Trade X has secured a $35m investment from Aimia to support the development of digital services for the used car sector through its cross-border digital trading platform
Canadian investment firm Aimia is putting $35m (C$44m) into cross-border automotive trading platform, Trade X. The capital will be used for strategic acquisitions and to expand Trade X’s cross-border services supporting used vehicle trade between car dealers, fleet, rental and mobility providers, as well as importers and exporters across North America, Europe, Asia, Africa and the Middle East.
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