#Japan #Tokyo #GeNiE #Premier Mobility #Car Premium App

GeNiE's Partnership with Premier Mobility

GeNiE Inc., headquartered in Chuo-ku, Tokyo, has recently announced its business partnership with Premier Mobility Service Co., Ltd., located in Minato-ku, Tokyo. This alliance aims to integrate GeNiE’s specialized embedded finance service, "Money Lamp," with Premier Mobility’s offerings, specifically within the "Car Premium App". This collaboration marks an innovative shift in automotive financing, set to launch on May 22, 2025.

Introducing Money Lamp

GeNiE is a subsidiary of ACOM Co., Ltd., a leading consumer finance company in Japan. The concept of embedded finance revolves around companies incorporating financial services directly into their core service offerings. With their platform, Money Lamp, GeNiE empowers businesses to add lending capabilities to their existing services. This function will be specifically tailored to the needs of Premier Mobility's customers, thereby enhancing their overall automotive experience.

Premier Mobility Service is a consolidated subsidiary of Premier Group, a comprehensive automotive services company. They support automotive sales and maintenance businesses and are dedicated to providing various services that enrich customers' car ownership experiences. The integration of Money Lamp into the Car Premium App signifies an important milestone in offering users seamless, on-demand financing solutions.

The Car Premium App offers users a comprehensive way to manage all aspects of their automotive needs, including information on vehicle maintenance, insurance, and upcoming service dates, directly through their smartphones. Through this app, users will now also have the ability to access personalized lending options through Money Lamp, thus providing substantial value in financing their car-related expenses.

Features of the Car Life Support Service

The new lending service, known as "Car Life Support," will cater to the financial needs of users from ¥1,000 upwards. Borrowers can expect a streamlined application process with a maximum turnaround time of 15 minutes for approval, thanks to GeNiE’s efficient real-time assessment capabilities. This allows for rapid disbursement of funds, whether addressing unexpected repair costs or planning for travel expenses. The service promises to be a convenient solution for users managing their car-related financial requirements.

Car Premium App Functionality

The Car Premium App aims to simplify the traditionally cumbersome process of managing automotive documentation and history. From repair warranties to maintenance records and insurance details, all vital information will be easily accessible via this mobile application. Users will receive timely notifications regarding inspections, oil changes, and overall vehicle maintenance as part of a comprehensive digital user experience.

In addition to these features, users can locate nearby service centers and make appointments, effectively bridging the gap between online support and real-world automotive needs.

Future Prospects

This partnership not only enhances the Car Premium App but also signifies GeNiE's commitment to supporting Premier Mobility's mission of improving customer service and satisfaction. As they work together to introduce these solutions, users can look forward to a richer, more convenient car ownership experience backed by innovative financial technologies.

About GeNiE Inc.

• - Founding date: April 1, 2022
• - Location: 4-3-5 Hachobori, Chuo-ku, Tokyo
• - Website: GeNiE

About Premier Mobility Service

• - Founding date: January 22, 2020
• - Location: 2-10-4 Toranomon, Minato-ku, Tokyo, 19th floor, Okura Prestige Tower
• - Website: Premier Mobility

Conclusion

As GeNiE and Premier Mobility move towards the launch of the Car Life Support service, the integration of lending capabilities into the Car Premium App represents a significant step forward in the automotive industry. It exemplifies how embedded finance can revolutionize consumer experiences, providing essential financial support at users' fingertips.