2024-07-27 00:54:17
The fintech mexicana OCN obtained funds close to 1,500 million pesos (86 million dollars) to promote the offer of transportation and shipping services such as Uber, DiDi y Lyft.
This is in addition to the 20,313 million dollars of Foreign direct investment (FDI) that arrived in the country in the first quarter of the year.
Of which, 8,914 million dollars correspond to the service industry, including OCNwhose funds will allow strengthening the car rental strategy for transportation and shipping platforms.
The capitalization round includes the participation of investors Caravela Capital, Collide Capital y Great North Ventures.
In addition, it has a debt component granted by the American investment company i80 Group.
OCN operates in 22 states of the country and works under a modality that is beginning to extend throughout the national territory, which allows entrepreneurs to acquire a new car on a long-term basis, without down payments or security deposits, to work on mobility platforms with the option to purchase in the third year.
Mairon Sandoval, co-founder and CEO of OCN (before OneCarNow) He explained that in Mexico there are at least four million workers and entrepreneurs who “struggle” to obtain financing, so with these funds, obtained with the support of Hefesto Advisors,” can deliver more new cars to interested people who are often excluded or ignored by the system traditional financial”.
He also pledged to continue strengthening the technology and operational capacity of the Fintech, “to reach more gig economy workers (digital platforms) in Latin America, as well as in the United States.”
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2024-07-27 00:54:17