BlaBlaCar lands €100M credit facility to fuel growth
04/03/24, 12:14 PM
Location
parisMoney raised
€100 million
Industry
ride sharing
transportation
travel
Investors
Hsbc, Jp Morgan, Citi, Société Générale, Bnp Paribas
French carpooling unicorn BlaBlaCar has secured a €100 million revolving credit facility from a consortium of banks to accelerate its growth and explore acquisition opportunities.
Company Info
Location
paris, ile de france, france
Additional Info
BlaBlaCar is a Paris-based mobility company that disrupted the mobility sector in Europe with its carpooling platform. The company aims to aggregate all ground transportation methods, including carpooling, bus rides, and eventually train tickets.