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Evening Standard
Evening Standard
Business
Daniel O'Boyle

British-Ukrainian car finance startup Carmoola raises £103.5 million

Carmoola United Kingdom

British-Ukrainian car financing startup Carmoola has raised £103.5 million between a series A funding round and a new debt facility, which it will use to grow its team.

The business raised £8.5 million in series A funding led by fintech investment fund QED Investors, plus a debt facility of up to £95 million from NatWest.

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