Finn news and trends

Car Subscription Provider Finn Raises $110 Million to Add EVs
Investments // January 11, 2024

Car subscription provider Finn raised 100 million euros (about $110 million) in a Series C equity funding round. The firm will use the new capital to increase the share of electric vehicles (EVs) in its fleet from 40% to 80% by 2028, Finn said in...

FINN Launches B2B Car Subscription Service in US 
Subscription Commerce // January 26, 2023

FINN has launched its car subscription service for businesses in the United States. This business-to-business (B2B) service, which is already offered in Germany, allows businesses to access six- or 12-month contracts and dedicated customer success managers, FINN said in a Thursday (Jan. 26) press release....

Car Subscription Firm FINN Raises $110M to Expand Across US, Europe
Investments // May 25, 2022

Car subscription platform FINN on closed a $110 million Series B fundraising round that it will use for continued growth across the U.S. and Europe, according to a Wednesday (May 25) press release. Korelya Capital, Keen Venture Partners, Climb Ventures, Greentrail Capital and Waterfall Asset...

EMEA Daily: Currencycloud Debuts Tool for off-Hour FX; German FinTech Kadmos Closes $9.1M Seed Round
International // March 24, 2022

In today’s top Europe, Middle East and Africa news, Visa’s Currencycloud launched its Weekend FX tool, while Berlin-based FinTech Kadmos closed an $9.1 million seed funding round. Plus, seven teenagers were arrested in London in connection with the Lapsus$ hacking spree, the Bank of England...

Interviews & Exclusives
Volvo’s EV Funding Cut Highlights Ongoing Challenges in Driving Consumer Demand

February 01, 2024
While electric vehicles (EVs) have been celebrated for their potential to revolutionize transportation and accelerate the path toward a greener future, recent moves by original equipment manufacturers (OEMs) to scale down production, divest and cut funding have cast a shadow over this once-optimistic narrative. On Thursday (Feb. 1), Swedish car manufacturer Volvo announced that it […]

Subscription Payment Model Could Become Fourth Pillar of Auto Financing

February 11, 2022
Tried buying a car lately? Oh, that’s right — we’re fresh out of cars since the pandemic. An exaggeration, but not terribly far off the mark. Various media reports place...

Quick Reads
Car Subscription Provider Finn Raises $110 Million to Add EVs

January 11, 2024
Car subscription provider Finn raised 100 million euros (about $110 million) in a Series C equity funding round. The firm will use the new capital to increase the share of electric vehicles (EVs) in its fleet from 40% to 80% by 2028, Finn said in a Thursday (Jan. 11) press release emailed to PYMNTS. Finn […]

FINN Launches B2B Car Subscription Service in US 

January 26, 2023
FINN has launched its car subscription service for businesses in the United States. This business-to-business (B2B) service, which is already offered in Germany, allows businesses to access six- or 12-month...

Car Subscription Firm FINN Raises $110M to Expand Across US, Europe

May 25, 2022
Car subscription platform FINN on closed a $110 million Series B fundraising round that it will use for continued growth across the U.S. and Europe, according to a Wednesday (May...

Car Subscription Platform FINN Expands in US

March 24, 2022
European car subscription platform FINN has plans to expand its offering to Western Pennsylvania, Massachusetts, Connecticut and Washington, D.C., the Munich-based company announced Thursday (March 24). The announcement follows FINN’s...