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Key people at Lizy.
LIZY operates a digital platform specializing in car leasing, fundamentally reinventing the traditional leasing model. The company provides a streamlined, online-first approach for businesses to acquire vehicles, focusing on second-hand options. This digital framework enables quick order processing and delivery within weeks, offering accessible and efficient mobility solutions.
Founded in 2019 by Vincent Castus and Sam Heymans, LIZY emerged from a conviction that digital technology could significantly disrupt and improve the antiquated car leasing sector. The co-founders recognized an opportunity to leverage online processes to simplify the complex and often slow traditional leasing experience, delivering a more agile service to their target market.
The platform primarily serves small and medium enterprises and professionals seeking flexible and cost-effective car leasing options. LIZY's vision extends to reshaping the European car leasing landscape, emphasizing accessibility and efficiency. The company aims to make vehicle acquisition straightforward for businesses, driving forward a more circular and digitally integrated approach to mobility.
Key people at Lizy.
LIZY is a Brussels-based digital car leasing platform specializing in affordable, circular leasing of used electric vehicles (EVs) for SMEs, entrepreneurs, and freelancers.[1][2][3] It solves the traditional leasing industry's wastefulness—where new cars are produced for each contract and resold post-term—by promoting multi-phase leasing of pre-owned EVs, which have longer lifespans, lower maintenance, and greater environmental benefits as usage extends.[1][3] Serving thousands of customers in Belgium (its market leader for used car leasing), France, and the Netherlands, LIZY delivers vehicles in under three weeks via a seamless online process, achieving +100% turnover growth by 2024, doubling staff to 60, and ranking as Belgium's third-fastest-growing company that year.[1][3] In August 2025, it raised €75 million (€10M equity, €65M debt) from investors D'Ieteren, Alychlo, and NewAlpha to scale internationally, with France sales already up 3.5x year-over-year in 2025.[1][3]
Founded in 2019 in Ixelles, Belgium, by Sam Heymans (current CEO) and Vincent Castus, LIZY emerged from a vision to disrupt car leasing for smaller businesses overlooked by traditional providers.[1][3][4] The duo identified the inefficiency of one-off new car leases, pioneering used vehicle leasing—especially EVs—from day one, betting on their durability and sustainability.[1][3] Early traction came quickly in Belgium, building a reputation for affordability and quality; by 2022, Alychlo invested, fueling expansion into France and the Netherlands.[2] Pivotal moments include winning the 2024 Fleet Europe Remarketing Sustainability Award, 100%+ turnover growth by 2024, and the 2025 funding round amid surging EV adoption (84% of 2025 contracts).[1][3]
LIZY rides the accelerated electrification wave, where EU mandates and falling EV costs drive fleet transitions, perfectly suiting its used-EV model (84% of contracts).[3] Timing aligns with sustainability regulations favoring circular economies—reusing vehicles cuts emissions more than new production—while market forces like SME demand for cheap green mobility amplify its edge.[1] It influences the ecosystem by normalizing digital, sustainable leasing, challenging incumbents, and paving the way for broader "mobility-as-a-service" for SMBs across Europe.[2]
With €75M fueling faster international rollout, LIZY is poised to dominate European SMB EV leasing, expanding into full mobility solutions like bikes and charging.[1][2] Trends like deepening electrification, circular economy policies, and digital adoption will propel it; expect deeper penetration in France/Netherlands and new markets by 2026+. Its influence could reshape leasing as lifetime partnerships, turning one-time rentals into sustainable ecosystems—proving circular models deliver growth and impact in tandem.[3]
