Fundraising Fox

Planet42

Founded 2017 · 61 employees on LinkedIn · 2 known investors

Planet42 provides car rental financing through a tech-driven approach that focuses on accessibility for individuals with limited credit history. The company serves customers in emerging markets who seek mobility solutions without traditional loan requirements.

B2B MarketplacesFintechMobility & Transportation

Investors · 2

Change VenturesTallinn · $100K – $750K

Also in the syndicate · 1

Standard Bank

Funding

SEC filings, press & company announcements

$100M disclosed across 1 of 2 rounds · 2023–2024

Source: company announcements and press reports — follow each round's link for the claim.

In the news

SA car subscription startup Planet42 raises $15.8m funding from Standard Bank - Disrupt Africadisruptafrica.com · Mar 2024Planet42, a South African car subscription company, raises $100Mtechgistafrica.com · Feb 2023Car Subscription Startup Planet42 Raises $100 Million to Address Transport Inequality - Ventureburnventureburn.com · Feb 2023SA car subscription startup Planet42 raises $100m funding round for expansion - Disrupt Africadisruptafrica.com · Feb 2023South African car subscription service Planet42 raises $100M equity, debt | TechCrunchtechcrunch.com · Feb 2023Planet42 said to close €2.2m funding round to support growth plansfintech.global · Jun 2020

Frequently asked questions

What does Planet42 do?
Planet42 provides car rental financing through a tech-driven approach that focuses on accessibility for individuals with limited credit history. The company serves customers in emerging markets who seek mobility solutions without traditional loan requirements.
Who are Planet42's investors?
Planet42's investors include Change Ventures.
How much funding has Planet42 raised?
Planet42 has disclosed $100M raised across 1 of its 2 known rounds.