PYMNTS
DECEMBER 3, 2019
As digital and mobile technology changes the automotive market, vehicle subscription and online marketplace businesses are also growing, and undergoing changes. Automotive sales are increasing going digital — and more consumers are buying more used products of all types online.
PYMNTS
SEPTEMBER 5, 2019
One of the latest, ongoing trends is the rise of online luxury resale commerce. The company has raised a total of $288 million in funding from venture capital and private equity backers, including Great Hill Partners, Greycroft, PWP Growth Equity, Sandbridge Capital, Industry Ventures and Canaan. Indeed, in its recent U.S.
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PYMNTS
JANUARY 9, 2020
Automotive sales are increasingly going digital – and more consumers are buying more used products of all types online. According to the report , the deal comes as Carro raised some $30 million in fresh capital. With the pilot, Mercedes-Benz is launching three tiers: Signature, Reserve and Premier.
PYMNTS
JUNE 12, 2018
In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. They all had a pretty tough time and took losses a lot more than expected,” said Henry Song, a portfolio manager at Diamond Hill Capital Management Inc.
Abrigo
JANUARY 22, 2015
Over the first half of 2014, these banks, with an approval rate of just under 60 percent, beat out large national banks (31 percent), large regional banks (45 percent) and online lenders (38 percent). Its goal was to capture the perspectives of small businesses with less than 500 employees across ten states.
PYMNTS
FEBRUARY 9, 2017
Retailers are banking on a new way to get consumers away from shopping online and back in stores by solving a major headache: charging a mobile device.
PYMNTS
MARCH 11, 2020
Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”.
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