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06/06/2025 Banking Innovation
Facilitea Coches is the first digital platform that unites the automotive and financial sectors in a single platform.
Innovation details
Country
Spain
Category
Business Model Innovation
Keyword
Digital channels & Omnichannels, Beyond financial services & ecosystems, Car & Mobility insurance, Mobility

Innovation presentation

Facilitea Coches aims to digitally transform the automotive sector, one of the oldest industries. It has achieved this by combining two key elements of the vehicle purchasing process: the product and financing

The project has succeeded in uniting all Spanish car dealerships on a single platform, democratizing access for small and large dealerships. Until the launch of Facilitea Coches, this could be achieved on platforms like Coches.net, but Facilitea Coches' innovation lies in the fact that customers have access to the catalog and financing options, making it a complete purchasing experience.

This is the first platform to enable this process, offering customers the opportunity to complete the purchase of a financed vehicle through a single point of contact.

In addition, Facilitea has incorporated the "finalist" loan for the first time, eliminating the need for paperwork during the purchasing process and ensuring the financing is used for the intended purpose.

To integrate all dealerships in Spain, Facilitea has implemented API integrations with all CRMs/DMSs on the market, thus offering an API suite compatible with any car dealership/manufacturer.

By having our entire dealer network integrated, we allow all customers in the region to purchase from any dealership in Spain. This offers customers a greater chance of finding the vehicle they want and dealers the opportunity to sell outside their territory.

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