CARSOME Group and JACCS Announce Expansion of Auto Financing Collaboration into Singapore

Singapore, 05 February 2026 –CARSOME Group Inc (CARSOME), Southeast Asia’s (SEA) largest integrated car e-commerce platform, today announced the expansion of its auto financing collaboration with JACCS CO., LTD. (JACCS) into Singapore, extending a regional partnership that was first established in Malaysia.

As part of the strategic collaboration, JACCS has proposed to acquire a 49 percent equity stake in CarTimes Capital Pte. Ltd. (CTCA), the auto financing arm operating under CarTimes Automobile Pte. Ltd. (CTAM) in Singapore, a majority-owned subsidiary of CARSOME. The investment marks JACCS’s entry into its sixth ASEAN market and reflects the broader regional strategy of JACCS, supported by its collaboration with Mitsubishi UFJ Financial Group (MUFG), to grow its auto financing presence across Southeast Asia.

CTCA provides auto financing solutions that support vehicle purchases and trade-in transactions in Singapore. Working closely with CTAM’s retail operations,  CTCA enables customers to manage the high upfront costs associated with car ownership through structured financing options, while supporting dealers with tailored financing solutions.

The announcement builds on the collaboration between JACCS and CARSOME, via Carsome Capital Sdn. Bhd. in Malaysia, which is approaching its first year of operations. That partnership brought together JACCS’s consumer lending expertise and CARSOME’s automotive ecosystem to support more structured and accessible auto financing solutions.

Singapore’s regulated vehicle ownership environment, shaped by the Certificate of Entitlement system, has made auto financing a critical component of the car-buying journey. Through this collaboration, JACCS will contribute their combined experience in sales finance and financial services to support the continued development of CTCA’s auto loan business.