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HomeBankingGoldman Sachs: Leads $45m funding round in auto finance specialist MotoRefi
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Goldman Sachs: Leads $45m funding round in auto finance specialist MotoRefi

By: Laura M

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Goldman Sachs: Leads $45m funding round in auto finance specialist MotoRefi

  • Goldman Sachs a leading global financial institution that delivers a broad range of financial services across investment banking
  • Auto fintech start-up, MotoRefi, has secured a $45 million Series B funding round
  • MotoRefi claims sevenfold revenue growth from Q1 2020 to Q1 2021
  • MotoRefi works directly with US credit unions and other lending institutions to enable consumers to refinance their auto loans
  • With the new injection of funds, the company plans to invest in its platform and continuing to expand the team
  • The company led the round, joined by new investor IA Capital and existing investors, Moderne Ventures, Accomplice, Link Ventures
Laura M
Laura M

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