With its recent addition to the Zuto marketplace, Carmoola—a fintech company specialising in car financing—can now access a wider range of prospective customers. Through its partnership with Zuto, a reliable network of lenders, Carmoola makes its advanced financing solutions available to even more people by utilizing Zuto's numerous communication channels.
This agreement enables car buyers to benefit from Carmoola's streamlined financial approval processes, instant payment options via tap or transfer, and straightforward loan management through their app. Customers may now access Zuto's car-buying experts online, by email, or over the phone, and they can also count on their knowledgeable advice throughout the vehicle search process.
The integration required a rigorous process necessary to incorporate both systems, in order to provide a speedy, uninterrupted client experience with a secure exchange of data. Both businesses are motivated by the same goal of revolutionizing the car finance industry and facilitating a clear and easy process for clients looking to finance used cars.
Carmoola's CEO and founder, Aidan Rushby, pointed out the company's dedication to simplifying car financing and putting the needs of its clients first. He highlighted how their goals aligned with Zuto's customer-focused and technologically advanced approach, adding that their partnership had already enabled the purchase of over £50 million worth of cars.
Director of lenders at Zuto, Joanne Robinson, expressed excitement about Carmoola partnering with them and becoming a part of their network; emphasizing how their principles of fairness and openness in car buying align. She further outlined the technical efforts to enable seamless data integration across several platforms to provide quick service delivery.
Since its launch in March 2022, Carmoola has offered an app-based strategy for speedy financing approvals tailored to individual needs and has recently secured £15.5 million in capital to extend its offerings. Zuto's marketplace connects customers with 20 lenders and combines innovative technology with personal connection, providing quick financing decisions, clear approval and APR information, and thorough assistance with vehicle selection and finance comprehension.