AutoFi, an online point-of-sale financing solution recently announced that it raised $17 million in new financing led by Crosslink Capital.
Singerman explained AutoFi is “re-imagining” the auto finance experience with a simple, transparent way to find affordable financing online at the point of sale when purchasing a vehicle online. AutoFi can let buyers pay for their new vehicle across multiple months via clear, straightforward interest loans at “fair” rates.
http://www.autoremarketing.com/subprime/autofi-gains-17-million-investor-financing