NIBC closed an innovative and bespoke debt financing solution for Cluno
NIBC Germany has closed an innovative and bespoke debt financing solution for Cluno, a German car subscription fintech company. Cluno sells mobility-as-a-service to their clients in an easy and simple way, perfectly fitting the subscription economy trend. With Cluno X the company also serves the premium clientele, enlarging their product offering.
The tailor-made and scalable financing framework provided by NIBC allows Cluno to continue growing their asset base of vehicles and expand their footprint in the car subscription market.
“We see the development of the subscription economy as an important economic trend, asking for new financing solutions. We are very happy to support Cluno on this journey.” - Vincent Dobbelaar of NIBC’s FinTech & Structured Finance team in Frankfurt