Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Fintech Yendo is looking to triple application volume for its vehicle-secured credit card in 2026 after securing $200 million in recent funding from asset-backed finance investment firm i80 Group. Originations and revenue are expected to triple this year at the Dallas-based startup, which launched in 2021 and added auto refinance in May 2024. Yendo provides credit cards with borrowing […]
Already subscribed? Log in
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
