Mizuho, SoftBank dole out $500m loan to car leasing app Fair

Mizuho, SoftBank dole out $500m loan to car leasing app Fair

REUTERS/Issei Kato

Car leasing startup Fair said on Tuesday it had raised $500 million in loans from a group of creditors, including Mizuho Bank and Japan’s SoftBank Group Corp, as it looks to expand its leasing services to Uber drivers.