Carpay company logo
Loan Management Software for Buy Here Pay Here (BHPH)11-50 Employees
  • B2B
  • Early Stage
    Startup in initial stages
Website
Locations
Company size
11-50 people
Total raised
$9.9M
Company type
Automotive Products SaaSConsumer Financial Services
Markets
SaaSB2BAutomotiveMobile PaymentsConsumer LendingFinance TechnologyFin Tech
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Carpay careers

Loan Management Software for Buy Here Pay Here (BHPH)
CarPay helps BHPH dealers become more profitable. By providing the dealers' borrowers with easier ways to pay, and by automatically keeping those customers up-to-date (via text/email) with their car loan, the dealer sees an immediate reduction in delinquencies.
Then, the real-time data on each of those loans is repurposed to create a marketplace where the loans can be sold to larger lenders; much like the way mortgages are.
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Nick Swezey
Avatar for Nick Swezey
CTO/Co-founder CarPay, Inc; Founder HowTheMarketWorks.com (1+ million registrations; sold it), FastProtos.com (3D printing; still own)
Brandon Cavalier
Avatar for Brandon Cavalier
CEO at Carpay
Valuation

$25.5M

Funded over

5 rounds

Latest round

Series A (Jan 2021)

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