With its leasing software, LeaseTeq enriches the Swiss market with the first completely digital, bank-independent leasing offer. The Schwyz-based company raised CHF 8 million in a first closing of its Series A financing round.
Despite being profitable, the leasing industry has been slow to innovate, and LeaseTeq is at the forefront of this digital shift in German-speaking Europe. The company aims to offer a seamless and paperless experience for end customers and clients, such as OEMs, dealers, or partners. The platform streamlines every aspect of the leasing process, from application, approval, servicing to funding. This eliminates the need for paperwork, reduces processing times, and minimizes manual work.
The successful completion of the financing round, which was led by Vi Partners with the participation of Anker Capital, N & V Capital and Monte Carlo Capital and further investors will allow LeaseTeq to take bigger steps in the DACH region and beyond.
“At Vi Partners, we believe in LeaseTeq's approach to disrupt the leasing landscape by cutting down the time to contract to 15 minutes while maintaining the highest client qualification standards”, comments the Vi Partners team in a post on LinkedIn.
Robert Oudmayer, Chairperson, and shareholder of LeaseTeq comments: “We are extremely grateful for the confidence that all investors have placed in us as a team and in our vision. Beyond the capital infusion, our investors bring a wealth of knowledge, experience, and industry insight that will be crucial as we continue to grow. We are excited to work closely with them and leverage their expertise to drive our mission forward.”
(Press release / SK)
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