Ooodles, a London, UK-based fintech company offering a SMEs a go-to, one-stop-shop device-as-a-service rental solution for tech hardware, raised $12M in funding.
The round was led by Smart Lenders Asset Management.
The company intends to use the funds to expand its circular offering across the UK ahead of plans to launch internationally.
Founded in 2021 by Leonardo Poggiali, Ooodles is a fintech company offering SMEs and professionals in the UK a flexible and convenient Device-as-a-Service rental solution for tech hardware. The monthly rental platform, FCA-regulated and compliant with commercial hire regulations, gives professionals access to high-end laptops, phones, and other business-critical IT tech. The fully-digital, end-to-end platform covers everything from credit approvals to inventory management and upgrades.
Initially launched with B2C rental for consumers and individual professionals, the system has organically expanded to a dedicated SME offering. They will now extend its services vertically, adding AI technologies, and evolve from what it is today, while it also has plans to expand internationally.
FinSMEs
09/11/2023