TSX-listed Axis Auto Finance Inc. announced the completion of its previously disclosed sale of auto loan assets and related business operations for $78 million. The transaction, initially detailed in October, included adjustments for changes in loan composition and fair market value of inventory since December… Read More
Read more in: Canada, Fintech | Tagged auto loan, Axis Auto Finance Inc
Ford Motor Credit has partnered with fintech startup AutoFi to provide digital financing options to consumers, the companies announced in a joint press release. The program is available today to consumers near Ricart Ford in Groveport, Ohio — just outside of Columbus — and plans to… Read More
Read more in: Fintech, General News | Tagged auto loan
Finova Financial, a cloud and mobile-based consumer auto title lending platform, has raised $52.5 million in a combination of equity and a credit facility, claiming to be one of the largest initial rounds in FinTech industry history, announced the platform. The funding round was led by… Read More
Read more in: Fintech, General News | Tagged 500 startups, auto loan, david lee, fintech, gregory keough, jake gibson, metamorphic ventures, sam hodges
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