Percent is pleased to announce the successful closing of the first private credit offering by Leasy, a Peruvian fintech leasing company. This is the first borrower on the Percent platform from Peru, expanding our geographic footprint in both South America and across the globe.
As of November 9, Percent investors successfully allocated $1,129,172 into Leasy’s inaugural offering, gaining exposure to the company’s client portfolio of Peruvian automobile leases at 17% APY across a 36-month term. Leasy utilized Percent’s customizable Borrower platform for the transaction, accessing a wealth of workflow and organizational tools, and data streams to aid in their access of flexible capital.
Founded in 2018, Leasy leverages its tech-enabled underwriting to provide vehicles to rideshare drivers for platforms such as Uber. Leasy makes vehicle ownership more accessible through its unique lease-to-own model and has provided the opportunity for hundreds of new and existing drivers to increase their incomes by having access to Leasy’s fleet.
To learn more about Leasy’s business, read our recent Q&A with CEO Gregorio Gilardini.