Retail, Proximity & IoT Marketing

Digital Retail Pioneer AutoFi Announces Key Hires

Comes As Company Reveals It’s On Track to Support $10 Billion in Vehicle Sales Through Dealer Partners and $1 Billion in Lender Network Financing in 2021
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Kerri Wise Joins as VP of Marketing.

Axel Oehlers Joins as VP of Finance.

Today, AutoFi, a digital retail pioneer making it easier to sell and buy vehicles, announced the addition of two key hires as the company experiences significant growth in 2021. Former TrueCar, Edmunds, and J.D. Power Executive Kerri Wise joins the company as Vice President of Marketing. And seasoned finance veteran Axel Oehlers joins the company as Vice President of Finance.

“I couldn’t be more excited to have Kerri and Axel join the team,” said AutoFi CEO Kevin Singerman. “We’re poised for explosive growth this year: At our current rate, hundreds of thousands of customers representing $10 billion in vehicle sales will come through the AutoFi platform at our dealer customers, and our lender network is on track to originate over a billion dollars in vehicle financing through the platform.

“Kerri is one of the most sought-after and respected voices in the industry,” Singerman continued. “She will elevate our vision and brand and ensure we continue to be a thought leader for our customers. And Axel brings years of experience in both Automotive SaaS and captive finance organizations. I am confident these two seasoned professionals will help position us for long-term success.”

“I have spent my entire career working to help the automotive industry harness the power of technology, data, and transparency to serve customers better and close more sales,” said Kerri Wise. “And that’s why I’m delighted to join the team at AutoFi. They’re helping dealerships across the country, and large enterprise clients use digital finance to dramatically improve customer satisfaction, sales, and profitability so that everyone wins.”

“Dealerships that empower their customers to finance their vehicle wherever they like—be it in the showroom floor or on their living room couch—are the dealerships that will win more business and profits,” said Axel Oehlers. “AutoFi is leading the way in helping dealers and consumers to finance cars completely online from start to finish. And I couldn’t be more excited about the work we have in front of us.”

More than two thousand dealers use AutoFi’s digital retail solution to fuel more vehicle sales at significantly higher margins by moving showroom, sales, and financing operations online. Through the platform, consumers can quickly secure credit approval and receive multiple competing offers from a network of the largest automotive lenders in North America.

AutoFi gives consumers the flexibility to select the down payment, interest rate, and payment terms that work best for them using an easy-to-use digital interface. Customers can receive cash offers for vehicle trade-ins through the platform. And they can choose any protection plans, services, and warranties they might want. The end of the process is not a paper printout with estimated payment terms; it’s a complete transaction with approved financing. Finally, customers can schedule vehicle pick-ups or home delivery.

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