The cutting-edge fintech app Motery, which is transforming the car-buying experience, is pleased to report that its seed funding round was completed successfully and that it is now valued at $8 million. This strategic investment will enable Motery to broaden its offerings and strengthen its standing as the automotive industry’s one-stop shop for online auto financing and purchases.
Motery streamlines the automobile purchasing process by enabling clients to buy cars online and providing them with customizable financing options. Our user-friendly platform allows customers to quickly look for the car of their dreams, evaluate financing options, and finish the transaction—all from the comfort of their own homes.
The recently obtained funds will help Motery improve its offerings, allowing us to take advantage of more transactions in Kuwait’s rapidly expanding automobile industry. In addition to demonstrating investors’ faith in Motery, this successful funding round supports our goal of becoming a pioneer in innovative automotive solutions.
“We are thrilled to have secured this funding at a strong valuation, which will allow us to accelerate our growth and continue innovating in the automotive space,” said Abdulla Al Ateeqi, Co-Founder of Motery. “Our mission is to simplify and elevate the car buying experience for consumers in Kuwait, and this investment is a crucial step toward achieving that goal.”
Eng. Mohammad Al Abdulsalam, Co-Founder of Motery, added, “This funding is a testament to our team’s hard work and dedication. We are excited to enhance our platform further, ensuring that our customers enjoy a seamless and efficient car buying process. Together, we are committed to driving the future of automotive financing in Kuwait.”
Motery is committed to offering outstanding customer service and cutting-edge technology that satisfy our clients’ changing needs as we set out on this exciting journey.
