A leading online platform for digital auto sales and financing has scored a major cash infusion from investors and broadened its relationship with one of the world’s top auto finance companies as more dealers and consumers look to streamline the process and operate more efficiently.
San Francisco-based AutoFi announced it closed an $85 million funding round boosting its total valuation at almost $700 million. AutoFi CEO and co-founder Kevin Singerman told Forbes.com that's the biggest cash infusion in the company's almost seven year history.
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