F MEC International partners Finayo to disburse Rs 25 crore for EV financing

F MEC International Financial services, an RBI-registered NBFC has partnered Finayo, an AI-powered SaaS technology EV lending platform to strategically disburse Rs 25 crore within the next 12-18 months.

The disbursement is aimed at climate financing space and drive EV penetration in the country.

With allocated funds Finayo will accelerate sustainable mobility and financing in the two-, three-wheeler, and e-rickshaw segments.

Apoorve Bansal, MD, F MEC International Financial Services said, “Witnessing the potential of Finayo as a trailblazer in the EV financing and asset management ecosystem,

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