PYMNTS-MonitorEdge-May-2024

Auto Repair

Yelp to Expand Services Advertising Revenues With RepairPal Acquisition
Yelp to Expand Services Advertising Revenues With RepairPal Acquisition
November 08, 2024  |  Acquisitions

Local business information platform Yelp plans to acquire auto services platform RepairPal for about $80 million in cash. The acquisition is expected to close by the end of the year,...

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CCC Debuts Website-Building Tool for Collision Repair Shops
CCC Debuts Website-Building Tool for Collision Repair Shops
October 30, 2023  |  eCommerce

CCC Intelligent Solutions has unveiled a tool it says lets collision repair shops launch websites. CCC Amplify, announced Monday (Oct. 30) by the property and casualty insurance and...

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PartsTech Raises $35 Million to Expand B2B Automotive Parts Marketplace
PartsTech Raises $35 Million to Expand B2B Automotive Parts Marketplace
May 18, 2023  |  eCommerce

PartsTech has raised $35 million to expand its B2B marketplace for the auto repair industry. With the money raised from this Series C funding round, led...

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Auto Repair Shops Look to Software Platforms for Service, Scheduling and Payments
Auto Repair Shops Look to Software Platforms for Service, Scheduling and Payments
December 15, 2022  |  Back-office

Auto repair is about grease and gears, and digital is taking it in new directions. Speaking with PYMNTS’ Karen Webster for the J.P. Morgan Global...

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AutoNation Moves Into Mobile Car Servicing With $190M RepairSmith Acquisition
AutoNation Moves Into Mobile Car Servicing With $190M RepairSmith Acquisition
December 12, 2022  |  Retail

AutoNation says it will expand its post-sale vehicle service offerings by acquiring mobile car repair platform RepairSmith. The $190 million deal, announced Monday (Dec. 12), is happening when...

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Auto Repair Tech Startup ServiceUp Nets $14.5M to Expand
Auto Repair Tech Startup ServiceUp Nets $14.5M to Expand
September 27, 2022  |  Connected Economy

Autotech startup ServiceUp, which provides end-to-end car repairs, has secured $14.5 million in Series A funding, a press release said. The startup, founded in South...

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New ‘Shop Talk’ Among Auto Mechanics: Embedded Payments and Instant Financing 
New ‘Shop Talk’ Among Auto Mechanics: Embedded Payments and Instant Financing 
August 11, 2022  |  Payments Innovation

For an industry that recognizes the need for speed, the auto repair industry has been a bit slow off the line in the race to...

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How Auto Collision Repair Shops Can Avoid A Cash Flow Wreck
How Auto Collision Repair Shops Can Avoid A Cash Flow Wreck
January 24, 2020  |  B2B Payments

Cash flow management remains a major headache for small companies of all kinds, preventing many firms from making payroll, paying bills or even staying in...

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Safelite, Ingo Money Team To Pay Auto Claims In A Day
Safelite, Ingo Money Team To Pay Auto Claims In A Day
August 07, 2018  |  Mobile Applications

The first thing that probably pops into one’s head at the mention of Safelite, the auto glass and claims management company, is its familiar jingle:...

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