Mundimoto

Based in Spain and founded in 2019 by CEO Josep Talavera and Co-founder Alberto Fossas, Aj Motor Europa Sl, doing business as Mundimoto, operates as a trading platform for two-wheelers that provides used bikes, new bikes, and bike rentals. In October 2023, Mundimoto raised EUR 6 million in venture debt funding from BBVA Spark. Mundimoto provides reconditioned bikes such as sports bikes, tour bikes, scooters, and naked and tail bikes. The company offers renting facilities through its platform as per requirements.

In addition, the company provides finance facilities through collaborating financial institutions. Mundimoto offers delivery and shipment facilities for its customers, as well as reconditioning services for bikes and scooters. As of 2023, the company had sold over 4,000 vehicles through its platform. Mundimoto allows its customers to book, rent and use recondition facilities from its mobile devices as well.

The company generates revenue by trading bikes, renting motorcycles, and providing rental services. The company offers bikes on a six-month, 12-month, and 24-month subscription basis; prices vary depending on the bike and model. The firm charges EUR 200 as a reserve charge for second-hand bikes. The company intends to use the October 2023 funding to support business expansion.