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
