On Monday, Equifax and Bridgeforce Data Solutions announced a new partnership reinforcing their shared commitment to the data furnisher community by providing them with additional tools and support mechanisms to enable optimal data accuracy. As part of the agreement, Equifax ... [Read More]

Fueled in part by an auto finance company that’s been one of its clients since 2018, AutoFi announced on Monday it has closed $85 million in funding valuing the company at nearly $700 million. One of the first Emerging 8 honorees ... [Read More]

In January, Automotive Ventures chief executive officer and founder Steve Greenfield announced a contest in collaboration with Shell Lubricants to help startups. On Wednesday, Greenfield highlighted his newest initiative that’s aimed to provide fuel for entrepreneurs; this time connected with ... [Read More]

One North Carolina-based firm that offers technology for dealer websites to help potential buyers understand their financing options has been acquired by another Tar Heel State company that provides vehicle valuation and merchandising software solutions to dealerships TradePending announced on ... [Read More]

A previous Emerging 8 honoree is expanding its offerings and executive team. TurboPass, an electronic multi-verification solution for dealers, highlighted that it has experienced “explosive” growth during the past 24 months and is now ready to begin expanding beyond the ... [Read More]

It was a record year at Origence. The CU Direct brand and technology solutions provider announced on Tuesday that it had delivered a record amount of auto financing for credit unions through its platforms in 2021. The company said credit ... [Read More]

Our recaps of merger-and-acquisition activities now are back in the banking sector. On Monday morning, TD Bank Group and First Horizon announced that they have signed a definitive agreement for TD to acquire First Horizon in an all-cash transaction valued ... [Read More]

After opening its whitepaper series last fall about systems change called Innovation in Implementation, Alfa released the next installment last week. The provider of systems and services to some of the world’s most complex auto and equipment finance companies highlighted ... [Read More]

After nearly two decades, Credit Union Loan Source decided it was time for a change. The auto finance company that originates and services installment contracts with more than 1,500 franchised and independent dealers in its 25-state footprint announced on Wednesday ... [Read More]

One of last year’s Emerging 8 honorees is set to operate with a new name. On Tuesday, DealerPolicy announced a rebranding and insurance agency name change to Polly in an effort to better engage consumer audiences. The insurance marketplace for automotive retail ... [Read More]