Tagged: cars

MyCarNeedsA Now Seeking £900,000 Through Equity Crowdfunding Round on Seedrs

MyCarNeedsA.com, a comparison website that drivers use for all their car aftercare needs including car repair and maintenance, is now seeking a minimum of £900,000 through its equity crowdfunding campaign on Seedrs. Founded in 2014, MyCarNeedsA helps to save time, money, and hassle through its online process: A… Read More

Deutsche Bank Partners With Allianz & Auto1 to Launch Car Financing Platform “Auto1 FinTech”

Deutsche Bank announced on Tuesday it has teamed up with Allianz and Auto1 to launch a new fintech called “Auto1 FinTech,” which will offer financing and insurance products to automobile dealerships buying and selling used vehicles via Auto1. The three partners closed the deal last Friday…. Read More

Overfunding: Online Automotive Marketplace Glovebox Direct Secures £300,000 Funding Target on Crowdcube

Less than two weeks after launching its latest equity crowdfunding campaign on Crowdcube, online automotive marketplace Glovebox Direct has secured its initial £300,000 funding target from just a little more than 100 investors. The funding round comes just six months after the company raised a total of… Read More

Midrive to Close Crowdcube Round With Nearly £2.4 Million in Funding

UK-based insurance company Midrive is set to close its equity crowdfunding campaign on Crowdcube with nearly £2.4 million in funding from more than 760 investors. Founded in 2013, Midrive has more than 300,000 members throughout the UK and reported its instructor network has grown to be one of… Read More

UK Insurtech Midrive Surpasses £2.1 Million During the Final Days on Crowdcube

With its equity crowdfunding campaign on Crowdcube set to close this upcoming weekend, UK-based insurtech Midrive has surpassed £2.1 million thanks to nearly 700 investors. As previously reported, Midrive was founded in 2013 and reported it has over 300,000 throughout the UK and reported its instructor… Read More

Update: Insurtech Midrive Hits £2 Million Through Crowdcube Campaign

Less than two weeks until its equity crowdfunding round comes to an end on Crowdcube, UK-based insurtech Midrive has successfully secured more than £2 million from over 575 investors. The company quickly secured its initial £1.8 million funding target. Founded in 2013, Midrive is an insurance company… Read More

Update: Insurtech Midrive Nears £2 Million Through Crowdcube Funding Round

Midrive, a UK-based insurtech that’s on a mission to reinventing driving and insurance for the digital generation, is now nearing £2 million through its equity crowdfunding campaign on Crowdcube. The campaign was launched last month and successfully secured £1.8 million. So far, the funding round has… Read More

UK Insurtech Midrive Raises More Than £1.9 Million Through Crowdcube Campaign

Midrive, a UK-based insurtech that’s on a mission to reinventing driving and insurance for the digital generation, has successfully secured more than £1.9 million from nearly 450 investors through its equity crowdfunding campaign on Crowdcube. The funding round was launched last month, seeking £1.8 million. Founded in 2013,… Read More

Overfunding: onewomanowner’s Crowdcube Campaign Secures 300,000 Funding Target

onewomanowner, a new used car sales website, has successfully secured its initial 300,000 funding target through equity crowdfunding platform Crowdcube. The funding round was launched earlier this month and is nearing 325,000 thanks to more than 100 investors. As previously reported, onewomanowner stated it is aiming to… Read More

Oodle Car Finance Secures $100 Million Warehouse Facility From Citi

Oodle Car Financing, a UK-based car fintech startup, has secured a 100 million facility from Citigroup. Founded in 2016, the company states its goal is match customers with the right loans, cars, and dealers. “In this fast-paced world owning a car should be affordable for… Read More

Used Car Sales Platform onewomanowner Quickly Nears £300,000 Funding Target Just Days After Crowdcube Debut

onewomanowner, a new used car sales website, is now seeking £300,000 through its equity crowdfunding campaign on Crowdcube. onewomanowner stated it is aiming to become the number one online portal for used cars that have previously had women drivers. “There is a reason why people… Read More

TD Auto Finance Teams Up with AutoGravity to Provide Enhanced Digital Car Buying and Financing Option

TD Auto Finance (TDAF), a subsidiary of TD Bank, announced on Tuesday it has formed a partnership with AutoGravity, a fintech provider modernizing the way consumers buy and finance automobiles.  According to TDAF, through this partnership, indirect financing offers through TDAF will be made available to qualified… Read More

Finnish Trade-In Car Dealership Master Car Launches Invesdor Campaign

Master Car, a Finland-based trade-in car dealership that specializes in imports and additional services, has launched an equity crowdfunding campaign on Invesdor seeking a minimum of €500,000 (max €1 million). Founded in 2014, the company describes itself as a marque-independent used car dealership.  “Our professional import makes us stand… Read More

AutoGravity Milestone: Exceeds $2 Billion in Finance Amount Request in 2017

AutoGravity, a California-based Fintech on a mission to transform car shopping and financing, announced last week it surpassed $2 billion in finance amount requested in 2017. The company, which launched its platform in 2016, reported that it rapidly expanded from 100,000 users in its first… Read More

Chase Announces Partnership With Automotive Fintech Company AutoFi

Chase announced on Thursday it has formed a partnership with AutoFi, a San Francisco-based fintech company that helps customers select and finance vehicles through their automotive dealers’ website and reduce the time it takes to complete the sale. The banking giant revealed it is the… Read More

Root Insurance Now Approved to Sell Auto Insurance in Mississippi

This week, insurance company Root Insurance announced it is now able to offer its services to drivers in Mississippi. The company stated: “That’s right Mississippi, we’ve arrived, and we’re here to save you from paying too much for car insurance. Because if you’re a good… Read More

Update: JustPark is Set to Close Latest Crowdcube Round With More Than £2.6 Million in Funding

With its latest equity crowdfunding campaign on Crowdcube set to close tomorrow evening, UK-based parking innovator JustPark has raised more than £2.6 million from over 2250 investors. The company launched the initiative late last month seeking £1.5 million, which was achieved within a matter of days. … Read More

Update: JustPark Nears £2.3 Million Through Latest Crowdcube Round & Announces New Contract With Central Bedfordshire Council Car Parks

With its latest Crowdcube campaign set to close in less than two weeks, UK-based parking innovator JustPark is nearing £2.3 million from more than 1950 investors. The company launched the funding round last month and quickly raised its initial £1.5 million funding target.  Founded by entrepreneur Anthony Eskinazi, JustPark is… Read More

Update: JustPark’s Latest Crowdcube Round Secures Nearly £2.1 Million in Funding

With its latest Crowdcube campaign set to close in two weeks, UK-based parking innovator JustPark has secured nearly £2.1 million from over 1800 investors. As previously reported, JustPark was founded by entrepreneur Anthony Eskinazi and is seeking to lead the disruption of the £50 billion global parking market by… Read More

Overfunding: JustPark’s Latest Crowdcube Campaign Secures £1.5 Million Funding Target in Less Than a Week

UK-based parking innovator JustPark has successfully secured its initial £1.5 million funding target through its second equity crowdfunding campaign on Crowdcube. The initiative was launched last week, seeking the funds as it continues to expand.  JustPark was founded by entrepreneur Anthony Eskinazi and is seeking to lead the disruption of the £50… Read More

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