Jungo Collaborates with Ascentium Capital to Offer Fast, Flexible Financing for VuDrive Resellers

NETANYA, Israel, May 15, 2025 /PRNewswire/ -- Jungo, a leading provider of AI-powered video telematics and fleet safety solutions, announces a strategic relationship with Ascentium Capital, a division of Regions Bank and a nationally recognized commercial lender with decades of experience serving the fleet and transportation industries.

This new collaboration empowers VuDrive resellers to offer their customers affordable monthly payment options—streamlining the sales process and helping drive faster growth. With Ascentium Capital's trusted financing platform, resellers gain significant advantages, including 100% upfront funding, no liability for collections or credit risk, near-instant credit approvals, and a straightforward, hassle-free application process.

The result is a turnkey solution that eliminates financial friction and allows VuDrive resellers to focus on what matters most—growing their customer base and delivering transformative fleet safety technology.

"Working with Ascentium Capital is a major step forward for our reseller network," said Opher Suhami, CEO of Jungo. "We're giving our partners the tools they need to close deals faster, offer greater value to their customers, and build long-term success—without the headaches of financing logistics. It's a win for everyone involved."

VuDrive is Jungo's flagship fleet safety platform, combining dual AI-powered in-cab cameras, real-time driver alerts, and a cloud-based management dashboard to help fleets reduce accidents, minimize insurance costs, and improve operational efficiency. With this new financing option, resellers can now deliver VuDrive's advanced safety technology in a cost-effective, low-barrier model.

"We're proud to work with Jungo to bring fleet safety technology to small and mid-sized businesses in the US," said Stephen Interlicchio, Senior Vice President Strategic Services, Ascentium Capital. "Offering financing solutions to customers at the point of sale makes it easier to close deals and gives VuDrive resellers a competitive advantage."

About Jungo

Jungo is a global leader in driver monitoring and video telematics solutions, delivering innovative, AI-powered technologies that improve road safety and fleet performance. Its flagship product, VuDrive, is trusted by fleets and insurers worldwide to reduce risk, enhance visibility, and prevent accidents before they happen. Jungo's VuDrive is protected with multiple US patents covering AI and video telematics.

About Ascentium Capital

Ascentium Capital, a division of Regions Bank, specializes in providing a broad range of business equipment financing, leasing, and loans across the United States. The Company's offering is designed to benefit equipment manufacturers and distributors as well as direct to businesses nationwide. For additional information about Ascentium and its business financing products and services, please visit AscentiumCapital.com. Neither Ascentium Capital nor Jungo is the agent of the other. Ascentium is not the manufacturer, seller or distributor of the property being financed, and makes no representation or warranty (expressed or implied) concerning such property.

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SOURCE Jungo