AutoFi’s finance, business ops safe despite SVB investment
Digital commerce fintech AutoFi’s business operations are unaffected by Silicon Valley Bank’s collapse, despite the bank’s investment in the company. ...
Tag: Silicon Valley Bank
Silicon Valley Bank collapses and enters FDIC receivership
Silicon Valley Bank collapsed into Federal Deposit Insurance Corp. receivership on Friday, after its long-established customer base of tech startups ...
EV finance startup Tenet secures $20M warehouse facility
Tenet, an electric vehicle (EV) financing startup founded in 2021, secured on Oct. 27 a $20 million warehouse facility with ...
Ally backs startup Fair with $100m debt facility
Used-car leasing app Fair has closed a $100 million debt facility and equity investment led by Ally Financial. With Ally’s ...
Jumping In: Online Lenders Join the ABS Market
From the April issue: The auto securitization market is being injected with new blood. It’s been about 15 years since ...
Fair to Add Inventory With $50M Debt Facility Backed by Silicon Valley Bank
© Can Stock Photo / ieva Used-car leasing app Fair closed a $50 million debt facility financed by Silicon Valley ...
Bank of America to Talk “Game-Changing” Mobile App at Auto Finance Innovation
Bank of America is aiming to offer a “game-changing mobile experience” with its new online, direct lending platform, Duane Freeman, ...
