FINN, an auto subscription company based in Munich, Germany, and New York, has signed a 25 million euro ($27.2 million) asset-backed facility with Avellinia Capital. The facility complements FINN’s existing asset-backed securitization program, effectively increasing the advance rate from 95% ... [Read More]

We’re only a few days into the second half of 2023, and the pace of mergers and acquisition continues to be strong. The latest one surfaced Thursday, as Safe-Guard Products International, a provider of branded protection products for the automotive, ... [Read More]

Wolters Kluwer recently shared the results from its latest industry survey it commissioned to better understand where automotive dealer and auto finance professionals are still finding barriers in adopting more digitized solutions for back-office documentation processing. Wolters Kluwer presented an ... [Read More]

On the heels of announcing its partnership with RouteOne to help dealers curb fraud, Point Predictive announced the underwriting fruit of a collaboration with Sofi Point Predictive recently debuted what it called a “groundbreaking” API designed exclusively for fintech and ... [Read More]

Fintech startup Exponential Exchange has published a tradable index for the used-vehicle market, billed by the company as the first of its kind, designed to offer a more accurate and efficient representation of wholesale price changes for pre-owned cars than ... [Read More]

An option to reinforce your dealership’s fraud-prevention strategy now is available. Point Predictive recently announced the integration of BorrowerCheck into the RouteOne credit application center. The companies highlighted integrating BorrowerCheck 3.0 into the RouteOne platform can give dealers a tool ... [Read More]

One of last year’s Emerging 8 honorees has a new brand and solution. Notarize recently relaunched itself as Proof, with both a new company brand and products for complete digital identity verification. Proof looks to deliver valid, secure, enforceable evidence ... [Read More]

Experian wants finance companies and other lenders to be able to use new models and tools as soon as possible. To combat the challenges clients face in deployment and other operations, Experian launched of Ascend Ops, the company’s newest solution ... [Read More]

Alfa, provider of Alfa Systems, recently published the fourth segment of its white paper series about how cloud-native technology can help auto and equipment finance companies. This new paper delves into SaaS and cloud services. Alfa discusses the different deployment ... [Read More]

DriveItAway Holdings continues to forge partnerships outside of the automotive industry to build its network leveraging its subscription-to-purchase technology. DriveItAway recently announced a relationship with Partners Personnel, an industrial staffing company in the United States and an SIA Best Staffing ... [Read More]