Carmoola Now Available to ClearScore Users

London June 2022: Carmoola,  a new car finance provider offering customers a new way to pay for a car, today announced a partnership with ClearScore, the UK’s leading credit marketplace.

For the first time, ClearScore users searching for car finance will now have direct access to Carmoola’s exclusive rates and deals.  Following a speedy approval process, consumers will receive a budget and finance decision in minutes, empowering them with the freedom to buy a vehicle instantly with a virtual card, at sites such as Cazoo and Cinch or at any car dealership.  

Aidan Rushby, CEO at Carmoola comments, “We’re incredibly proud to be a new car finance partner for ClearScore and we’re looking forward to helping new customers make the right choice when purchasing a car.  ClearScore customers will be able to get a car loan and buy a car in minutes online.

With the cost of living being at the forefront of everyone's minds, Carmoola is here to ensure consumers know exactly what they’re borrowing and more importantly, what they can afford with our offer of flexible and affordable rates.”

Rather than hunting down the perfect car only to find you can’t afford it, Carmoola provides drivers with a budget and finance decision in sixty seconds without needing to send off reams of paperwork giving you the freedom to shop anywhere with a virtual debit card, putting you immediately in control of your car purchase.”

ENDS

For more information contact: Carmoola@theprophets.co.uk 

About Carmoola

Carmoola is the new way to pay for a car in just three easy steps. 

No more wasted time hunting down the perfect car, only to find you can’t afford it, Carmoola gives users an immediate pre-approved budget and virtual card for instant purchasing. The freedom to go shopping, knowing what you can spend, without sending off reams of forms and payslips, puts the consumer in control of their car purchase.

Founder Aidan Rushby (CEO) has extensive experience in fast-moving, scale-up businesses, having founded Movebubble. 

Co-founded by Amy McKechnie (Director of Product and Marketing), Rushby is also joined by Ukrainian co-founders, Roman Sumnikov, Chief Technology Officer and Igor Gordiichuk, Chief Information Officer.

Rushby raised over £10 million in venture funding for his previous start up, and is experienced in developing teams, marketing and product development.

The newly launched motoring fintech has raised £27M in investment from Jaguar Land Rover’s investment fund, InMotion Ventures, VentureFriends, BCI and California-based Clocktower Ventures.

The seed round also included a host of high profile angels that have backed companies such as Revolut, Marshmallow, ClearScore and Monzo, including the former MD of Google (UK and Ireland), Dan Cobley.