Africa's vehicle market is one of the fastest-growing in the world — yet over 85% of transactions happen through informal, unverified channels with no financing, no transparency, and no trust layer.
Banks across the continent receive thousands of vehicle loan applications annually — and reject most due to poor documentation, unverified income, and incomplete applications. The demand exists. The infrastructure does not.
Carvan is the structured digital layer that fixes this — connecting verified buyers, verified dealers, and partner banks in one end-to-end platform. Asset-light, high-margin, infinitely scalable across every African market.
The analogy is clear: Stripe for payments. AutoTrader for listings. Carvan for African auto-fintech. First mover. First-principles design. Built for the continent.
| Platform | Verified Dealers | AI Pre-Qualification | Bank Referral | Uganda Market | Pan-African Scope |
|---|---|---|---|---|---|
| CarvanUS | ✓ | ✓ | ✓ | ✓ Launch | ✓ Vision |
| Jiji (Classifieds) | ✗ | ✗ | ✗ | ~ Limited | ~ Partial |
| OLX Africa | ✗ | ✗ | ✗ | ✗ | ~ Partial |
| AutoTrader (SA) | ~ Partial | ✗ | ~ Partial | ✗ | ✗ SA only |
| Direct Dealer (Informal) | ✗ | ✗ | ✗ | ✓ Dominant | ✗ |
Carvan is building for global investors who understand Africa, believe in structured fintech, and want first-mover exposure to a $40B+ market that is still 85% informal.
This page is for informational purposes only and does not constitute an offer to sell securities. Investment in Carvan Technologies Ltd involves significant risk. Prospective investors should conduct their own due diligence and seek independent legal and financial advice.