MotoRefi, an auto refinancing startup on a mission to help consumers save on their car loans, announced on Friday it scored $45 million through its Series B investment round, which was led by Goldman Sachs Asset Management. The latest investment round comes less than… Read More
Branch, a U.S.-based insurtech startup, announced on Wednesday the expansion of its home and auto coverage in Colorado and Oklahoma. Founded in 2017, Branch explained that it “taps” into the power of the community to make insurance accessible and affordable for everyone, utilizing technology to… Read More
dv01, a platform that connects online lenders and investors with data management, announced on Monday it has launched its Auto Benchmark Datasets to provide investors with transparency on automotive asset-backed securities. According to dv01, the new benchmarks pull Reg AB data… Read More
Electric Dutchman, a sustainable Dutch automotive company, is now seeking €550,000 through its equity crowdfunding campaign on Seedrs. Founded in 2016, Electric Dutchman stated it was created with the aim to disrupt the world of B2B lightweight urban mobility. The company’s product was designed from scratch,… Read More
P2P lending platform Faircent announced the launch of its new auto investment feature, which according to Economic Times, will eliminate the need for lenders to browse through borrower profiles by automating the process. While sharing details about the new feature, Chief Technology and Product Officer… Read More
AutoGravity says it has now surpassed 500,000 in just one year. AutoGravity is an App-based online lender targeting the auto financing space. Pick the car and request a loan all on your smartphone. It’s that simple. AutoGravity has benefited from a growing number of high… Read More
Texas-based fintech startup, Payix, announced this week that it was selected by Pelican Auto Finance to provide its collection tools, which will also include its new mobile collections application. According to the company, the tools are being designed to help Pelican better connect with its… Read More
Elio Motors, Inc. (OTCQX: ELIO), announced on Thursday that it has appointed automotive industry veteran, Jeffrey W. Johnston, as its new vice president of engineering In his new role, Johnston will be responsible for all engineering of the full Elio vehicle, validation, safety, program management… Read More
Online lender, Avant, announced on Monday that it is expanding its user reach by launching of its latest financial product, direct to consumer auto refinance loans. According to the website, the auto refinancing products will provide users with a new way to manage their finances and also lower monthly auto… Read More
In one of India’s biggest crowdfunding success stories, smart gadget Exploride just wrapped up its abundantly funded crowdfunding campaign on Indiegogo, raising $521,546–512 percent of its original fundraising goal. Exploride is a clear glass heads-up display with gesture and hands-free voice controls, designed to work with any… Read More
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