Planet42 Raises $10m Debt Round from Lendable to Help the Underbanked Access Personal Vehicles
Planet42, an Estonian car subscription company that helps individuals ignored by banks to get access to a personal vehicle, has announced a $10m raise from US-based Lendable Inc, an institutional debt investor. To date, Planet 42 has bought and delivered over 2,000 second-hand cars in South Africa, its primary market.