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Venture capitalists pumped $1.2 billion into auto fintechs in 2022, but that investment volume amounted to only half of the prior year’s total, according to an Auto Finance News analysis of public deals. Although the number of fintechs that scored funding grew last year, the average investment size shrank by nearly two-thirds. Last year’s 29 […]
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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
