South Africa’s FlexClub adds $5M to seed round to scale its car subscription marketplace
The traditional process of buying, insuring and financing cars across emerging markets can be challenging, and it defeats the purpose of building an all-around car shopping experience. Today, FlexClub, a South African company, has been provided with $5 million to improve drivers’ experience in these markets.
FlexClub was founded in 2019 by Marlon Gallardo, Rudolf Vavruch and Tinashe Ruzane. The company is an online marketplace that connects customers looking for flexible access to long-term cars with its partners, offering car subscriptions.
That same year, the company closed a $1.2 million seed round led by CRE Venture Capital. According to Ruzane, the company’s CEO, this $5 million (in equity and debt) is a seed extension round, bringing the total investment raised by FlexClub to over $6 million. The company says it will use the funding to improve its technology which protects and limi
On S.I. tour, Yang visits with local Dems; talks business, transit
Updated Mar 02, 2021;
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The former presidential candidate met with local Democrats, transit workers, and a West Brighton business owner as he shared what Staten Island’s future would look like in a Yang mayoral administration.
A central part of that future and a focus of Yang’s tour was the borough’s transit system, and an eight-point plan he would suggest to improve it.
“I want to see if we can improve mass transit for the folks on Staten Island,” Yang said Friday. “I talked to a group of Staten Islanders just the other day and they had issues with the city’s what they consider relative neglect of the mass transit system on Staten Island, so I wanted to see it for myself.”
What’s open, what’s closed and what’s coming | Pamela’s Food Service Diary
Updated Jan 07, 2021;
Posted Jan 07, 2021
Vodega is a bodega concept that s fully vegan, hence the moniker s portmanteau. (Staten Island Advance/Pamela Silvestri)
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STATEN ISLAND, N.Y. Like the sands of time, so shift Staten Island’s small business owners in the pandemic. And the food show goes forward.
We have one of the first eateries to break into 2021 Vodega in West Brighton. Tariq Zaid of Richmond Hood Co. fame and Hany Shaarawy co-own the soon-open 24-hour vegan deli at 829 Castleton Ave. The first day is Saturday, Jan. 9 making it the premier food operation to open for the New Year.