With only two years since AutoGravity began back in October of 2016 they have courted dozens of new car lenders to their car martkerplace and financial programs. And today “there are more lenders knocking on the door than we can let in,” said Serge Vartanov, chief marketing officer. AutoGravity intends to continue to grow their client base and eventually focus on improving the clients they already have.
Take its ties with U.S. Bank, for instance.
In January, U.S. Bank launched an auto financing platform on its website, powered by AutoGravity. Because of AutoGravity’s partnerships with automakers and dealerships, U.S. Bank customers can access a database of dealership inventory through the platform. AutoGravity built the white-labeled platform in less than two months so U.S. Bank’s auto financing tool would be live in time for the 2018 Super Bowl at U.S. Bank Stadium in Minneapolis. White-labeled products are those produced by one company and rebranded and sold by another.
“This is one example of how we have been able to expand and deepen the relationship with one of our lenders,” Vartanov said. “By working with a technology provider like AutoGravity, [U.S. Bank was] able to get this live effectively less than two months from the time we decided to engage with them, which in the automotive industry is light speed and really speaks to U.S. Bank as an innovator and their willingness to embrace innovation and drive the way people are buying and financing cars in the industry.”
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