Capital & Funding
Semiconductor chip shortage to prop up auto ABS transactions
The global semiconductor chip shortage, which has slowed production of new vehicles across the auto industry, should drive consumers to...
Carvana injects $881M into ABS market with two deals
Carvana has made its entry into the capital markets for the first time in this year with two deals totaling...
US auto startups on track for $350M of funding this year
Funding for U.S. auto startups has been strong right out of the gate this year. Through early March, four companies...
Arivo Acceptance in ‘expansion mode’ on heels of second securitization
Subprime lender Arivo Acceptance is in growth mode after its second entrance into the auto asset-backed securities market and increasing...
Amazon-backed EV-maker Rivian aims for IPO this year
Rivian Automotive Inc., the electric-vehicle startup backed by Amazon.com Inc. and Ford Motor Co., is looking to go public as...
Agora Data extends line of credit to BHPH lenders
Agora Data is extending lines of credit to ease access to capital markets for buy-here pay-here lenders as well as...
Chase Auto locks in private label partnership with Rivian
Chase Auto has inked a private label partnership with electric vehicle manufacturer Rivian called Rivian Financial Services. The program is...
Agora Data closes industry-first crowdsourced securitization
Agora Data has closed the industry’s first-ever crowdsourced auto securitization, backed by loans originated from buy-here, pay-here lenders and dealers....
