Spinny Raises $131 Mn To Expand NBFC Arm: Report

Spinny has raised $13.1 million to expand its NBFC arm, aiming to enhance its financing options for used car buyers. This funding will support Spinny’s efforts to provide more flexible and accessible financing solutions. The expansion of its NBFC arm will enable Spinny to offer a wider range of financial products. This move reflects Spinny’s strategy to improve the customer experience by offering comprehensive services. The funding will facilitate the company’s growth in the used car market. Spinny’s financial services are intended to streamline the car buying process. The investment will boost Spinny’s ability to offer financial products.