Tagged: cars

September 27, 2017 @ 9:45 am By Samantha Hurst  |  

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

September 20, 2017 @ 1:51 pm By Samantha Hurst  |  

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

August 24, 2017 @ 10:45 am By Samantha Hurst  |  

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

July 26, 2017 @ 11:29 am By Samantha Hurst  |  

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

July 20, 2017 @ 11:33 am By JD Alois  |  

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

June 29, 2017 @ 2:36 pm By Samantha Hurst  |  

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

June 13, 2017 @ 2:14 pm By Samantha Hurst  |  

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

May 5, 2017 @ 11:23 am By Samantha Hurst  |  

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

May 5, 2017 @ 9:31 am By Samantha Hurst  |  

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

April 3, 2017 @ 1:17 pm By Samantha Hurst  |  

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

October 6, 2016 @ 10:02 am By Samantha Hurst  |  

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

September 16, 2016 @ 1:50 pm By Samantha Hurst  |  

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

September 16, 2016 @ 9:44 am By Samantha Hurst  |  

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

June 30, 2016 @ 1:52 pm By Samantha Hurst  |  

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

June 7, 2016 @ 1:19 pm By Samantha Hurst  |  

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

May 9, 2016 @ 10:19 am By Samantha Hurst  |  

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

May 5, 2016 @ 11:28 am By Samantha Hurst  |  

Following the launch of Hiya Car’s second Seedrs initiative, co-founder and CEO, Graeme Risby, penned a piece on LinkedIn about why the company has once again decided to use the funding method. Hiya Car, formerly known as Ascendia Drive, is described as a platform that matches car… Read More

May 2, 2016 @ 4:35 pm By Samantha Hurst  |  

Hiya Car, which is formerly known as Ascendia Drive, launched a crowdfunding initiative on Seedrs to raise £100,000. The company previously secured £349,470 on the equity portal last summer. As previously reported, the company is described as a platform that matches car hirers to car owners, turning idle cars into income… Read More

April 10, 2016 @ 3:54 pm By Samantha Hurst  |  

Last week, founder of Hiya Car, Graeme Risby, sat down with Disrupt to share details about their first year of business. The company launched an equity crowdfunding campaign on Seedrs last summer to raise £140,000. During the funding round, it secured £349,470. Hiya Car is described as a platform that matches… Read More

March 24, 2016 @ 3:23 pm By Samantha Hurst  |  

On Thursday, Elio Motors, Inc. (OTCQX: ELIO) announced details about its new ePlus Business Model for mass personalization at New York International Auto Show.  As previously reported, the ePlus process will allow consumers to pick the options they want and have a personalized vehicle delivered within 24 hours after ordering…. Read More