In less than a year, car-ownership app Jerry forged an investment path to value the company at $450 million. The latest stop on the journey happened on Tuesday when Jerry announced the completion of a $75 million Series C funding ... [Read More]

Sometimes, one of the most challenging parts of vehicles changing ownership is completing the title work. Champ Titles is trying to smooth that process and now has more financial resources to do so. On Wednesday, the technology company that looking ... [Read More]

Drive Appeal, an independent dealership group with five rooftops in Minnesota, is turning to artificial intelligence to boost its underwriting and enhance vehicle deliveries. According to a news release, Drive Appeal (formerly AC Motors), recently selected AI-powered platform Scienaptic AI ... [Read More]

Now as the newly installed chief executive officer of iLendingDIRECT, Tom Holgate is looking for the company fueled by resources from private investment firm J.C. Flowers & Co. to continue to leverage the refinancing marketplace aided by strong used-vehicle prices. ... [Read More]

Startup Carputty wants to “rewrite industry rules” when it comes to auto financing. The firm now has more than $7 million in funding to get that process in motion. On Friday, Carputty announced it has raised $7.2 million in a ... [Read More]

MotoRefi not only secured more funding, the fintech startup that helps consumers refinance their installment contract also gained an important pathway into the credit union market. On Wednesday, MotoRefi announced a $5 million investment from Curql Fund. With the investment, ... [Read More]

The past two weeks have been quite eventful for AutoFi. After finalizing a relationship with Santander Consumer USA, the platform for end-to-end digital automotive sales and financing announced it has teamed up with TrueCar to provide customers with an “easy ... [Read More]

On Wednesday, Cherokee Media Group proudly announced this year’s honorees for Women in Auto Finance, an awards program presented by American Recovery Service (ARS). The highest total of nominations for the 3-year-old honors initiative arrived this year as women who ... [Read More]

Nominations are now open for the 2021 Auto Finance Innovators Award: Top 100, aimed at recognizing auto finance professionals that have made significant technological contributions to their company and the industry. The awards, sponsored by Lightico and Auto Fin Journal, ... [Read More]

Bain & Co. pointed out that companies have typically prioritized the speed at which they implement digital transformations across their organizations to combat digital disruption. However, Bain experts said these promising digital transformation initiatives often lose momentum and fail to ... [Read More]