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Startup Yendo has raised $165 million in debt and equity financing to grow originations as the company on May 16 expanded its vehicle-secured credit card product to consumers with existing auto loans. Dallas-based Yendo, founded in 2021, provides credit cards to consumers with borrowing limits based on the customer’s car value.. The cards are issued […]
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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
