Agora Data Grabs Additional Funding
Summary
ARLINGTON, TX, Agora Data is thrilled to announce additional funding capacity from Waterfall Asset Management for up to $100 million. Agora Data, a leading fintech company dedicated to empowering car dealers with finance company-level strength while maintaining their existing processes, is thrilled to announce additional funding capacity from Waterfall Asset Management for up to $100 million. Car dealerships can secure affordable capital to build their own non-prime captive finance company, obtain actionable loan performance data to improve their lending portfolios, and use a wide range of solutions to grow their business safely. Powered by patent pending artificial intelligence (AI) and machine learning technology, car dealers can access real-time data analytics and planning resources to help optimize the performance of their portfolios. Agora Data made history by closing the first-ever crowdsourced non-prime auto securitization in 2020 and continues to bring groundbreaking financing solutions to an underserved market.