Tag: Auto Lending
Auto financer Chedai grabs $52m Series B
Chinese used-car financing platform Chedai has raised ¥360m ($52m) in a Series B round led by Youjin Capital and Addor Capital. Read more: www.fintechroundup.com
Is auto lending headed down the same path as mortgage lending?
Cioffi sees lenders going down the scale as they mine subprime borrowers deeper and deeper. It’s more profitable when times are good and borrowers are paying, which attracts new entrants. Read more: www.lending-times.com