Donkey Republic secures EUR 5 million in debt for vehicle financing through Nefco
Donkey Republic raises 5m EUR via a loan agreement with Nefco, the Nordic Green Bank. The money will be used to finance the renewal and expansion of Donkey Republics bike fleet across Europe.Company Announcement No. 10 2022Today more than 70% of Europeans live in cities and therefore transforming the way we move is critical in achieving a sustainable future. Donkey Republic has signed a loan agreement with Nefco, the Nordic Green Bank, that finances the initial scale-up of Nordic green solutions on global markets. The money will be used to purchase approximately 6.000 bikes and e-bikes