto Holdings , IncaVentures , and more. Magma Partners’ Nathan Lustig reflected on the impact Leasy has on its customers: “A car can help bring Latin Americans into the middle class, and a car owner can use it to generate top 30% incomes for their families. Traditional financial institutions overlook huge swathes of Latin Americans.” The startup has a waiting list of over 1,500 people and has already underwritten more than 370 loan contracts. Leasy says the new resources will help the company expand to Mexico, Colombia, and Chile.

  • When was Leasy founded?

    Leasy was founded in 2018.

  • Where is Leasy's headquarters?

    Leasy's headquarters is located at 310 Calle Flora Tristán, San Isidro, Lima.

  • What is Leasy's latest funding round?

    Leasy's latest funding round is Debt.

  • How much did Leasy raise?

    Leasy raised a total of $17M.

  • Who are the investors of Leasy?

    Investors of Leasy include Magma Partners, BuenTrip Ventures, INCA Ventures, GRAM, Otto Holdings and 5 more.

  • Who are Leasy's competitors?

    Competitors of Leasy include Kovi and 1 more.

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