Agora Data, a fintech company with its mission to 'enable any car dealer to be a finance company' by providing technology, capital, and guidance with predictable loan performance and analytics, began 2024 with the successful closing of multiple company financial milestones. In three transactions that closed in 2024, Agora added nearly $200 Million in new funding capacity from numerous new and repeat equity investors, a revolving asset-backed credit facility provided by a large global money center bank, and a new corporate debt facility provided by Phoenix Merchant Partners. Combined with additional transactions that closed in late 2023, these capital raises and commitments result in $400 Million in funding capacity to support Agora's dealer partners.

Agora Data is an automotive industry fintech revolutionizing financing for car dealers and finance companies. Car dealerships can secure affordable capital to build their own non-prime captive finance company, obtain actionable loan performance data to improve their lending portfolios, and use a wide range of solutions to grow their business safely. Powered by patent pending artificial intelligence (AI) and machine learning technology, car dealers can access real-time data analytics and planning resources to help optimize the performance of their portfolios. Agora Data made history by closing the first-ever crowdsourced non-prime auto securitization in 2020 and continues to bring groundbreaking financing solutions to an underserved market.