AutoFi's suite of products integrates the online, remote, and in-store sales experiences, providing automotive commerce solutions and tools that help dealers close sales.
Funding round supports further expansion and solidifies AutoFi’s position in the changing landscape of automotive retail.
New business division offers enterprise customers a more flexible finance solution for vehicle purchase.
CDK Global announced on Tuesday that AutoFi has agreed to consume digital retailing APIs from the Fortellis Automotive Consumer Exchange Platform. Equifax, one of the platform’s inaugural publishers, also said on Tuesday it will publish new APIs for the platform.
Through the newly forged partnership, Chase will deliver financing terms online through the AutoFi Platform. The finance source is the first national bank to join the Ford Credit-backed AutoFi platform.
The editor takes you inside a conference that had digital retailing makers wooing auto finance execs.
There were plenty of new innovations on display in and around NADA 2017. The editor takes you on a tour of five new tech tools aiming to help dealers land more sales and F&I opportunities.
AutoFi today announced the addition of iLendingDIRECT and its network of credit unions to its point-of-sale auto finance solution. The fintech firm also announced its entrance into the used-vehicle market.
The captive announced a new connection to San Francisco-based AutoFi, which provides a platform that allows customers to purchase and finance a new vehicle via the dealership’s website.
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