Where the Blockchain Tipping Point for Auto Finance Lies

  • Emma Sandler
  • July 18, 2017
Blockchain has many potential use cases for shared autonomous vehicles, including ensuring user privacy, issuing smart contracts, and making it possible for the car to be completely autonomous from the financial point of view. Suffice to say, blockchain has the capability of enabling the future of mobility because it not only involves OEMs but also […]

AutoGravity to Roll Insurance, Maintenance Options Into App

  • Natalie Mattila
  • July 13, 2017
AutoGravity is working to incorporate full-service leasing options — maintenance and insurance — onto its platform, Chief Financial Officer Lukas Wickart told Auto Finance News. “On AutoGravity, in the future, you will be able to not just finance a vehicle but add insurance and additional products with your car, so [the platform] becomes more of a […]

MaaS Global Receives Investment From Toyota Financial Services

  • Emma Sandler
  • June 20, 2017
Toyota Financial Services and its insurance partner Aioi Nissay Dowa Insurance Company led the most recent round of funding for a Finnish mobility startup MaaS Global, initiating an “ongoing” partnership between the lender and the startup, Mobility Finance has learned. MaaS Global, which secured over $11 million in funding, seeks to build an end-to-end mobility ecosystem with its Whim […]

AutoGravity Launched Real-Time Mobile Financing with Fletcher Jones Auto Group

  • Emma Sandler
  • June 16, 2017
AutoGravity, the fintech auto financing company, has updated its FJ Drive app, which links to Fletcher Jones Auto Group and its Mercedes-Benz dealerships, to now allow for financing of real-time inventory, the company announced yesterday. AutoGravity and Fletcher Jones Auto Group launched the app in Nov. 2016, but at that time only allowed users to look at a […]

Getaround Offers Income, Credit Boost

  • Natalie Mattila
  • June 7, 2017
SAN DIEGO — Potential car buyers are looking to Getaround — a peer-to-peer carshare platform — as an “equity-like income stream” that could boost their chances of landing a loan or lease, the startup’s Chief Financial Officer Adam Kosmicki said during a panel at last month’s Auto Finance Innovation 2017. “From an owner’s perspective, when you list […]
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