by Adhya Singh -

MICROCAPITAL BRIEF: Planet42 of South Africa Raises $3.4m in Equity from Naspers, Expanding into Mexico

Planet42, a financier of vehicles that is based in South Africa, recently acquired USD 3.4 million in equity funding from Naspers Foundry, a unit of the global technology investor Naspers, which is also based in South Africa. Meanwhile, Planet42 is establishing its operations in

by Sai Bommineni -

MICROCAPITAL BRIEF: Rent-to-Own Car Financier Planet42 of South Africa Secures Final Tranche of $13m Debt, Equity Package

Planet42, a car financier in South Africa, recently secured the closing portion of a funding package arranged by Verdant Capital, an African financial advisory firm, totaling USD 13 million in debt and equity. The names of