Uber Technologies has reportedly sold its subprime auto leasing business in the U.S. to Fair.com, a car marketplace startup. The Wall Street Journal said the sale of the unit marks the end of an attempt by Uber to get new drivers who don’t have access to vehicles....
Getting around without a car can be a laborious and grueling process. Within larger cities, there’s usually a Zipcar or other short-term car rental service nearby, but that can sometimes be expensive. For any Uber driver looking to not use their own car, there’s great...
February 06, 2018
After recently acquiring Uber’s leasing portfolio, Xchange Leasing, Fair raised another round of funding and bought Skurt, a service that allows customers to rent a car and have it delivered to them. According to news from TechCrunch, Fair has now raised over $100 million in equity funding after this latest round of $50 million, which was led by next47, […]
December 27, 2017
Uber Technologies has reportedly sold its subprime auto leasing business in the U.S. to Fair.com, a car marketplace startup. The Wall Street Journal said the sale of the unit marks the...
