CyberAgent Capital has invested in Carbase, a fintech aimed at revolutionizing financing solutions for the Japanese used car industry.

Information on the Target

Carbase Inc., headquartered in Minato, Tokyo, is dedicated to establishing a new financial infrastructure in the used car sales industry. Their mission revolves around addressing the challenges of cash flow management faced by used car dealers. Despite possessing a significant asset in their inventory of vehicles, dealers often encounter obstacles in securing timely financing through traditional financial institutions. This is primarily due to the inability of these institutions to promptly assess the liquidity and asset value of each vehicle.

Carbase offers 'carbase Finance', a service developed on a proprietary data platform that allows for rapid valuation of vehicle assets, enabling dealers to transform inventory into cash in as little as 10 minutes without liquidating their stock. This innovative solution liberates businesses from cash flow constraints, thereby maximizing their investment potential and opportunities for growth in a competitive market.

Industry Overview in the Target’s Specific Country

The used car sales industry in Japan faces unique challenges stemming from its historical reliance on traditional financing avenues, which are often slow and cumbersome. This has led to missed opportunities for dealers who co