Shekel Mobility

Shekel Mobility

B2B marketplace enabling auto dealers to grow with flexible inventory financing and management solutions. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD20—30m (Dealroom.co estimates Nov 2023.)
Lagos Lagos (HQ)
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Shekel Mobility is a dynamic startup that operates a B2B (business-to-business) marketplace specifically designed for auto dealers. The company provides flexible inventory financing and comprehensive management solutions to help auto dealerships grow their businesses. Shekel Mobility serves auto dealers who need financial support and efficient tools to manage their inventory and operations.

The market Shekel Mobility operates in is the automotive industry, focusing on the dealership segment. This market is highly competitive and requires innovative solutions to help dealers maintain and expand their inventory, streamline operations, and ultimately increase sales.

Shekel Mobility's business model revolves around providing a platform where auto dealers can access inventory financing. This means that dealers can borrow money to purchase more cars, which they can then sell. The platform also offers tools to manage various aspects of the dealership business, from tracking transactions to paying bills, all in one place.

The company makes money by charging fees for the financing services it provides. These fees could be in the form of interest on the loans or service charges for using the platform's management tools. By offering these services, Shekel Mobility helps dealers increase their sales volume and improve their business operations, which in turn generates revenue for the company.

In summary, Shekel Mobility is a startup that empowers auto dealers by providing them with the financial resources and management tools they need to grow their businesses. The company operates in the automotive dealership market and makes money through fees associated with its financing and management services.

Keywords: Auto Dealers, Inventory Financing, B2B Marketplace, Automotive Industry, Business Growth, Management Solutions, Streamlined Operations, Financial Support, Sales Increase, Comprehensive Platform.