Autochek acquires a majority stake in Egypt’s AutoTager Autochek has acquired a majority stake in Egypt’s AutoTager to strengthen pan-African footprint, ten months after it expanded into North Africa. This is its second acquisition in the region.
Autochek launches fintech arm to accelerate vehicle financing in Africa Autochek has launched a financial services arm to focus on providing a range of vehicle financing solutions for consumers and businesses in Africa.
Vehicle financing in Africa amidst the Russia-Ukraine war “Once there is a challenge with new cars, it affects the supply of used cars—more than 95% of vehicles in sub-Saharan Africa are used cars.”
Autochek acquires KIFAL Auto to drive its North African expansion Autochek has acquired KIFAL Auto to drive its expansion into North Africa. The acquisition is arguably the first major expansion of a West Africa-based startup into the region.
Autochek secures $13.1m seed fund to scale its technology and accelerate expansion The capital will be deployed to bolster its core auto loan processing platform and deepen its footprint in West Africa, starting with its recent entry into Cote d’Ivoire.
Autochek Starts Operations in Kenya Leading African automotive technology company, Autochek has begun its operations in Kenya. Bilhah Muriithi was appointed to lead its operation as the Country Manager.
Autochek acquires Cheki Kenya and Cheki Uganda from ROAM Africa AutoChek has reached an agreement with ROAM Africa to acquire Cheki Kenya and Cheki Uganda as part of its plans to expand further into the African Market