Digital Motors, which provides dealers a digital retail and fintech platform to enable online transactions, now has Autotech Ventures as a lead investor, as the comapny announced its first external funding round.  Autotech Ventures, based in Silicon Valley, is one ... [Read More]

Market Scan Information Systems recently expanded its collection of industry partnerships. The automotive solutions and data provider announced it has teamed up with Tekion, a cloud-native dealer management system. Through the partnership, Tekion’s Sales module will be powered with Market ... [Read More]

Green certainly can have multiple meanings at Toyota Financial Services (TFS). The captive recently issued its latest unsecured Green Bond, reinforcing the finance company’s commitment to the sale of environmentally friendly vehicles. Officials highlighted proceeds from the $750 million bond ... [Read More]

More stolen vehicle recovery (SVR) and innovative automotive services that dealers can offer are arriving nationwide this spring. LoJack, part of the fintech portfolio at CalAmp, recently announced the launch of the LoJack Connect family of subscription services. The company ... [Read More]

MotoRefi, which strives to save vehicle owners money with a refinanced installment contract, now has quite a bit of funding to expand its business. Last week, the fintech company that says it can save contract holders an average of $100 ... [Read More]

Another one of the inaugural Emerging 8 honorees is continuing to gain industry traction. Last week, BMW i Ventures announced an investment in AutoFi, a technology company honored during last year’s Automotive Intelligence Summit. The exact funding figure wasn’t revealed ... [Read More]

Along with introducing a new customer relationship management system (CRM) for dealers, Reynolds and Reynolds recently announced the acquisition of GoMoto, a provider in kiosk technology for the service lane that can offer streamlined, self-led customer check-in and check-out. Robert ... [Read More]

The recent events hosted by the American Financial Services Association and the National Automobile Dealers Association marked Equifax unveiling a trio of new solutions aimed at help dealerships retail more vehicles and finance companies build their portfolios. The series of ... [Read More]

DealerSocket, Audi and Volkswagen are collaborating to make deliveries more efficient for their chain of franchised dealerships. On Monday, DealerSocket announced that VW Credit selected its customer relationship management (CRM) suite to help drive connections between vehicle buyers and its ... [Read More]

About a month still remains for startups to submit their applications to be a part of the 2020 FIS Fintech Accelerator, which is conducted in collaboration with the state of Arkansas and Little Rock-based The Venture Center. Now in its ... [Read More]