Planet42 Secures $15.8M Funding from Standard Bank to Expand Car Subscription Service 🇿🇦

Planet42 Secures $15.8M Funding from Standard Bank to Expand Car Subscription Service 🇿🇦

#finance
#finance
#startup
#funding
#mobility
Discover how South African startup Planet42's partnership with Standard Bank is revolutionizing access to personal vehicles, driving economic empowerment and mobility across the country. 🚗💼

South African startup Planet42, formerly known as CarGet, has secured ZAR300 million (US$15.6 million) in debt and equity funding from Standard Bank to fuel its mission of addressing transport inequality by providing car subscriptions to underbanked individuals. 🌍 With over US$150 million raised in capital, the partnership aims to empower more South Africans by expanding access to personal vehicles. 📈


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