Millennium Mobility, through its Lima Bikes and Lizzo brands, helps ride-hailing and delivery drivers in Peru get financing to buy a motorcycle or car — even if they wouldn't qualify for a loan from a traditional bank. It uses its own AI-based system to evaluate applicants and structures repayments as weekly installments that match how gig workers actually get paid, rather than the fixed monthly payments banks typically require.
The company has secured a USD $40 million credit facility from Accial Capital to expand its vehicle financing across Peru.
