Finalrentals Expands into South America with New Partnerships in Argentina and Chile

Cardiff-based Finalrentals, a leading vehicle rental platform and graduate of the FinTech Wales Foundry Accelerator (Season 2), has made a significant step in its global expansion by securing its first partnerships in South America.

Following a year of phenomenal growth in 2024, Finalrentals will now operate in Argentina and Chile, further strengthening its presence across international markets.

Expanding into Key South American Cities

In Argentina, Finalrentals has secured partnerships in Cordoba and Mendoza, two of the country’s largest cities. Meanwhile, in Chile, its first partner is based in Puerto Montt, a key transport hub and lake port city.

With this latest expansion, Finalrentals continues to grow its global network, having already established partnerships across Europe, the Middle East, North America, and the Caribbean.

Accelerating Digital Transformation in Car Rentals

“This is a major breakthrough for Finalrentals as it gives us our first foothold in South America. The continent offers a lot of opportunity to fast-track and digitise the car rental market for those operators that focus on the domestic market and are not multi-national organisations.

Our new partners in Argentina and Chile are amongst the new pioneers of the car rental market, and we are looking forward to enhancing their business and increasing their car rental income.”

— Ammar Akhtar, Founder and CEO, Finalrentals

As a graduate of the FinTech Wales Foundry Accelerator, Finalrentals has continued to scale at pace, leveraging digital innovation to transform the vehicle rental sector. This latest milestone demonstrates the global impact of Welsh fintech businesses and highlights the strength of Wales’ fintech ecosystem in supporting high-growth companies.

With an expanding international footprint, Finalrentals is well-positioned to drive digital transformation in South America’s car hire industry while reinforcing its mission to modernise vehicle rental services worldwide.

For more updates on Welsh fintech success stories, follow FinTech Wales.