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Raylo
United Kingdom · Consumer
Raylo provides device subscriptions and subscription infrastructure for electronics brands.
Product
Raylo is a UK electronics subscription company that lets consumers and businesses access devices through recurring payments. Customers can upgrade, continue renting or return equipment at the end of their chosen term, while devices can enter further use cycles.
The business also supplies infrastructure that helps electronics brands offer subscriptions, combining credit and fraud assessment, financing and device lifecycle management. Its brand partnerships span phones, computers, gaming and home electronics, including Apple, PlayStation, Dyson and LG.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Equity and debt financing | £30M | Citibank — LeadNatWest — Participant |