Wunder Mobility’s new lending business helps micromobility startups finance fleets

Wunder Mobility’s new lending business helps micromobility startups finance fleets

3 years ago
Anonymous $4BDEsVAtYS

https://techcrunch.com/2021/04/26/wunder-mobilitys-new-lending-business-helps-micromobility-startups-finance-fleets/

Wunder Mobility built its business selling software to shared scooter, e-bike and even short-term car rental startups. Now, it’s banking on a new — and once secret — lending division to bring in more revenue that’ll giving micromobility operators another option to access capital without having pitch venture capitalists and other investors.

The company announced the official launch of Wunder Capital, a subsidiary that provides micromobility operators with fleet financing solutions. Wunder Capital, which has been operating in stealth mode for two years, has already provided financing to more than 25 businesses, according to the company.