PH fintech lending startup for used car dealers raises $4m

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PH fintech lending startup for used car dealers raises $4m

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OneLot, a Philippine fintech lending startup for used car dealers, has raised US$4 million in pre-seed funding led by 468 Capital.

The funding included contributions from Kaya Founders, Crestone Venture Capital, 21yield, Founders Launchpad, and several angel investors.

The influx of capital aims to expand OneLot’s services to a broader range of used car dealers and expedite the development of its AI-powered products.

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