AutoFi has raised $10 million in its quest to make it easier to take out a car loan.
The San Francisco-based financial technology company said on Thursday it has completed a Series A funding round, with investors including Crosslink Capital, Ford Motor Credit Company and Lerer Hippeau Ventures.
AutoFi makes a white-label technology platform that allows car dealers to offer faster, online financing to customers. It recently partnered with Ford’s financing arm, Motor Credit, and its technology is being introduced at select Ford and Lincoln dealerships. Read rest here.