Tagged: cars

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

JustPark Now Seeking £1.5 Million Through Second Equity Crowdfunding Campaign on Crowdcube

Less than three years after securing more than £3.5 million through its first equity crowdfunding campaign, UK-based parking innovator JustPark has returned to Crowdcube and is looking to raise £1.5 million. As previously reported, JustPark was founded by entrepreneur Anthony Eskinazi and is seeking to lead the disruption of… Read More

AutoGravity Milestone: More Than One Million Americans Have Used the Auto Fintech Platform

AutoGravity, a California-based Fintech on a mission to transform car shopping and financing, announced on Monday its platform has surpassed one million users. Launched in 2016, the company rapidly expanded from 100,000 users in its first six months to more than one million users less than a year… Read More

AutoGravity Appoints Chuck Schofield As New Vice President of Dealer Sales

AutoGravity, a California-based Fintech on a mission to transform car shopping and financing, announced on Tuesday it has appointed Chuck Schofield as its new Vice President of Dealer Sales. Prior to joining the fintech firm, Schofield served as Western Region Senior Manager for Mercedes-Benz Financial Services where… Read More

AutoGravity Surpasses $1 Billion In Finance Amount Requested & Debuts Real-Time Dealership Inventory Nationwide

AutoGravity, a California-based Fintech on a mission to transform car shopping and financing, today announced on Wednesday it has reached $1 billion in finance amount requested on its platform.   The company revealed that more than 750,000 car shoppers have downloaded its app and collectively request over $1 billion in financing…. Read More

Hyundai Capital America Forms New Partnership With AutoGravity

Hyundai Capital America announced on Wednesday it has joined the AutoGravity car shopping and financing platform. Beginning in the state of California, financing through Hyundai Capital America will now be accessible to AutoGravity’s users searching for financing for a Hyundai, Kia or Genesis. Ross Williams, President and CEO… Read More

Fintech Firm AutoFi Secures $10 Million Through Series A Funding Round

AutoFi Inc., an auto industry fintech firm, announced on Thursday it has secured $10 million through its Series A Funding Round, which included investors Crosslink Capital, Ford Motor Credit Co., and Lerer Hippeau Ventures. The company states it connects dealers to lenders customers may finance,… Read More

P2P Lender Faircent Announces New Auto Invest Feature

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

Storm Sondors Files Two Reg A+ Offers: One for Electric Cars, One for Electric Bikes

Storm Sondors, the founder of the Sondors eBike company that has ridden to success on rewards based funding platforms, has filed to Form 1-As with the SEC.  Each filing represents a different crowdfunding offer. The first offer, which was initially messaged during Sondor’s Electric Car… Read More

Update: Airbnb For Cars RideLink Attracts Nearly 500 Investors Through Seedrs Campaign

RideLink (previously known as DriveJoy), an online community where car owners can safely rent their cars directly to drivers, has attracted nearly 500 investors through its equity crowdfunding campaign on Seedrs. Originally seeking £1 million, the investors have raised £1,148,206 through the funding round. RideLink, which was launched with an… Read More

Seedrs Success: RideLink Attracts More Than £1.1 Million From Over 400 Investors Through Equity Crowdfunding Campaign

RideLink (previously known as DriveJoy), an online community where car owners can safely rent their cars directly to drivers, has successfully secured its initial £1 million funding target and has raised well over £1.1 million through its equity crowdfunding campaign on Seedrs. The initiative has already attracted more… Read More

Renewable Hydrogen For Electric Vehicles Supplier HyGen Industries Seeks Funds Under Regulation A+ Rules on StartEngine

HyGen Industries, Inc. a California-based company that supplies clean renewable hydrogen for fuel cell electric vehicles, announced on Friday it launched a crowdfunding offering on StartEngine to raise funds under Regulation A+ Tier 2. The company reported that this offering news comes just after it… Read More

Peer-to-Peer Car Rental Platform MyCarYourRental Seeks $300,000 on PledgeMe to Continue Growing Car Sharing Community

New Zealand-based peer-to-peer rental platform, MyCarYourRental, has launched an equity crowdfunding campaign on PledgeMe. The company is seeking $300,000 (max $800,000), which will go towards growing its car sharing community. MyCarYourRental is described as a safe and secure online service that allows Kiwis to rent… Read More

AutoGravity Reports: More Than 250,000 Shoppers & 1,400 Dealers Turn to Auto Financing Platform

Fintech firm AutoGravity announced on Monday that its data revealed that more than 250,000 shoppers and 1,400 dealers have downloaded its iOS and Android apps for car shopping and financing. While sharing details about the company’s recent data results, Serge Vartanov, co-founder and chief marketing officer… Read More

Fintech Car Financing Company AutoGravity Forms Partnership With Mercedes-Benz Financial Services

Fintech car financing company, AutoGravity, announced on Wednesday it has formed a partnership with Mercedes-Benz Financial Services to bring the famous brand to its auto financing app. Founded in 2015, AutoGravity currently introduces app users with efficient, transparent auto financing processes. Its app is designed to allow car… Read More

Brief: Finova Financial Launches Car Equity Line of Credit & Reportedly Saves Tennessee Borrowers 50%

Finova Financial, a cloud and mobile-based consumer auto title lending platform, announced this week the launch of its car equity line of credit. According to the platform, this new line of credit is considered an alternative to the emergency cash lending marketplace, offering instant online pre-qualification,… Read More

RateSetter’s New Milestone: Surpasses £100M in Auto Loans

Earlier this week, RateSetter announced it has surpassed 100 million in car financing. and is considered the first peer-to-peer lending platform to lend the amount through motor partnerships. Sharing details about the new milestone, head of RateSetter Motor Finance, Nick Elkan, reportedly stated: “These are exciting… Read More

Elio Motors Completes First E-Series Test Vehicle

Elio Motors, Inc. (OTCQX: ELIO) announced on Thursday it completed its first E-Series test model. The first E-Series vehicle, code-named the E1A, was unveiled in front of more than 200 automotive supplier executives and engineers who reportedly have key roles in the long-term development the company’s vehicles.  Elio’s founder… Read More

HiyaCar’s Second Seedrs Initiative Secures Initial £100,000 Funding Goal

On Tuesday, HiyaCar’s second Seedrs initiative successfully surpassed its initial £100,000 crowdfunding goal. The company previously secured £349,470 on the equity portal last summer and decided to use the funding method once again and launched the campaign last month. HiyaCar, originally known as Ascendia, is described as a… Read More

Vroom Vroom: British Designer & Manufacturer Zenos Cars Seeks £750,000 Through Seedrs For New Vehicles

Zenos Cars, a British car designer and manufacturer, has launched an equity crowdfunding campaign on Seedrs to raise £750,000 as it prepares to create new vehicles.  The company, which was founded in 2012, designs and produces high-performance, lightweight sports cars that deliver thrilling driving experiences. In just… Read More

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