AutoGravity, a FinTech developer on a mission to transform auto financing by harnessing the power of the smartphone, this week announced a partnership with First Investors Financial Services, bringing the finance company’s indirect financing business onto the AutoGravity platform.
The newly announced partnership expands the financing options available to a growing generation of customers seeking the convenience and empowerment that come with using the AutoGravity iOS, Android or Web App.
The AutoGravity app can connect consumers to finance companies and dealerships using a seamless digital platform. Shoppers can choose any new vehicle, find a dealership that sells the model, apply for financing and select from up to four personalized finance offers. They can then take their chosen offer to the dealership to seamlessly lease or purchase the vehicle they’ve selected.
“Our partnership with AutoGravity helps us reach a new generation of customers and positions us to stay ahead of innovation,” said Tommy Moore, president and chief executive officer of First Investors Financial Services.
“We are excited to work with AutoGravity and utilize cutting-edge technology to meet the needs of our customers and dealers while enhancing our presence in the market,” Moore continued.
Headquartered in Irvine, Calif., AutoGravity was founded by an international team of digital natives and industry veterans on a mission to realize the full potential of smartphone technology to empower customers with vehicle finance offers.
As an early adopter, First Investors can reach digitally-savvy millennials with indirect loan offers through the seamless AutoGravity smartphone experience, sending qualified buyers to the showroom with offer already in hand.
“AutoGravity is reinventing the car financing journey by using smartphone technology to provide a better experience for consumers, dealers and lenders,” said Andy Hinrichs, founder and chief executive officer of AutoGravity.
“Our partnership with First Investors Financial Services reinforces our commitment to provide customers with finance options,” Hinrichs continued. “Additionally, our indirect lender partners gain direct access to customers looking for vehicle financing. It’s a win-win situation.”
The AutoGravity app is available via the Apple App Store, the Google Play Store and all web devices at . The company said additional app features and updates are under development and will be announced soon.