Credit facilities · Mobility
Kavak secures $400m in credit facilities from Goldman Sachs and HSBC
The used-car platform secured two $200m facilities for its automotive lending business.
Kavak has secured two credit facilities of $200m each from Goldman Sachs and HSBC, founder Carlos García Ottati told Bloomberg.
The $400m in debt financing supports the company’s automotive credit business. Kavak combines a used-car marketplace with financing through Kuna Capital.
The facilities follow a separate $127m equity round co-led by SoftBank and General Atlantic. The equity investment closed in March 2025.
Use of funds
Expand automotive lending
Funding history
Credit facilities · This round$400M