DALLAS – MUSA Auto Finance, an automotive finance and technology lender specializing in effortless leasing, has announced that it will rebrand as DRIVRZ Financial.
Simplifying complex processes through automation has been our hallmark since MUSA opened its doors.
This new brand will serve as the leasing and finance division of PowerBand Solutions (TSXV:PBX) (OTCQB:PWWBF) (Frankfurt:1ZVA) ("PowerBand", "PBX" or the "Company"), which acquired a 60 percent share of MUSA in July 2019.
The company will continue growing its indirect lending business while also branching into direct-to-consumer financing, traditional retail financing, and lending across the full credit spectrum.
MUSA’s initiatives will culminate in a one-stop mobile marketplace where consumers and auto dealers can lease, buy, sell, trade-in, auction and insure vehicles on any digital device. MUSA will provide fast, convenient leasing and financing options through the app.
“Simplifying complex processes through automation has been our hallmark since MUSA opened its doors,” said Jon Lamb, CEO of MUSA Auto Finance. “We look forward to bringing the same impeccable user experience to the DRIVRZ mobile app and all our new business lines.”
MUSA will transition to the DRIVRZ Financial brand over the next several months.