Naran offers rent-to-own financing for cars and motorcycles with repayment terms typically ranging from 12 to 60 months and purchases vehicles directly from manufacturers. It pairs financed vehicles with verified drivers through partnerships with ride-hailing and delivery platforms including Yango and inDrive. The company has developed an in-house fleet management system covering onboarding, payment scheduling, utilization tracking, telematics and maintenance to operate across markets on a unified technology platform. Founded in 2025 by Bayaskhalan Alexeev and Alexander Gubarev, Naran currently operates in Côte d’Ivoire, Colombia, Senegal and Peru and plans to launch in Paraguay in September 2026. Management plans to expand into MENA and reach 10 countries by 2030, create 30,000 income opportunities and deploy 10,000 cars and 20,000 motorcycles, while developing broader asset-backed fintech products and eventually opening its platform to third-party fleet operators.

Total raised

$10M

Funding rounds

2

Latest round

Equity

Latest activity

Aug 2026