Investment Type

Investment Type

Equity & Junior Debt

Sector

Sector

Rental/Hire

Date

Date

Dec 2022

Jurisdiction

Jurisdiction

UK

Who They Are

Raylo, a circular economy fintech company based in London, is revolutionising the way consumers use and dispose of electronics. By offering a consumer leasing platform, Raylo is driving sustainable consumption and reducing waste. Its platform operates on a cycle of refurbishment, reuse, and recycling, delivering a superior experience compared to traditional options, with the added benefits of lower costs and greater value for consumers.

Raylo has successfully built a dynamic and highly scalable platform and we are thrilled to support a very strong & experienced management that we believe have the right ambitions to guide the business through the next phase of growth. 

Quilam join Raylo’s list of impressive institutional equity providers through the support of a £40m facility to grow both its direct-to-consumer channel and its checkout integration for merchants (Raylo Pay). This will enable Raylo’s innovative risk platform, which utilises AI models and open banking data, to reach more customers than traditional methods whilst addressing a real issue for consumers through providing more affordable access to the latest technology.