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Californian fintech firm AutoGravity, FIFSG partner to expand financing options

Fintech pioneer AutoGravity has announced a partnership with First Investors Financial Services (FIFSG) that broadens the auto financing options available to AutoGravity customers. The collaboration brings the finance company's indirect lending business onto the revolutionary AutoGravity platform.

According to the release, the new collaboration will expand the financing options that are available for the growing number of customers, who are expecting convenience and empowerment that come with using the AutoGravity iOS, Android or Web App.

“AutoGravity is reinventing the car financing journey by using smartphone technology to provide a better experience for consumers, dealers, and lenders. Our partnership with First Investors Financial Services reinforces our commitment to provide customers with finance options. Additionally, our indirect lender partners gain direct access to customers looking for vehicle financing. It's a win-win situation,” Andy Hinrichs, founder, and CEO of AutoGravity, stated.

The fintech firm aims to realize the full potential of smartphone technology to empower customers with vehicle finance offers. The AutoGravity application is available on the Apple App Store, the Google Play Store and focuses in connecting consumers to lenders and dealerships using a seamless digital platform.

“Our partnership with AutoGravity helps us reach a new generation of customers and positions us to stay ahead of innovation," Tommy Moore, President, and CEO of First Investors Financial Services, said. "We are excited to work with AutoGravity and utilize cutting-edge technology to meet the needs of our customers and dealers while enhancing our presence in the market.”

The fintech company said that additional app features and updates are under development, which will be announced soon.

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June 23 14:30 UTC Released

USECRI Weekly Annualized*

Actual

3.4 %

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Previous

3.7 %

June 23 14:30 UTC Released

USECRI Weekly Index*

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143.7 %

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144.0 %

June 26 08:00 UTC 572572m

GBIfo Expectations*

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106.5 k

June 26 08:00 UTC 572572m

DEIfo Business Climate*

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114.4 bln BRL

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114.6 bln BRL

June 26 08:00 UTC 572572m

DEIfo Expectations*

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106.4 %

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106.5 %

June 26 08:00 UTC 572572m

DEIfo Current Conditions*

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123.3 mln

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123.2 mln

June 26 08:30 UTC 602602m

GBIfo Expectations*

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Previous

40.750 k

June 26 08:30 UTC 602602m

BRBBA Mortgage Approvals

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Previous

40.750 k

June 26 11:00 UTC 752752m

BRBBA Mortgage Approvals

Actual

Forecast

Previous

84.2 k

June 26 11:00 UTC 752752m

RUFGV Consumer Conf*

Actual

Forecast

Previous

84.2 %

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