BlaBlaCar secures €100 million revolving credit facility

BlaBlaCar secures €100 million revolving credit facility

BlaBlaCar, a leading community-based travel app, has secured a €100 million revolving credit facility to fuel its growth ambitions. This brings BlaBlaCar's total funding to over €637 million.

• About BlaBlaCar: BlaBlaCar enables 27 million active members a year to share a ride in 21 countries. Its technology matches drivers with empty seats with passengers heading the same way, allowing them to share the cost of the trip.

• Achievements and Growth Strategy: BlaBlaCar reached profitability over the last 24 months. The company is consolidating its multimodal strategy and reducing travel's carbon footprint by 2 million tonnes of CO2 in 2023.

• Recent Developments and Acquisitions: In 2019, BlaBlaCar acquired Ouibus, leading to the establishment of the BlaBlaCar Bus network across Western Europe.

BlaBlaCar continues to bring its vision of more sustainable and inclusive mobility to individuals, companies, governments, and other stakeholders in the transition towards shared mobility.