Hyundai Capital Bank Europe

Hyundai Capital Bank Europe (HCBE) is a financial services and insurance provider catering to Hyundai Motor and Kia Motors in Germany and Italy. Obtaining a full banking license from the European Central Bank in 2019, it is a joint venture between Hyundai Capital Services based in Seoul, Korea, and Santander Consumer Bank from Mönchengladbach, Germany. In a significant move, HCBE acquired a 92% stake in Allane SE (formerly known as Sixt Leasing SE) in 2020.

With over 100 employees from more than 15 different countries, HCBE is headquartered in Frankfurt am Main, Germany. In November 2021, HCBE exceeded the revenue threshold of 2 billion Euro, indicating its rapid growth and market traction in a relatively short span of time since its establishment in 2016.

The company's strong presence in the financial services sector, combined with its strategic partnerships and notable acquisition, positions HCBE as a key player in facilitating affordable access to mobility through Hyundai and Kia vehicles in the European market. As a venture capital firm, exploring potential investment opportunities in HCBE could prove beneficial given its track record, market penetration, and ambitious growth trajectory.