Planet42 news and trends

For Buying, Selling and Financing, MEA Auto Markets Turn to Digital Platforms
eCommerce // September 27, 2022

In the September edition of the Expanding Payments Choice Playbook series, PYMNTS discusses the importance of end-to-end digital car buying, a mode of auto sales in which not only can consumers buy their automobiles online, but they can also access financing, rewards schemes and receive...

Alternative Auto Financing Puts Car Ownership in Reach in Emerging Markets
emea // September 07, 2022

For millions of people in emerging markets like South Africa where public transport is slow, unreliable, and sometimes dysfunctional, owning a vehicle is far more a necessity than it is a luxury. But when it comes to vehicle financing, most individuals, albeit with well-paying jobs,...

Interviews & Exclusives
Alternative Auto Financing Puts Car Ownership in Reach in Emerging Markets

September 07, 2022
For millions of people in emerging markets like South Africa where public transport is slow, unreliable, and sometimes dysfunctional, owning a vehicle is far more a necessity than it is a luxury. But when it comes to vehicle financing, most individuals, albeit with well-paying jobs, are locked out of the traditional lending landscape due to […]

Quick Reads
Planet42 Raises $100M to Expand Rent-to-Own Car Fleet

February 22, 2023
Rent-to-own car startup Planet42 hopes to add to its fleet after raising $100 million. The South African company also hopes to use the capital to reach its goal of providing 1 million cars and to further its recent expansion into Mexico, the startup said in a news release provided to PYMNTS Wednesday (Feb. 22). The […]