- Zeti secures £5 million from HYCAP Group to expand its clean transport fintech solutions.
- Funding will enhance Zeti Hub’s TaaS model, featuring pay-as-you-use options and real-time sustainability reporting.
- This partnership aims to meet rising demand for sustainable transport, supporting institutional lenders, fleet operators, and manufacturers.
The Zeti Hub is set for major growth with a £5 million investment from HYCAP Group
London-based fintech innovator Zeti has landed a £5 million investment from HYCAP Group, a UK specialist in net zero energy transition. The funding comes as part of Zeti’s series A financing round and will propel its growth journey.
Dan Saunders, Founder and CEO of Zeti, expressed excitement:
“We are delighted to welcome HYCAP Group as an investor into Zeti.
HYCAP have demonstrated their commitment to helping the transition to net zero. Their investment will further enhance our ability to offer flexible financing options to accelerate the adoption of clean transport solutions on a larger scale.”
Zeti will now join HYCAP’s portfolio of net zero assets, which includes notable companies like Wrightbus and Ryze. That will enhance Zeti’s Zeti Hub digital platform, which offers a fully financed, integrated Transport as a Service (TaaS) solution. The platform simplifies and reduces the costs of adopting clean transport solutions for businesses. Notably, it features a pay-as-you-use model and real-time sustainability reporting.
HYCAP’s Chief Investment Officer, Scott Lanphere, welcomed Zeti:
“Zeti represents the future of energy transition asset management, combining Software as a Service (SaaS), financial payments, and hard asset reporting.
If it can be measured, Zeti can show it in real-time. Its platform has applications well beyond mobility and brings the energy transition space into sharper focus. We are very pleased to be backing the company’s vision and execution.”
Zeti’s support has been instrumental to streamlining the net-zero transition, especially for businesses. The company has already been a key player in electrifying London’s taxi fleet. The growth of the Zeti Hub with support from HYCAP is set to dramatically expand the service’s reach. With all tech innovations, investment is key, and the active involvement of these sustainable fintech companies is powering the developing green economy.
