Joydrive, an online car marketplace, is working with the dealers within their network to bring auto financing to their consumers through their site. To help facilitate this, Joydrive is seeking a potentially long term partner to help "integrate a financing marketplace" according to Chief Executive of Joydrive, Hunter Gorham who recently spoke to Auto Finance News.
“Early on we decided not to exclusively align with just one lender,” he said. “We have created an online marketplace to buy a car from your couch and integrating that with a financing marketplace — almost bringing in a Rocket Mortgage element to it — where it’s just faster, smoother, and can be more digitized and may be attractive to our customers.”
Gorham understands the importance of financing, having spent 14 years of his career with General Motors Acceptance Corp. and then Ally Financial Inc., most recently helping to lead the lender’s digital platform initiatives.
Read more here
Join us in Madrid from the 13th to the 16th of November for the Property Portal Watch Conference.