June 9

Electric Vehicle Financing Startup RevFin Raises $5 Million in Debt


EV financing startup RevFin has raised $5 million in debt from US International Development Finance Corp to expand its two- and three-wheeler financing, as well as explore new markets. The startup, which raised $10 million in October last year from Green Frontier Capital (GFC) and LC Nueva Investment Partners, told YourStory it also hopes to use the funding to expand its commercial fleet, including its ride-sharing taxis.

Photo courtesy of Markus Winkler.

Source: Your Story (link opens in a new window)

Energy, Finance, Technology, Transportation
electric vehicles, fintech, startups