Lender Compliance Technologies Raises $4.15M in Series A Funding
- Lender Compliance Technologies, TX-based company that specializes in compliance solutions for automotive, RV, marine, raised $4.15m in Series A funding
- The round was led by a team of seasoned software entrepreneurs and joined by Automotive Ventures and Driven Capital Partners
- The company intends to use the funds for the ongoing development of its technology solutions to help lenders mitigate regulatory risks
- The company develops digital solutions to help lenders mitigate regulatory risks
- This announcement follows the launch of LCT’s Refund Control™, a lender-controlled compliance solution for F&I product cancellations and refunds
- Refund Control is currently in the pre-sales phase, with official U.S. rollout scheduled in just a few short weeks
