Locations
Santa Monica, CA, USA · Venice, CA, USA
industry
Finance · Mobile, Platforms, and Apps · Software
Size
11-50 employees
Stage
Series A
founded in
2017
Carpay is a loan management software designed for Buy Here Pay Here (BHPH) dealers, enabling them to efficiently manage their loan portfolios. The platform offers a mobile app that allows borrowers to make payments through various channels, including online and via phone, while automating payment reminders to reduce manual work for dealers. Carpay's differentiation lies in its seamless integration with dealers' existing systems, providing a user-friendly experience for both dealers and borrowers. Since its inception in 2016, Carpay has positioned itself as a vital tool in the U.S. auto finance ecosystem, helping dealers enhance customer satisfaction and streamline operations.
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