The rollout impacts every franchise partner within
Final Rentals, a car rental technology platform based in Cardiff, has rolled out deposit-free vehicle hire across its entire franchise network spanning more than 65 countries. Launched in October 2026, this global deployment follows a strategic partnership with fintech firm Cardoo to modernise how travellers secure rental cars.
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Global Reach Through Fintech Collaboration
The rollout impacts every franchise partner within the Final Rentals ecosystem. Traditional car hire often requires substantial credit card deposits for potential damages or fines. This practice frequently causes stress for holidaymakers and business travellers alike.
By replacing lump-sum holds with a streamlined daily charge, the Cardiff-based tech platform aims to simplify the booking journey. Cardoo's technology handles the risk management behind the scenes. This allows international franchisees to offer modern payment alternatives without altering their existing fleet operations.
How Does Daily Micro-Insurance Replace Security Holds?
Will This Change Future Travel Budgets
The system operates on a straightforward transaction model during the vehicle reservation process. Customers opt into the daily fee instead of authorising a large temporary charge on their payment cards.
Will This Change Future Travel Budgets?
Removing large security deposits frees up available credit for tourists and corporate travellers during their trips. This flexibility could fundamentally shift consumer expectations across the global mobility sector.
Which company partnered with Final Rentals? The fintech company Cardoo partnered with Final Rentals to deliver the deposit-free vehicle hire service.
How many countries are included in this rollout? The new deposit-free option is now available across the company's franchise network spanning more than 65 countries.
