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Venture capitalists have pumped $1 billion of capital into auto fintechs through May, nearly double last year’s investment pace, according to an Auto Finance News analysis of public deals. Fintech funding is on the rebound after plunging 64% in 2023, according to AFN data. Last year, capital infusions into auto fintechs clocked in at $594.3 […]
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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
