Carro secures $55m loan from HSBC to fund fintech arm

Carro secures $55m loan from HSBC to fund fintech arm

Photo: Carro's LinkedIn page

Singapore-based car marketplace and lender Carro has secured a S$75-million ($55.4 million) multi-currency loan from HSBC to fund its fintech arm Genie Financial Services, according to an announcement on Thursday.

Edited by: Joymitra Rai