AutoFi and Santander Consumer USA plan to launch a finance-based auto shopping marketplace this spring. The online, direct-to-consumer (D2C) marketplace will use a soft credit pull and enable shoppers to focus on cars they can afford, the digital commerce technology provider and the consumer finance...
AutoFi, a San Francisco-based eCommerce platform for online car sales and financing, has closed $85 million in funding, valuing the company at nearly $700 million, according to a Monday (March 7) press release. The company will use the capital to fast-track its investment in its...
Online car retailer TrueCar is now working with AutoFi to give customers more advanced ways to explore auto financing. With the partnership, those who have configured payments with TrueCar will be able to apply for financing through the dealer of their own choice. Then they will be able to...
In today’s top retail news, the U.S. division of L’Occitane has filed for Chapter 11 bankruptcy, while AutoFi is shifting into high gear with the debut of its “lending as a service” division. Plus, a new Federal Reserve Bank of New York study finds that individuals anticipate that...
January 18, 2023
AutoFi and Santander Consumer USA plan to launch a finance-based auto shopping marketplace this spring. The online, direct-to-consumer (D2C) marketplace will use a soft credit pull and enable shoppers to focus on cars they can afford, the digital commerce technology provider and the consumer finance company said in a Wednesday (Jan. 18) press release. “The […]
March 07, 2022
AutoFi, a San Francisco-based eCommerce platform for online car sales and financing, has closed $85 million in funding, valuing the company at nearly $700 million, according to a Monday (March...
August 04, 2021
Online car retailer TrueCar is now working with AutoFi to give customers more advanced ways to explore auto financing. With the partnership, those who have configured payments with TrueCar will be able to apply...
January 26, 2021
San Francisco’s AutoFi is shifting into high gear with its launch of a “lending as a service” division aimed at business customers. In a press release, the financial technology company...
