Agora Data closes industry-first crowdsourced securitization | Auto Finance News Agora Data closes industry-first crowdsourced securitization | Auto Finance News
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Agora Data closes industry-first crowdsourced securitization

Joey Pizzolato by Joey Pizzolato
January 6, 2021
in Capital & Funding
Reading Time: 2 mins read

Agora Data has closed the industry’s first-ever crowdsourced auto securitization, backed by loans originated from buy-here, pay-here lenders and dealers. The deal, which was an unrated private placement clocking in at under $100 million, served as a proof of concept for the company’s new crowdsourced securitization structure, Agora Chief Executive Steve Burke told Auto Finance […]

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