- B2B
- Early StageStartup in initial stages
- Website
- Locations
- Company size
- 11-50 people
- Total raised
- $9.9M
- Company type
- Automotive Products SaaSConsumer Financial Services
- Markets
Carpay careers
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.
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
CTO/Co-founder CarPay, Inc; Founder HowTheMarketWorks.com (1+ million registrations; sold it), FastProtos.com (3D printing; still own)
Brandon Cavalier
CEO at Carpay
Valuation
$25.5M
Funded over
5 rounds
Latest round
Series A (Jan 2021)
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