Capital & Funding
Loan automation fintech Blend headed for IPO
Banking process automation fintech Blend Labs experienced 90% year-over-year revenue growth to $96.0 million in 2020 from $50.7 million in...
Agora Data ventures into commercial real estate for dealers
Agora Data has begun underwriting commercial mortgages for its dealer and auto finance company partners as part of its holistic...
Cryptocurrency loans are coming to auto finance
Carnomaly.io, an automotive blockchain and cryptocurrency company, is set to shake up the auto finance industry by allowing cryptocurrency holders...
MotoRefi looks to expand lender-facing platform on heels of $45M funding
Auto refinance fintech MotoRefi is planning to invest in its lender-facing platform on the heels of a $45 million Series...
Agora Data closes its second ABS transaction
Agora Data has closed its second crowdsourced subprime auto asset-backed securitization, which closed May 27. Agora successfully crowdsourced 40 buy-here,...
ABS newcomer Credito Real’s preps subprime securitization
For the second time in as many months, a new issuer has joined the auto securitization scene. Credito Real USA...
Fed group lays out path for securitized issuers to ditch Libor
The Federal Reserve-backed group guiding the implementation of the Secured Overnight Financing Rate has given securitized debt issuers a map...
Unify Financial Credit Union becomes second CU to enter auto ABS market
Credit union securitizations have gotten off to a slow start. In the four years since the National Credit Union Administration...
