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March 4, 2021
Zaheer Jappie (centre) with (left to right) EVP investment director Daniel Szekely, CarClarity co-founders Luke Scott and David Fahim, and EVP associate Mark Velik. Source: supplied.
Car financing marketplace CarClarity has raised $1 million to supercharge its platform. The Sydney-based startup is trying to bring tech and transparency to the woefully under-innovated industry of car sales financing.
The round was led by Equity Venture Partners (EVP), and also included angel investment from executives at fintech lenders Prospa, Harmoney and Uno Home Loans. EVP associate Mark Velik is also set to join the board of the startup.
Co-founder and chief Zaheer Jappie describes himself as a “car-obsessed enthusiast”. But his passion hasn’t always led to positive outcomes.