Carpay

CarPay helps BHPH dealers become more profitable. By providing the dealers' borrowers with easier ways to pay, and by automatically keeping those customers up-to-date (via text/email) with their car loan, the dealer sees an immediate reduction in delinquencies. \nThen, the real-time data on each of those loans is repur

Carpay is a business in financial services based in Los Angeles, CA, founded in 2016.

Profile

CarPay helps BHPH dealers become more profitable. By providing the dealers' borrowers with easier ways to pay, and by automatically keeping those customers up-to-date (via text/email) with their car loan, the dealer sees an immediate reduction in delinquencies. \nThen, the real-time data on each of those loans is repurposed to create a marketplace where the loans can be sold to larger lenders; much like the way mortgages are.

The company sits in the financial services segment, where it competes on its core product or service.

The business is associated with Los Angeles, CA.

It is recorded at the HackerNoon Startups of the Year stage.

Its team size is recorded as 11-50 employees.

Website: carpay.com