A group of investors, including QED Investors; VentureFriends, InMotion Ventures, AlleyCorp and u.ventures, led a £15m round in Carmoola, a UK-based fintech company. “We are incredibly excited about this new investment. It's a testament to the hard work of our team and the clear value we bring to car buyers by doing things differently. Carmoola came about because we could see that the used car finance market was broken, but the status quo suited traditional lenders just fine, so nobody was doing anything about it," Aidan Rushby, Carmoola Co-Founder and CEO.