Yesqar increases funding for godrive

Automotive financier Yesqar has increased its investment in godrive, the startup that offers car subscriptions for young used cars, to 7.5 million euros.

Yesqar, a 100 percent subsidiary of the NIBC bank, already made an investment of 4 million in Yesqar in November 2022 and has now committed to an additional 3.5 million euros. With this new impetus, godrive can continue to grow. Sjors Hemmen, CEO and founder of godrive: “The choice to offer used cars shows our commitment to responsible car use, while at the same time we can guarantee fast delivery times, avoid BKR registrations and offer reliable quality and a wide range of models.”

“yesqar’s increase in funding allows us to continue growth and fully focus on improving our product. We are proud that yesqar believes in godrive and supports us in our journey.”

Potential

On behalf of Yesqar, Thijs Weijns says: “We are convinced of the potential of godrive because of its innovative approach and proven success. Increasing our funding is a logical step to further support the growth potential for this startup and contribute to the future of mobility.”

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