Carpay
Buy Here. Pay From Anywhere.
Venice, United States · Founded 2016 · $7.6M raised
- Headquarters
- Venice, California
- Employees
- 11–50
- Founded
- 2016
- Business Model
- B2B
- Website
- carpay.com
- Total Funding
- $7.6M
- Last Round
- $6.3M Series ADec 2020
- Rounds
- 2
About
Carpay is a mobile app and loan management platform purpose-built for Buy Here Pay Here (BHPH) auto dealerships. The platform gives borrowers easy access to their loan accounts through a mobile app with Face ID login, enabling them to make payments, enable autopay, view detailed receipts, check balances, and manage notification preferences. For dealers, Carpay provides automated text and email payment reminders, portfolio summary and delinquency data, and two-way DMS integration that automatically syncs borrower payments. Since its founding in 2016, Carpay has processed over $800 million in payments, helping dealers grow their collection portfolios without adding staff.
Summary
Carpay is a Fintech company based in Venice, United States, founded in 2016. It has raised $7.6M in total across 2 rounds, most recently a $6.3M Series A round in Dec 2020. Investors include Social Leverage, FJ Labs and Pipeline Capital.
Tech & App Stack
10 technologies & apps tracked
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
Sign up to view the funding chart
Create a free account with 25 free credits every month, no card needed, to unlock funding history, valuations, and tech stacks.
Dec 2020
Sign up to see all 2 rounds
Full funding history, per-round amounts, and investor participation.
Investors
Similar Companies
Citi is a leading global bank for institutions with cross-border needs, a global provider in weal...
Global fintech company operating Alipay and providing digital payment, wealth management, insuran...
Regulated institutional-grade cryptocurrency exchange offering spot trading for Bitcoin, Ethereum...
Robinhood offers commission-free investing and tools to help shape your financial future.
Economic infrastructure for the internet.
Grab is Southeast Asia's leading super-app, providing ride-hailing, food and grocery delivery, di...
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/carpay"><img src="https://indexed.vc/api/badge/company/carpay" alt="Carpay on Indexed.vc" width="260" height="76" /></a>