Naran Raises $10M Debt Financing
Naran raises $10M in equity and debt from Landel to scale its rent-to-own vehicle financing platform for drivers across Africa and Latin America.
Naran Raises $10M Debt Financing
Naran, a UAE-based mobility financing platform, has raised $10M in a mix of equity and debt from Landel. The company provides rent-to-own vehicle financing for ride-hailing and delivery drivers across Colombia, Peru, Senegal, and Côte d’Ivoire.
Investors
The funding was provided by Landel.
Naran Use of Funds
Naran plans to use the capital to scale its rent-to-own vehicle financing operations and expand its fleet management software to third-party fleet operators, in addition to pursuing asset-backed expansion and potential acquisitions.
About Naran
Founded in 2025 by Bayaskhalan Alexeev and Alexander Gubarev, Naran is a mobility financing platform that helps independent drivers access vehicles. The company partners with ride-hailing platforms like Yango and inDrive while managing onboarding, payments, and vehicle telematics through its proprietary software.
Funding Details
Company Website: https://naran.global
Company: Naran
Raised: $10M
Round: Debt Financing
Funding Date: August 14, 2026
Lead Investor: Landel
Software Category: Mobility Fintech
Source: https://launchbaseafrica.com/2026/08/14/africa-to-latam-busy-mobility-fintech-route-gets-a-yango-mafia-boost/
