The Glasgow-based group said its parent company, Digital Impact, will contribute another £200,000 to the company, which says it will allow users to compare 50 million vehicle leasing deals.
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Co-founder and chief executive Will Craig said: “In the UK you can compare hundreds of electricity and gas packages, thousands of broadband deals. That you can’t compare leasing deals is mind-boggling.”
He added: “Moving forward, we’re tremendously excited to be working with Scottish Enterprise and plan to grow Lease Fetcher into a global market leader.”