Societe Generale acquires online car buying platform

Societe Generale supports changes in automotive and financial services consumption

Societe Generale

Societe Generale acquires online car buying platform. Source: pexels.com

Societe Generale Group reports the acquisition of Reezocar, a French platform specialized in the online sale of used cars to individuals. This move strengthens the existing partnership and the potential for synergies with the Group’s business.

Reezocar will be able to provide its clients with a more full offer for the use of a new or used vehicle, in particular in the areas of finance and insurance. It will rely on the Societe Generale power to speed up its development in France and globally.

Reezocar is one of the key French digital platforms. It supports private buyers searching for a used car from major European markets including France.

Reezocar’s mission is to simplify, secure, and streamline the customer journey in order to offer the best possible shopping experience. We are proud to join Societe Generale Group and to pool our know-how to continue our development. Tristan Pillon together with us and the whole Reezocar team are committed in this new stage in our history. Our ambition is to provide our customers with an enhanced offer and to continue our strong growth
Laurent Potel, co-founder and CEO, and Vincent Deboeuf co-founder and CTO, of Reezocar

We’ve reported that Uber has partnered with Marqeta to provide payments infrastructure and global cards.

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Tags: France