Planet42 has raised debt and equity funding from Standard Bank to help the rent-to-buy start-up repay costly euro loans.
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Naspers is backing rent-to-buy car firm Planet42 in a $100-million debt and equity fundraising.
Naspers Foundry has invested R54-million in car subscription company Planet42 as part of a R91-million total equity funding round.
Naspers expects e-commerce and other digital platforms to inject R91.4-billion into the South African economy by 2035.