About CarFinance2U
CarFinance2U is a company based in Auckland (New Zealand) founded in 2012 by Matt Hodges was acquired by Time Finance in December 2017.. CarFinance2U offers products and services including Car Loans, Bad Credit Car Loans, and Personal Loans. CarFinance2U operates in a competitive market with competitors including Pepper Money, Lending Crowd, Mortgage Express and OnePort, among others.
- Headquarter Auckland, New Zealand
- Founders Matt Hodges
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Car Finance 2U Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Time Finance
(Dec 13, 2017)
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Products & Services of CarFinance2U
CarFinance2U offers a comprehensive portfolio of products and services, including Car Loans, Bad Credit Car Loans, and Personal Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides loans for vehicle purchases with low interest rates.
Offers financing for cars despite poor credit history.
Supports debt consolidation and other personal financing needs.
Funding Insights of CarFinance2U
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CarFinance2U
CarFinance2U has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Time Finance. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multiple business loan products are offered through an online marketplace.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by CarFinance2U
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CarFinance2U
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Carfinance2u Comparisons
Competitors of CarFinance2U
CarFinance2U operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pepper Money, Lending Crowd, Mortgage Express and OnePort, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Online platform offering diversified loans
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Provides peer-to-peer lending platform for borrowers and investors in financial services.
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| domain | founded_year | HQ Location |
Mortgage and consumer loans are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Operates a digital marketplace for business and consumer loans.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CarFinance2U
When was CarFinance2U founded?
CarFinance2U was founded in 2012.
Where is CarFinance2U located?
CarFinance2U is headquartered in Auckland, New Zealand.
What does CarFinance2U do?
CarFinance2U was founded in 2012 in Auckland, New Zealand, by Matt Hodges. An online platform is provided for matching consumers with loan providers in the financial services sector. Operations focus on facilitating access to personal and vehicle financing options through a digital marketplace. Services are tailored to New Zealand residents, emphasizing straightforward loan comparisons and applications via the domain carfinance2u.co.nz.
Who are the top competitors of CarFinance2U?
CarFinance2U's top competitors include Pepper Money, Mortgage Express and Lending Crowd.
What products or services does CarFinance2U offer?
CarFinance2U offers Car Loans, Bad Credit Car Loans, and Personal Loans.
Who are CarFinance2U's investors?
CarFinance2U has 1 investor. Key investors include Time Finance.