Post Tagged with: "AutoGravity"

10 Auto Finance and Mobility Companies Tackling AI

10 Auto Finance and Mobility Companies Tackling AI

July 31, 2017 at 10:15 am 0 comments

The term “artificial intelligence” may seem like a 21st century buzzword, but in fact it has existed for more than six decades. However, only now is a part of our daily lives. AI exists in simple forms, like chatbots and digital personal assistants, as well as more advanced iterations inRead More

AutoGravity to Roll Insurance, Maintenance Options Into App

AutoGravity to Roll Insurance, Maintenance Options Into App

July 13, 2017 at 10:00 am 0 comments

AutoGravity is working to incorporate full-service leasing options — maintenance and insurance — onto its platform, Chief Financial Officer Lukas Wickart told Auto Finance News. “On AutoGravity, in the future, you will be able to not just finance a vehicle but add insurance and additional products with your car, soRead More

AutoGravity's Volkswagen Credit App (PRNewsfoto/AutoGravity)

VW Credit Joins AutoGravity Through Equity Investment

July 6, 2017 at 11:53 am 2 comments

VW Credit Inc. has made an equity investment into the online origination portal AutoGravity and is both joining the platform as a captive lender and utilizing the company’s technology to create its own branded online financing mobile app, according to a Wednesday press release. AutoGravity declined to disclose the sumRead More

AutoGravity Set to Close New Funding Round

AutoGravity Set to Close New Funding Round

June 28, 2017 at 9:45 am 0 comments

AutoGravity is “very close” to finalizing a funding round within the next few days, Auto Finance News has learned. AutoGravity is not just interested in “capital givers” as investors, Lukas Wickart, chief financial offer of AutoGravity, said yesterday. The Irvine, Calif.-based fintech startup is a multi-lender, indirect car-buying mobile platform and is available in 49Read More

AutoGravity Launched Real-Time Mobile Financing with Fletcher Jones Auto Group

AutoGravity Launched Real-Time Mobile Financing with Fletcher Jones Auto Group

June 16, 2017 at 3:13 pm 0 comments

AutoGravity, the fintech auto financing company, has updated its FJ Drive app, which links to Fletcher Jones Auto Group and its Mercedes-Benz dealerships, to now allow for financing of real-time inventory, the company announced yesterday.AutoGravity and Fletcher Jones Auto Group launched the app in Nov. 2016, but at that time only allowed users to look atRead More

Digital Platform Providers Address Consumer Drop-Off [VIDEO]

Digital Platform Providers Address Consumer Drop-Off [VIDEO]

June 16, 2017 at 12:39 pm 1 comment

Shift Finance made adjustments to its credit application after experiencing a “drop off” of customers during the finance process, Head of Business Development Craig Isakow told attendees at Auto Finance Innovation 2017 last month. “People would fill out the soft credit form, and then if they were qualified, we wouldRead More

CarFinance Joins AutoGravity’s Suite of Lending Partners

CarFinance Joins AutoGravity’s Suite of Lending Partners

April 20, 2017 at 1:21 pm 0 comments

CarFinance.com, the direct lending arm of Flagship Credit Acceptance, today announced that it’s joining the AutoGravity online vehicle marketplace as a lending partner, the companies announced in a joint press release today.   While CarFinance.com is technically a direct lender, its offers won’t operate or look any different than theRead More

Kenneth Rojc, managing partner of Nisen & Elliott LLC's automotive finance group, discusses regulation at CBA Live 2017 | Photo by William Hoffman

Despite Little Guidance, Lenders Monitor Ancillary Sales

April 12, 2017 at 11:38 am 0 comments

Lenders are aware that increased regulatory scrutiny of ancillary products, such as GAP insurance, is coming down the pipeline, but there’s little consensus among the Consumer Bankers Association’s Auto Finance Committee as to what aspect of these after-sale products should be monitored, said Robert Griffin, indirect lending manager at CommerceRead More

Fintech Continues to Transform Auto Finance, but Will it Take Over?

Fintech Continues to Transform Auto Finance, but Will it Take Over?

March 23, 2017 at 8:55 am 0 comments

Fintech companies that advertise efficient financing solutions are becoming more prevalent in the auto industry. Technology is advancing in a way where traditional players have no choice but to partner with new entrants, but the tide hasn’t completely turned from competition to collaboration. That’s according to Chris Chestnut, president of Payix.

AutoGravity Eyes Amazon-Like Features For Car Financing

AutoGravity Eyes Amazon-Like Features For Car Financing

March 17, 2017 at 12:46 pm 1 comment

The multi-lender, indirect car-buying platform AutoGravity, is building a data science team that could one day provide car and auto loan suggestions — much like Amazon, said Serge Vartanov, chief marketing officer for AutoGravity, during a panel discussion at LendIt USA 2017. “One of the major innovations of the pastRead More

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