Kuwait - Sharikat Mubasher: Motery, a 360 end-to-end digital automotive service platform based in Kuwait, raised a $8 million seed funding round to redefine car financing in the country.

Motery will allocate the investments to enhance its innovative services, expand its reach, and cement its reputation as Kuwait’s premier destination for streamlined automotive transactions, the company announced in statement today.

The platform offers consumers a seamless, fully online car buying and financing solution, empowering them to explore, compare, and purchase vehicles with flexible financing options.

Abdulla Al Ateeqi, Co-Founder of Motery, stated that the investment reflects the trust in the company’s vision and enormous potential. “Our mission is to simplify and elevate the car buying experience, and this funding takes us one step closer to achieving that,” Al Ateeqi said.

On his part, Co-founder Mohammad Al Abdulsalam commented: “This achievement is a testament to our relentless dedication and innovation. With this backing, we will continue to refine our platform, ensuring an effortless and efficient car purchasing journey for our customers. We’re committed to driving the future of automotive financing in Kuwait.”

By integrating advanced technology with customer-centric services, Motery simplifies car purchases and financing, offering unparalleled convenience and flexibility.