Kovi
Kovi is a fintech company based in São Paulo, Brazil, specializing in car rental and sales with flexible plans including options for new and used vehicles.
Company Overview
Kovi is a fintech company based in São Paulo, SP, Brazil, operating within the credit and lending sub-industry. With a team size of 890, Kovi provides car rental and purchase services primarily targeting markets in Brazil, Latin America, and remote regions. Their business model focuses on offering flexible plans for car rentals and purchases, all facilitated through a completely online contracting process. Notably, Kovi was a part of the Y-Combinator batch in Winter 2019.
Car Rental Plans
Kovi offers a range of car rental plans tailored to different needs. The 'Kovi Anual' plan allows annual car rentals, while the 'Kovi Mensal' plan caters to monthly rentals. Another distinctive option provided by Kovi is the 'Kovi Próprio' plan, which combines car subscriptions with a purchase option. These plans include services, protections, and documentation, and offer flexible payment options via credit card, PIX, or bank slip. Additionally, Kovi provides benefits like the first week free for used cars under certain plans and a 50% discount on the first week for monthly rentals.
New and Used Vehicle Options
Kovi offers diverse vehicle options to its customers, including both new and used (seminovos) cars. Their services are designed to cater to various customer preferences and budgets. Customers can opt to pay for the kilometers they drive or choose an unlimited kilometer plan, providing further flexibility.
Online Contracting and Payment Options
The contracting process at Kovi is entirely online, making it user-friendly and accessible. Payment options are versatile, allowing customers to use their own or third-party credit cards, PIX, or bank slips. This streamlined process ensures that customers can quickly and efficiently finalize their car rental or purchase without the need for physical paperwork or in-person visits.
Physical Locations and Media Features
While Kovi’s contracting process is entirely online, they also maintain physical stores in São Paulo and Rio Grande do Sul, Brazil. Kovi has garnered attention from notable media outlets, being featured in Exame, Forbes, Época Negócios, and Estadão. These features underscore the company's impact and presence in the fintech and car rental markets.