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Ayan Capital raised £2.8 million in equity funding led by Cur8 Capital to expand halal car finance and other Islamic finance products in the UK.

Dec 11, 2024about 1 year ago

Amount Raised

£2.8 Million

Round Type

seed

LondonFinancial Services

Investors

Cur8 Capital

Description

Ayan Capital, a London-based Islamic fintech, has secured £2.8 million in equity funding to expand halal car finance and other Islamic finance products in the UK. The funding will help Ayan enhance its offerings for private hire drivers and other customers seeking ethical financing options.

Company Information

Company

Ayan Capital

Location

London, England, United Kingdom

About

Ayan Capital is an Islamic car finance platform for private hire vehicle (PHV) drivers in the UK, providing fully compliant Islamic finance solutions.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers