3 years ago

Raylo Secures €124 Million to Expand Sustainable Tech Subscription Model

  • Raylo, a UK-based fintech startup, has raised over €124 million in debt financing from NatWest to fuel its circular, subscription-based approach to tech products

  • The company has also earned B-Corp certification for its sustainable approach to tech ownership

  • Raylo's platform allows companies to embed a subscription model into their payment processes, enabling consumers to access the latest technology in a financially and environmentally responsible way

  • The funding will be used to support growth, product expansion, and further sustainability objectives.

      • ProblemFinancial Services

      "making high-value consumer electronics affordable and sustainable for consumers"

      Solution

      "Raylo's platform allows consumers to access premium tech products on a subscription basis, promoting a circular economy and reducing e-waste"

      Covered on