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BuildGroup Leads $14 Million Investment Round in DigniFi, a Modern Business Model that Matches Financing Solutions to Auto Dealers and Customers

Jun 30, 2020•about 5 years ago

Amount Raised

$14 Million

Austin

Description

BuildGroup, the first operator-led, permanent capital investment company focused on modern business models, announced today its investment in DigniFi, an AI-powered SaaS-plus financial platform that connects consumers with lenders for auto parts, repairs and services. BuildGroup led DigniFi’s $14 million Series A round.

Company Information

Company

DigniFi

Location

Austin, Texas, United States

About

DigniFi is a platform company that connects consumers with lenders for car repairs, tires, accessories, and other auto-related needs. The automated, contactless process serves up financial products through the point of sale at car dealerships and independent repair shops. DigniFi provides consumers with access to fixed payment plans from 12 to 36 months. The loans are originated through WebBank, an FDIC-regulated bank. To date, DigniFi has provided access to over $120 million in loans in partnership with more than 5,000 auto service centers. For more information, please visit www.dignifi.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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