Drive Finance
Drive Finance is an Egyptian non-banking financial services company and subsidiary of GB Capital that provides automotive, consumer, and factoring financing through a 850+ dealer network and digital platform, serving 250,000+ individual and commercial clients across Egypt.
- Company typePrivate
- Founded2014
- HeadquartersCairo, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What Drive Finance does
Drive Finance (legally Drive Automotive Financing Company) is an Egyptian non-banking financial services company specializing in automotive financing. Founded in 2011 and headquartered in New Cairo, the company operates as a subsidiary of GB Capital, the financial services investment arm of GB Corp, an Egyptian conglomerate. Its product portfolio centers on vehicle financing — new car loans, used car loans, loan-against-car (cash-back) products, auto refinancing, and commercial fleet financing — and has been broadened to include consumer finance and factoring portfolios supported by 30+ premium financing programs. Drive Finance serves both individual consumers and commercial fleet operators across Egypt, reporting a cumulative base of 250,000+ clients and a distribution network of 850+ automotive dealer partners.
The company runs a digital-first platform consisting of iOS and Android mobile applications for loan application, tracking, and account management, a website with an online loan calculator, and a physical branch network for in-person servicing. A dedicated direct sales team handles commercial fleet customers. Revenue is generated primarily through interest income, loan origination fees, and factoring fees on its lending book; specific pricing is not publicly disclosed, with customers directed to apply online or visit branches for personalized quotes. Distribution is multi-channel: dealer-originated point-of-sale loans, digital self-serve acquisition, and branch-based servicing.
In November 2025, Drive Finance signed an EGP 5bn (~USD 105M) seven-year syndicated credit facility with a consortium of six Egyptian and regional banks — the first syndicated loan ever granted in Egypt's non-banking financial sector — earmarked to expand its consumer finance, auto financing, and factoring portfolios. The company is privately held with no public equity listing and no disclosed minority investors. An auto refinancing services expansion into the United States was announced for June 2026 under the 'Drive Point Exchange' brand, indicating the first cross-border move beyond Egypt.
Drive Finance firmographics
Firmographics- Name
- Drive Finance
- Legal name
- Drive Automotive Financing Company
- Website
- https://drive-finance.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Drive Finance is an Egyptian non-banking financial services company and subsidiary of GB Capital that provides automotive, consumer, and factoring financing through a 850+ dealer network and digital platform, serving 250,000+ individual and commercial clients across Egypt.
- Ownership category
- akta.pro rank
Drive Finance industry classification
Industry- Product category
- Auto Finance
- NAICS
- Sales Financing (522220)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro industry
- New & Used Auto Purchase LoansFleet & Commercial Vehicle FinanceAuto Title Loans (Vehicle-Backed Short-Term)
Keywords
Where Drive Finance is headquartered
LocationHeadquarters
- HQ city
- Cairo
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Drive Finance business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Auto Loan Financing: Drive Finance generates revenue through interest and fees charged on automotive loans for new and used vehicles, as well as commercial fleet financing. Interest income and loan origination fees form the primary revenue stream.
- Consumer Finance and Factoring: The company extends consumer finance and factoring portfolios, generating revenue from interest income and factoring fees on receivables.
- Auto Refinancing Services: Auto refinancing services generate revenue through refinancing fees and interest rate differentials when helping drivers restructure existing vehicle loans.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | New Car Loan - financing program for purchasing new vehicles |
| Other | Monthly | Used Car Loan - financing program for purchasing pre-owned vehicles |
| Other | Monthly | Loan Against Car - financing using existing vehicle as collateral |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
Drive Finance product offering
Product offeringCore offering
Drive Finance provides automotive financing solutions to individual consumers and commercial fleet operators, primarily in Egypt. Its core offerings include new car loans, used car loans, loans against existing vehicles (cash-back financing), commercial fleet financing, consumer finance, factoring services, and auto refinancing products. The company distributes its loan products through a network of 850+ automotive dealers, its own branch network, and a digital platform comprising a website and a mobile application.
Product overview
Drive Finance operates as an automotive finance corporation offering a unified platform of vehicle financing products and services. The portfolio centers on core loan products including New Car Loans, Used Car Loans, and Finance Your Own Car (cash-back/loan against vehicle) programs. The company also offers Auto Refinancing Services for existing vehicle owners seeking better loan terms. Supporting its consumer finance operations, Drive Finance provides Consumer Finance and Factoring portfolios, along with Commercial Fleet Financing for business clients. The company leverages a mobile application for customer access, loan calculators for financial planning, and maintains a network of 850+ automotive dealers across Egypt. The company is a subsidiary of GB Corp (GB Capital) and serves over 250,000 clients nationwide through 30+ premium financing programs.
Differentiator
Problem solved
Functional benefit
Products and services
- New Car Loan Financing program enabling individual customers to purchase new vehicles through loan coverage, offering personalized financial solutions with monthly installment billing.
- Used Car Loan Financing solution for customers seeking to purchase pre-owned vehicles, providing flexible loan terms with monthly installment billing.
- Loan Against Car (Finance Your Own Car) Cash-back financing program that allows customers to access funds by using their existing vehicle as collateral, without having to sell the car.
- Auto Refinancing Services Service designed to help vehicle owners restructure existing auto loans to obtain lower monthly payments and better loan terms.
- Commercial Fleet Financing Financing program for businesses to acquire and manage multiple commercial vehicles, addressing working capital needs for fleet operations.
- Consumer Finance Portfolio Consumer finance offerings including personal and retail financing solutions, part of the company's broader financial services portfolio.
- Factoring Portfolio Factoring financial services supporting business liquidity and working capital needs through receivables financing.
Quantifiable outcome
- 250,000+ satisfied clients nationwide
- +3 more outcomes
Companies that use Drive Finance
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles3 records
Drive Finance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Drive Finance partnerships and signals
Strategic signalScale indicators6 records
Recent moves7 records
Expansion highlights6 records
Drive Finance competitors and assessment
Company assessmentRegional players
- Contact Cars: Major Egyptian automotive marketplace that has expanded into financing and listing services for new and used vehicles; competes with Drive Finance for dealer relationships and consumer financing mindshare in Egypt.
Direct peers
- valU: Egyptian BNPL and consumer finance provider (EFinance subsidiary) offering installment plans for vehicles and consumer goods; competes head-to-head with Drive Finance's consumer finance and used-car loan products.
- RefiJet: US auto refinancing marketplace helping consumers lower monthly payments; directly comparable to Drive Point Exchange's stated US auto refinancing offering.
- Sarwa Capital: Egyptian non-bank financial services company offering consumer finance, factoring, and auto/vehicle financing solutions, directly competing with Drive Finance in the Egyptian NBFC auto lending market.
Emerging players
- Fawry: Egypt's leading digital payments and consumer finance platform expanding into BNPL and installment lending, increasingly overlapping with Drive Finance's consumer credit and auto financing offerings.
- MNT-Halan: Egyptian fintech offering consumer and SME lending, including vehicle-backed financing, serving similar thin-file consumer segments in Egypt through digital channels.
- Lendbuzz: US-based fintech focused on auto financing and refinancing for near-prime and non-prime borrowers; closely comparable to the US auto refinancing business Drive Finance is launching through Drive Point Exchange.
Broad incumbents
- Ally Financial: Major US digital-first auto lender and refinancing provider; comparable to the US refinancing expansion (Drive Point Exchange) given its direct-to-consumer auto refinance and dealer-originated lending model.
- Emirates NBD Auto Finance: Large UAE-based bank offering auto financing products across the MENA region, including Egypt; provides competitive deposit-funded auto loans that overlap with Drive Finance's customer segments.
- Commercial International Bank (CIB Egypt): Egypt's largest private-sector bank offering auto loans and consumer finance at scale with lower funding costs; represents the principal bank-based competitive threat to Drive Finance's consumer and auto lending business.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Drive Finance social profiles
Digital presenceDrive Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Drive Finance leadership team
Management profileNumber of profiles
Drive Finance funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Drive Finance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Drive Finance
What does Drive Finance do?
Drive Finance provides automotive financing solutions to individual consumers and commercial fleet operators, primarily in Egypt. Its core offerings include new car loans, used car loans, loans against existing vehicles (cash-back financing), commercial fleet financing, consumer finance, factoring services, and auto refinancing products. The company distributes its loan products through a network of 850+ automotive dealers, its own branch network, and a digital platform comprising a website and a mobile application.
Is Drive Finance a public or private company?
Drive Finance is a private company. It is classified as corporate owned and is currently operating.
When was Drive Finance founded?
Drive Finance was founded in 2014. It employs 251 to 500 people.
Where is Drive Finance based?
Drive Finance is headquartered in Cairo, United States, in the North America region.
How does Drive Finance make money?
Three revenue lines are on record. Auto Loan Financing is the primary driver. The others are consumer Finance and Factoring and auto Refinancing Services.
Who are Drive Finance's main competitors?
Contact Cars is listed as a regional player. Direct peers are valU, RefiJet and Sarwa Capital. Emerging players are Fawry, MNT-Halan and Lendbuzz. Broad incumbents are Ally Financial, Emirates NBD Auto Finance and Commercial International Bank (CIB Egypt).
Does Drive Finance have an API?
No public API is recorded for Drive Finance.
What industry is Drive Finance in?
Drive Finance's product category is Auto Finance. Its primary akta.pro industry code is FSAKADAA, New & Used Auto Purchase Loans, with a secondary code of FSAKADAE, Fleet & Commercial Vehicle Finance. Its NAICS code is 522220 and its SIC code is 6153.