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Genie Financial Services

alternative financeAsia 26-10-2026

Carro unlocks S$450m securitisation backed by Singapore car-loan receivables

Asia-Pacific automotive marketplace Carro has established a S$450m (approximately US$352m) asset-backed securitisation warehouse, opening a new institutional funding channel against vehicle-finance receivables originated in Singapore. The facility, announced on 22 October, is backed by hire-purchase receivables generated by Genie Financial...

#asset-backed securitisation#automotive receivables#Carro

Carro unlocks S$450m securitisation backed by Singapore car-loan receivables
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