AutoFi, the San Francisco-based provider of dealership systems to support online vehicle sales and financing, has raised $85 million to expand its operations, the company said on Monday.
The pandemic has spurred increasing consumer interest in online vehicle financing and purchases from U.S. auto dealers, a trend acknowledged and generally supported by automakers. AutoFi said its digital commerce platform was used to process more than one million vehicle financing requests in 2021, supporting more than $3 billion in retail sales.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooSG - 🏆 3. / 71 Read more »
Source: straits_times - 🏆 5. / 69 Read more »
Source: YahooSG - 🏆 3. / 71 Read more »