Splend, a Sydney-based firm that leases vehicles to Uber drivers in Australia and Britain, has secured a $300 million debt financing facility from Macquarie to add thousands of electric vehicles to its fleet.
Founded in 2015 by former Financial Review Young Rich Lister Chris King, Splend provides car rental and finance packages to ride-share drivers in seven cities across Australia as well as London.
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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com
