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Investors pumped $1.6 billion into auto fintechs through June, a 14% year-over-year increase. In all, 15 fintechs scored investments, compared with 18 through midyear 2025, according to Auto Finance News data. The five largest capital injections, primarily dispensed to more established players, exceeded $200 million each. Mexican fintech Kavak, founded in 2016, scored $300 million in a series F […]
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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
