FinFirst App Signs Up Ali Alghanim and Sons Automotive Company

May 11, 2021

FinFirst Capital has signed a partnership deal with Kuwait’s leading premium cars importer and distributor Ali Alghanim and Sons Automotive  Company, which will see it promote its five automotive brands – BMW, Mini, Land Rover, McLaren and Geely – on the new, FinFirst secure mobile app-based marketplace from November.

The partnership agreement means that users of the FinFirst super app who are over 18 years of age will be able to select, buy and apply for finance in collaboration with banks, from Ali Alghanim and Sons Automotive extensive range of new and certified used vehicles in less than 10 minutes.

“This is yet another offering that simplifies and accelerates financial services for industries and consumers alike, “Afrah Al Hubail, COO of FinFirst capital in Kuwait.

Auto Financing is one of our four service streams offered via FinFirst, which is revolutionising the industry providing transparent financial services at a customer’s fingertips. The other streams are business banking, consumer banking and insurance.

“The partnership with Ali Alghanim and Son Automotive, which is one of the most respected business names in Kuwait, demonstrates the standing that FinFirst Capital is accruing in the local marketplace,” added Afrah Al Hubail. “The app is proving its immediate growth value for partners by acquiring real time buyer prospects among FinFirst’s 4000 plus customer base and it customer criteria matching capabilities.”

To date, FinFirst has notched up 100% week-in-week transactions growth and now has processed 120 loans applications valued at KD 4 million (US 14 million).

Kuwait-headquartered FinFirst Capital has international ambitions for the FinFirst app planning to lead in five countries, partnering 30 banks and 30 insurance companies and all car agencies by the end of 2021 closing US $100 million in financial transactions.

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