Free press releases distribution network?

Agency / Source: FinanceAcar.co.uk

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



FinanceAcar Closes Investment to Reinvent Car Buying - FinanceAcar.co.uk, the world’s first online car marketplace that enables car buyers to compare and get the best monthly price for a new car, has announced that it recently closed a round of funding led by Anthemis Group
FinanceAcar Closes Investment to Reinvent Car Buying

 

PRZOOM - /newswire/ - London, United Kingdom, 2011/08/03 - FinanceAcar.co.uk, the world’s first online car marketplace that enables car buyers to compare and get the best monthly price for a new car, has announced that it recently closed a round of funding led by Anthemis Group.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Rental Services/Leasing Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Several other angel investors include Dominic Collins, who was Group Director of Autotrader.co.uk and is now CEO of Orange Digital and Christoph Janz, a serial angel investor who built one of Europe’s first European price comparison websites. Both of them have joined FinanceAcar as advisors and Sean Park, partner at Anthemis has joined the board as an observer.

Anthemis Group invests in companies that leverage technology to build innovative and disruptive financial businesses making FinanceAcar a natural fit for their portfolio. Indeed, FinanceAcar seeks to reinvent car shopping for the 80% of people that buy a car based on a monthly finance budget (spending c. £14 billion/year in the UK). The website enables a car buyer to choose/compare their vehicle, get the best monthly price available, apply for finance online and, if approved, have the car delivered by a dealer to their door.

FinanceAcar, a Seedcamp 2010 winner, was founded by Mark Peatey and Nadim Saad who spotted a gap in the car buying market and combined their experience of launching and growing successful websites such as itv.com and large comparison websites. The investment by Anthemis is timely as recent research confirms that car shoppers want to buy online. Autotrader recently announced that surveys of its users show that 33% of people are ready to buy a car online whilst Capgemini’s survey of 8,000 car buyers found that 41% of people were likely or very likely to buy their new car using an end-to-end online car buying process (Cars Online 10/11, Listening to the Voice of the Consumer).

Nadim Saad said,“Anthemis is the perfect investor for us. Their previous success as an investment group and their vision to play a big part in revolutionising consumer finance over the next decade is a big vote of confidence in our mission to reinvent car buying and car finance”. Sean Park of Anthemis explained,“The car industry is one of the last offline bastions yet to offer a full online buying journey to the mass market. This is because people have always been forced to shop based on a list price even though as much as 80% of them actually want a monthly price based on finance. We were attracted to FinanceAcar because their technology and approach allows them to create a much more intuitive shopping experience. It provides buyers with the cheapest monthly price for the car that they want whilst also placing their finance application with a provider most likely to approve them.”

About FinanceAcar

Finance A car (financeacar.co.uk) is a UK online car marketplace. It was voted by Seedcamp (one of Europe’s largest groups of tech investors) as one of the top 10 startups in Europe in 2010 and is a Microsoft “Startup of the day” company. It is the UK’s first car finance marketplace and it enables car buyers to choose their new car, compare millions of monthly prices from dealers and top UK finance companies, apply for finance, and, once approved, have the car delivered to their door.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Rental Services/Leasing Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: FinanceAcar.co.uk

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Rental Services/Leasing articles,
CATCH Visitors via Your Competitors Announcements!


FinanceAcar Closes Investment to Reinvent Car Buying

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Simon Norman - FinanceAcar.co.uk 
+44(0)80 0043 3013 press[.]financeacar.co.uk
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any FinanceAcar.co.uk securities in any jurisdiction including any other companies listed or named in this release.

Rental Services/Leasing via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From FinanceAcar.co.uk / Company Profile


Read Rental Services/Leasing Most Recent Related Press Releases:

Zipcar Officially Launches in Breckenridge, Colorado
GE Capital Aviation Services Delivers First Airbus A320neo to Brazil’s Azul
GECAS’ Cargo Aircraft Group Announces its First 737-800NG Passenger-to-Freighter Conversion Placement with ASL Aviation Group
GECAS’ Cargo Aircraft Group Signs Purchase-and-Leaseback Deal with Korean Air for Five New Boeing 777Fs
Zipcar Officially Launches in East Point, Georgia
Zipcar and Yakima Partner to Deliver Outdoor Adventure to Urban Dwellers
GE Capital Aviation Services Delivers First of Six Leased Boeing 777-300ERs to EVA Air
Zen Business Center Opens Virtual Office in Delhi
Azoth Analytics Releases 2016-2021 Asia Pacific Business Jet Rental Market Report
Zipcar to Launch its First Floating Car-sharing Service in Brussels

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today