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Auto refinance fintech Caribou, formerly MotoRefi, reached unicorn status late last week after raising $115 million in a series C funding round that will support its internal growth plans and external marketing strategy. The funding round, led by Goldman Sachs, brings Washington D.C.-based Caribou’s valuation to $1.1 billion, according to a Caribou statement. The fintech […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
