EV lending mgmt platform Finayo raises funding from iAngels

Finayo, a Gurugram-based electric vehicle (EV) asset and lending management platform, has attracted funding from iAngels Network backed by India Accelerator. Established in 2022, Finayo aims to simplify the financing process for lenders, original equipment manufacturers (OEMs), dealers, and EV buyers. The platform's technology automates the entire loan life cycle, from loan origination to disbursement, collection, repossession, and resale.