Outside of their home, or their children’s education, their car is most Americans’ largest purchase. But when it comes to making that purchase, many would-be customers run up against two big obstacles: a lack of transparency around financing solutions, and outdated software first launched in...
Carputty has added artificial intelligence (AI) solutions to its auto financing platform and says that one-third of the applications it receives are now AI-decisioned. AI makes for faster, more transparent and less subjective decisions, the FinTech focused on auto financing and ownership said in a Thursday...
Car loan startup Carputty raised $7.2 million in a seed round led by a $3 million backing by Kickstart Fund, according to a press release on Friday (August 6). Additional investors included Kinetic Ventures, University Growth Fund, Aries Capital Partners and entrepreneur John Dancu. Carputty...
July 22, 2024
Outside of their home, or their children’s education, their car is most Americans’ largest purchase. But when it comes to making that purchase, many would-be customers run up against two big obstacles: a lack of transparency around financing solutions, and outdated software first launched in the previous century. “Consumers go to dealerships and pick out […]
September 14, 2023
Carputty has added artificial intelligence (AI) solutions to its auto financing platform and says that one-third of the applications it receives are now AI-decisioned. AI makes for faster, more transparent and less subjective decisions, the FinTech focused on auto financing and ownership said in a Thursday (Sept. 14) press release. Traditional auto lending processes often suffer from […]
August 06, 2021
Car loan startup Carputty raised $7.2 million in a seed round led by a $3 million backing by Kickstart Fund, according to a press release on Friday (August 6). Additional...