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Tag: auto finance

Fintech Nexus Newsletter (November 22, 2023): CZ Out as Binance Chief, Pleads Guilty

So much for a slow news week this Thanksgiving. The fast-moving cluster that was the OpenAI leadership battle appears to have been resolved with Sam...

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Auto Trader gauges impact of used car supply shortage on car supermarkets

The lack of new car supply over recent years will significantly impact the UK’s car supermarkets next year who will struggle to secure used...

Carlyle to acquire used car finance platform Evolution Funding

Global investment firm Carlyle has agreed to acquire Evolution Funding, the UK used car finance platform, for an undisclosed sum. The acqusition includes investment alongside Evolution’s founders...

Autonomous Driving Company Mogo Auto Secures Series C2 Financing, Tencent Participates in

On May 6th, it was reported by 36Kr that Mogo Auto, a company offering autonomous driving technology and operation services, has successfully raised 580...

Autonomous Driving Company Mogo Auto Secures Series C2 Financing, Tencent Participates in – Pandaily

On May 6th, it was reported by 36Kr that Mogo Auto, a company offering autonomous driving technology and operation services, has successfully raised 580...

BYD Launches The Tang SUV, Han Flagship Sedan, & Yuan Plus In Mexico!

The electric mobility sector is starting to get really exciting now, as a lot of the firms that manufacture electric vehicles are starting to...

Make EV adoption easier by offering auto finance first (David Woodroffe)

Auto finance is doing bigger business than ever. But in the drive to convert the world to electric vehicles (EVs), there’s huge potential to...

TD Auto to integrate loan payments on bank app

TD Auto Finance plans to launch an integrated digital experience in the third quarter that allows customers to manage their auto loan using the...

Applications open for 2023 Demo Challenge

Auto Finance News, a sister publication of Bank Automation News, is pleased to announce that applications are now open for the 2023 Demo Challenge, which will take...

Car debt is piling up as more Americans owe thousands more than vehicles are worth

Chris Martin knew he needed a bigger car as the birth of his fourth child approached, but he and his wife were already $14,000...

Digital innovations are modernizing car shopping. why isn’t automotive finance next?

Customers want seamless digital finance experiences when shopping for a vehicle, yet traditional and even new direct-to-consumer (D2C) manufacturers are slow to offer true...

Metro Bank moves into the auto finance market

Metro Bank is moving into the auto finance market, beginning with real-time hire purchase loans for used cars currently available through motor brokers....

TD Bank uses tech modernization to improve agility

The $1.4 billion TD Bank is rolling out a new initiative that will modernize its IT infrastructure by shifting more to the cloud. Next...

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