Planet42. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. Our expenses are the lowest of any fundraiser fo this size ran in Ventura and Los Angeles County due to the amazing volunteers that work all day to put on this AMAZING historic community event. Nearby homes similar to 2306 Terrace Ln have recently sold between $485K to $5M at an average of $580 per square foot. Is insurance and maintenance included in the subscription? Planet42 hasbought more than 12,000 cars for its customers in South Africa and Mexico. Planet42 Financial Services Access to mobility for the underbanked Follow See all 116 employees About us Planet42 is democratising access to mobility Website http://www.planet42.com. But it would be more accurate to describe Planet42 as a new form of car subscription that has the mission of democratizing mobility at its core. Service was friendly! Also, the company has delivered 250 cars to customers Mexico last year. Planet42 was founded in Estonia in 2017 by Eerik Oja and Marten Orgna. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. Thank you Planet 42 I really appreciate everything you have done I am happy to recommend you to anyone who has a problem getting bank finance and really needs a car. $1,250,000 Last Sold Price. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. It lets users rent cars by the hour, days, or more through an application. May 26, 2021. Learn more. Analyst Briefing Submitters are 7x more likely to receive a qualified connection. Overview Top Contacts Similar Company Technology Stack FAQs Planet42 overview Planet42 top contacts Planet42 technology stack Planet42 key technologies used on the website. . Planet42, a South African founded car subscriptions start-up, has tripled its vehicle acquisitions over the last 12 months. free lookups / month. PAIA policy; Corporate About us and contact; List of Dealers; Press The applicant gives consent to Planet42 to use his/her personal information for the marketing and promotion of Planet42 or third party goods and services. Unfortunately, your application was declined.We know circumstances continually change, so you are welcome to apply again in 2 months! It was founded in 2016 and is based in Sao Paolo, Brazil. #2. Investors of Planet42 include Rivonia Road Capital, Naspers, ARS Holdings, Martin Villig, Change Ventures and 8 more. Planet42 is democratizing mobility by enabling people ignored by banks to get access to a personal vehicle. You drive the car and make monthly payments to Planet42. For large custom estate . our sites and services. Planet42 has bought cars for more than 3000 South Africans so far. CB Insights Intelligence Analysts have mentioned Planet42 in 1 CB Insights research brief, most recently on Mar 21, 2022. This brings Planet42's total funding to $150.2M to date. Anything longer than that and a car subscription is likely to be the better choice. Car subscriptions are more flexible. Car Dealers | Rent to Own Cars | Planet42 Car Dealers We have signed up over 700 car dealers across the country, find out the closest to you. In contrast, car subscriptions usually have insurance included in the monthly subscription payment. We have signed up over 800 car dealers across the country, find out the closest to you. Rivonia Road Capital Provides $75M to Naspers-Backed Global Car Subscription Fintech Planet42, Planet42Receives $75M in Debt Financing and Equity investment from Rivonia Road Capital, Planet42 Receives $75M in Debt Financing and Equity investment from Rivonia Road Capital, Rent-to-Buy Firm Planet42 Gets $100M to Grow in South Africa, Open Shop in Mexico, South African Vehicle Rental Startup Planet42 Raises $100M For Its Car Renting Business. The company is headquartered in Johannesburg, South Africa, with offices inTallinn, Estonia and Mexico City. SaaS, Android, Cloud Computing, Medical Device), Operating Status of Organization e.g. Nearby Recently Sold Homes. In 2022-2023, property taxes for 6329 Daylight Dr, Agoura Hills, CA 91301 were $9,387. Customers could, through this subscription service, drive a sports car for a few months and then switch to a minivan for travel with the family for another few months. The approval process takes less than one minute, and the selection of vehicles is unparalleled. It is now betting on scaling operations and possibly expanding to other emerging markets . Planet42 is primarily a South African company. Quality Pre -Owned Vehicles Trade Ins welcome We offer Finance at all major Banks including varie It aims to serve customers across the African market. Lorem ipsum dolor sit amet consectetur adipisicing elit. And with its algorithms, customers can find out what budget suits them and choose new or pre-owned cars from Planet42s dealership network. All rights reserved. 's Products & Differentiators. Planet42 key technologies used on the website. As car-sharing services and app-based ride-hailing services began to put pressure on big brand dealerships, many of them scrambled to offer new incentives that would make it easy to stick with one brand. As an Accredited Dealer with Planet42 Kent Motors is able to submit your application and upon approval sell you a vehicle according to your qualification criteria. 0821234678 Email address Monthly income For instance, Planet42 asks for a minimum commitment of 6 months, after which time the customer can return the car at any time for a nominal fee. For starters, getting a rental car usually comes with a very high deposit requirement. Just find the used car thats perfect for you and contact the dealership. Conejo Creek North, 1379 E. Janss Road, Thousand Oaks, CA. This includes contact and bank details, vehicle specifics and supporting documentation (copy of ID and driver's licence, 3 latest payslips and 3 months' bank statement) . We have partnered with more than 700 dealerships in South Africa. . 3,783 talking about this. However, for most of us, buying a car outright with cash is out of the question, and that is where banks are supposed to help people with financing. Planet42 is included in 1 Expert Collection, including Fintech. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Renting a car may also seem similar to a car subscription, but again, there are significant differences between the two. Most of our employees are South African. Copyright 2023 CB Information Services, Inc. All rights reserved. Planet42 headquarters is in South Africa. Get the full list, Morningstar Institutional Equity Research, Chief Operating Officer & Managing Director. Took a vehicle on one of these deals in 2017. Find out more about what drives us to democratise mobility. "This year we will have 3 stages of LIVE music, where we try to find the best local musicians to showcase their talents. All you have to do is choose the one you like. It rents cars for young people and for drivers of urban mobility apps. Get contact details including emails and phone numbers Even though the founders are originally from Estonia, Planet42 is very much a South African business. This, after it recently raised $30 million of equity and debt from investors like Naspers and Lendable. Vai.Car offers a digital car rental application service. By continuing to use this site you are consenting to these choices. Pictured above: Lebo, one of Planet42s many happy customers! Planet42 Managing Director Grant Wing (Image source: Planet42) According to Mordor Intelligence's Car Rental Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) report, the global car rental market was worth $119.28 billion in 2021 and is expected to reach $223.07 billion by 2027 with a cumulative annual growth rate . PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Thank you for submitting your application!Your unique data is being processed, please wait. But what do you do if the banks reject your application for car financing, as they do for the overwhelming majority of people that apply for a loan in South Africa? Planet42 New Rent-to-buy Car Subscription Service. View contacts for Planet42 to access new leads and connect with decision-makers. Planet42 is a completely new way to become a car owner. The algorithms aim to determine a suitable budget for each customer and, based on this, subscribers to Planet42 can choose any new or pre-owned car from Planet42's network of more than 700 car . Also, the company has delivered 250 cars to customers Mexico last year. Planet42 analyses the customer's validation documents, such as IDs, payslips, and bank statements before purchasing the car from the dealership and renting it to the customer. We buy cars from South African dealerships, for South African people. Location. Thank you for submitting your application! Up to 5 In addition, bank finance comes with many hidden fees that make the contract more expensive than the headline interest rate implies. The car subscription company champions people "unfairly ignored by banks". Once you sign the contract and get your car, you make one monthly payment to us, which includes insurance and a tracker device. Unfortunately, your application was declined.We know circumstances continually change, so you are welcome to apply again in 2 months! I can really recommend this company. Get a preliminary decision in less than 60 seconds! You drive the car and make monthly payments to Planet42, but OPS Cars facilitates the whole process for you. Autochek is an online marketplace for car sales. Upon approval, customers can access any new or pre-owned car from its network of over 700 almost 1,000 dealerships. 4 Beds. For Sale: 29500 Mulholland Hwy, Agoura Hills, CA 91301 $1,600,000 MLS# FR22006801 7 acres on Mulholland Highway near Malibou Lake. Total amount raised across all funding rounds, Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Total number of investment firms and individual investors, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. The applicant hereby gives consent to Planet42 to make enquiries about his/her credit record, obtain whatever information on him/her that may be required to process this application. Insrance paid current retail . Determining the Best Car for Your Budget, Customer care contact hours : Monday Friday 09:00 17:30. Planet42's approval algorithms provide a fair, quick, and simple picture of the financial situations of people that have been unfairly passed over by banks. Edit Lists Featuring This Company Section, Planet42 Receives $75M in Debt Financing and Equity investment from Rivonia Road Capital, Estonian FinTech startup Planet42 secures $100M to scale affordable transportation, Financial Services Companies With More Than 50 Employees (Top 10K), FinTech Seed Stage Companies With More Than 10 Employees, South Africa Financial Services Companies. "Now in our 46th year, the 2023 Chili Cook Off, Craft Brew Festival & Classic Car Show is poised to be our 'BEST EVER' with authentic craft breweries International Chili Society-sanctioned event. 26,349. Contact Information Website www.planet42.com Formerly Known As CarGet Ownership Status Privately Held (backing) Financing Status Venture Capital-Backed Primary Industry Automotive Other Industries Media and Information Services (B2B) Primary Office Post Office Box 26403 Monument Park Pretoria, Gauteng 0105 South Africa Planet42 Timeline This means that tens of thousands of vehicles are available for financing through Planet42. Please refer to the link to obtain further information on our privacy policy. You find the car, we buy it for you. Planet 42 is now one of the single biggest clients for used car dealers in South Africa, having bought well over 2,000 cars from over 300 dealers as reported here. "The BEST Car Show in Ventura County with classic to unique to cars from movies! Active, Closed, Last funding round type (e.g. Car subscriptions started in 2010, when a car dealership in Hawaii started offering a service that allowed customers to pay a monthly fee in exchange for a high degree of flexibility and support in driving a personal vehicle. 46th Annual Chili Cook-Off, Car Show & Craft Brew Festival, Conejo Creek North,1379 E. Janss Road,Thousand Oaks,CA. You have the option to buy out the car at any time for the buy-out price, which decreases every month. Competitors of Planet42 include Kovi and 3 more. Planet42 has 12 employees. Planet42, a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $100 million in equity and debt from a wide . Planet42 is democratising access to mobility by offering car subscription for people unfairly ignored Planet42 . Planet42 uses proprietary scoring algorithms to assess risk in underbanked customer segments. Wrote the vehicle off revently. Many banks dont offer finance, even to qualified professionals with steady jobs. Have the freedom of driving a car with Planet42 rent-to-buy car subscription. 2023 PitchBook. Planet42, formerly known as CarGet,is a car subscription company that buys used cars from dealerships and rents to customers via a subscription model. Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. Rent-to-buy car subscription is an emerging model that gained popularity only recently, but has already proven to be extremely successful in countries like Germany, the UK and the US. Planet42 specialises in financial services. PARTNERED CONTENT. It has purchased 10 000 cars since its . CBI websites generally use certain cookies to enable better interactions with our sites and services. Ensure that your company and products are accurately represented on our platform. The South African Automotive Industry: Which Car is Made in South Africa? Moove Africa is an Integrated Mobility platform designed to enable all transport services, and service providers to interoperate. Thank you for submitting your application! Planet42's headquarters is located at Johannesburg. The three-year old startup has so far bought and rented cars to over 2,000 customers in South Africa. Need a Car on a Budget? The company leverages technology to mitigate risk and promote financial inclusion by buying second-hand cars from a network of motor dealers and providing them to customers on a subscription basis, without the need to physically see the car. Moove competitors include Autochek, FlexClub, Planet42, and Drover. Planet42 has purchased over 5,000 vehicles in the African country in the last 12 months. Moove, a vehicle financing platform for Uber drivers, raises $105M in debt and equity. Car subscriptions first began as an extension of luxury dealerships trying to hold on to customers, and from there branched out to an app-based model that was supported by a group of new tech startups. Planet42 is democratising mobility by enabling people ignored by banks to get access to a personal vehicle through car subscription service. The company uses an automated scoring algorithm to process client applications based on the credit bureau, affordability, and alternative data. Planet42's products include Car Subscription. You can read more about your cookie choices at our privacy policyhere. Can I become the owner of the car and if so, on what terms? 2 Baths. Planet42 buys the car from OPS Cars and rents it to you. Gauteng, NA - South Africa, South Africa 51-100 Debt Financing Private planet42.com 4,667 Highlights Total Funding Amount $150.4M Contacts 8 Employee Profiles 4 Investors 11 Similar Companies 9 Seed ARS Holdings Find More Contacts for Planet42 Grant Wing COO Unfortunately, your application was declined. Planet42 is a Financial Services company and has headquarters in South Africa. Planet42 provides a mobility finance platform offering customers access to personal vehicles. So I have a client we insure. Customer care contact hours : Monday Friday 09:00 17:30. Sign up for a free account. The company was founded in 2017 and is based in Johannesburg, South Africa. Get data-driven expert analysis from the CB Insights Intelligence Unit. All information is treated as confidential. South Africa is playing catch-up, and there is still a lot of confusion about what exactly a car subscription entails. Tallinn, Harjumaa, Estonia. Electronica Finsmart Solutions Private Limited, List Of Financial Service Companies In USA, List Of Financial Service Companies In India, List Of Financial Service Companies In Detroit, List Of Financial Service Companies In Atlanta, List Of Financial Service Companies In Houston, List Of Financial Service Companies In San Jose, List Of Financial Service Companies In Dallas, List Of Financial Service Companies In Las Vegas, List Of Financial Service Companies In Miami. We want car ownership to be available to everyone in South Africa who can afford it, not just the fortunate few favoured by the banks. Car Subscription. It orchestrates multi-modal trip planning, payment, and fulfillment with one seamless experience. What are the activation fees or deposits involved? Complete an application at one of the dealerships we have partnered with or online here. A car subscription may sound similar to bank finance, but there are important differences. Planet42 specialises in financial services. (business & personal). Planet42 is a Financial Services company and has headquarters in South Africa. My approval was fast and payments affordable. Planet42 is a vehicle rental company offering rent-to-buy services for its clients. Meanwhile you can start looking for your new car. Seed, Series A, Private Equity), Alternate or previous names for the organization, Whether an Organization is for profit or non-profit, General contact email for the organization. Have the freedom of driving a car with Planet42 rent-to-buy car subscription Apply for a car Rent to Buy Application Get a preliminary decision in less than 60 seconds!
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