United States · Financial services startup
United States · Carpay
Carpay is a financial technology company that specializes in cloud-based loan management software and mobile applications for Buy Here Pay Here (BHPH) car dealerships.
Funding reportedLast round: Series A
About Carpay
Carpay is a financial technology company that specializes in cloud-based loan management software and mobile applications for Buy Here Pay Here (BHPH) car dealerships.
Founded in 2016 and based in Venice, California, Carpay focuses on the subprime auto lending market, offering solutions that streamline payment collection and enhance the customer payment experience. The company provides a range of services tailored to BHPH dealers, including loan portfolio management, automated payment reminders, and multi-channel payment processing. Their product ecosystem features a mobile app for borrowers, a web portal for dealers, and an IVR phone system for account management. Carpay's tools help dealers manage high volumes of subprime loans, reduce delinquencies, and improve customer satisfaction, allowing them to focus on revenue generation. With significant funding and a dedicated team, Carpay is positioned to support the unique needs of the automotive retail sector.
What company datasets say Carpay raised
Funding, as reported
Founders and team
From Carpay's own website and the SEC filings it signed: 2 founders, 13 on the team.
- Joanna SlateVP, Operations
- Katie BrownHead of Support & Success
- Matt DarlingVP of Revenue
- Daniel Da SilvaSenior Software Engineer
- Daniel MooreData Quality Engineer
- Jessica CavalierDirector of Finance
- Kathryn KirchnerCustomer Success Manager
- Myles StevensonData Quality Manager
- Rocio SanchezMarketing Manager
- Sabrina StarrCustomer Success Manager
- Steve WoodlandDirector of Strategic Accounts
- Steven KaatsProduct Manager
- Nicholas SwezeyExecutive Officeri
On the board, as filediGary BenittMike Dean
On 2 portfolio pages
Investors who name them
Each firm lists Carpay on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.
The company, in detail
What they build
Known for
used carsreserveautopay enablementbhph industry toolsbuy here pay hereinformation technology & servicesfinancial servicesautomated payment remindersmobile appfinancepayment flow automationloan servicing automationcustomer payment managementsoftware as a servicebhphpayment processing
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- Sector
- Financial services
- Industry code
- NAICS 513210, 522320, SIC 7389
- Region
- California
- Full record
- Every detail in the company directory
Financial services in United States
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