Fintech Startup Automatic Raising Capital To Expand Operations In The Used Cars Market

With record demand and pricing for used cars, we are experiencing history in the making. Automatic, a disruptive fintech platform tapping into the burgeoning $1.3 trillion used cars market, is along for that ride. Automatic, which was founded in early 2020, connects independent used auto dealers with lenders and finance & insurance vendors. The timing of the technology build and their strategic positioning has helped them expand to almost 1000 dealerships in their early growth stages.