eCommerce
CARS24 Unveils Platform To Diversify Its Loan Offerings
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SUMMARY
CARS24 team told Inc42 that the website was live because the LOANS24 pilot had been going on for the last few weeks
The company said that LOANS24 initially offered used car financing but now it will provide new car financing, purchasing financing, loans against cars and top-up loans on cars
CARS24 Financial Services Private Limited (CFSPL) was established as a wholly-owned subsidiary of CARS24 in 2019
In line with its strategy to diversify offerings and bolster its financial services, CARS24’s financial arm, Cars24
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