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Used Car Week Hall of Fame honoree Jared Kalfus of Black Book
We finish our series featuring the 2026 Used Car Week Hall of Fame honorees with a conversation featuring Black Book president Jared Kalfus. Kalfus describes what it takes to be successful in sales and why face-to-face conversations are still vitally ... Listen Here
SPONSORED EPISODE: Prospects for more auto refinancing with Gravity Lending
In this special sponsored episode of the Auto Remarketing Podcast brought to you by Allied Solutions, we turn our attention to auto refinancing. Brad Paxman oversees 90 lender relationships for Gravity Lending, which is an auto refinance and fintech company ... Listen Here
Used Car Week Hall of Fame: Bob McConkey of McConkey Auction Group
Next up on our series featuring the 2026 Used Car Week Hall of Fame honorees is a conversation with Bob McConkey, president and CEO of the McConkey Auction Group. McConkey, along with MAG chief operating officer David Pendergraft and DAA ... Listen Here

TrueCar acquires Digital Motors to reinforce TrueCar+ marketplace

TrueCar booth at NADA Show 2022
Auto Fin Journal Staff
The volume of dealerships changing hands has been growing for some time. Now in recent days, acquisitions involving products and software connected to financing and retailing are intensifying, too. On the heels of J.D. Power announcing a pair of acquisitions, TrueCar said on ... [Read More]

DriveItAway rolls out Polestar 2 EV subscription program

John Possumato with EVs for web
Auto Fin Journal Staff
DriveItAway founder and chief executive officer John Possumato wants to give consumers as many options as possible when using the company’s electric vehicle subscription to ownership program. On Wednesday, DriveItAway Holdings launched an initiative with Polestar 2 for anyone who would ... [Read More]

Inovatec & Lightico partner to help users offer end-to-end digital journey for customers

vlad and zviki for web
Auto Fin Journal Staff
Two service providers with international presences and leaderships now are working together to smooth customer journeys with digital solutions for finance companies and lenders throughout North America. Inovatec Systems, based in Burnaby, British Columbia, recently reached a collaborative agreement Lightico, ... [Read More]

Latest equity close pushes FINN valuation above $500M

money-stack
Auto Fin Journal Staff
In March, FINN expanded its vehicle subscription offering to western Pennsylvania, Massachusetts, Connecticut and Washington D.C., following its initial U.S. rollout in December. And now the company has additional financial resources to expand more. Last week, FINN announced it has closed ... [Read More]

2 months into launch, Solera Auto Finance now funds in 20 states

Solera booth at NADA_0
Auto Fin Journal Staff
Solera Auto Finance (SAF) launched in March during NADA Show 2022, building momentum and bettering its own initial growth estimates. The company recently said it is already well-positioned in the used-vehicle finance market, signing dealer agreements and funding contracts within ... [Read More]

Constant & Celerit partner to drive servicing modernization

cloud computing
Auto Fin Journal Staff
Constant, a provider of digital loan servicing solutions, announced a partnership with Celerit, a veteran provider of technology services to the financial services industry. Celerit, which has a 30-year history of supporting bank loan servicing shops and their core software ... [Read More]

Lendbuzz makes Forbes’ list of best startup employers

Consistency is name of the game for J.D. Power’s 2024 ALG residual value awards in Canada
Auto Fin Journal Staff
Lendbuzz appears to be putting nearly $700 million in growth resources to good use. The firm that is striving to modernize what it contends is an “outdated” auto-finance industry, using artificial intelligence with a focus on serving consumers who have ... [Read More]

PODCAST: Monthly fraud episode explores technology development & integrations

podcast image
Auto Fin Journal Staff
For the latest episode of the Auto Remarketing Podcast focused on fraud, Point Predictive’s Frank McKenna and Justin Davis explore how technology is developed to keep fraud from infiltrating dealerships and finance companies. McKenna and Davis also touched on the ... [Read More]

Caribou gains unicorn status with latest funding pushing company value above $1B

kevin bennett caribou for web
Auto Fin Journal Staff
In this particular case, Caribou is a unicorn. One of the 2020 Emerging 8 honorees that’s involved in auto refinancing and more announced on Friday that it has closed $115 million in an oversubscribed Series C funding round, which brings ... [Read More]

Allied Solutions acquires CU Direct’s Lending Insights platform

merger and acquisition image
Auto Fin Journal Staff
Allied Solutions is making its solutions stronger, especially for credit unions. Last week, one of the largest providers of insurance, lending, risk management, and data driven solutions to financial institutions announced the acquisition of CU Direct’s Lending Insights platform. The ... [Read More]

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