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GM Financial Strengthens Ties With Blockchain Startup, First Products Revealed

GM Financial has expanded its partnership with Spring Labs through a $23 million Series A funding round, the startup announced on Wednesday. The round was led by GreatPoint Ventures “with significant participation from existing investors,” including General Motors Ventures, August Capital and RRE Ventures, among others, according to a press release. Through the GM Ventures […]

GM Financial Joins Startup Blockchain Network for Fraud Prevention

General Motors Financial Co. is turning to blockchain technology from Spring Labs to strengthen fraud prevention and detection capabilities. Spring Labs, which counts GM Financial as its “cornerstone partner” in the auto finance space, is building a blockchain-based network of finance and technology companies, company Founder and Chief Executive Adam Jiwan told Auto Finance News. […]