SAN FRANCISCO, CA, Car IQ, the company pioneering payment technology for connected vehicles, today announced the launch of new growth financing, building on a recent $8 million strategic investment.
The company has engaged Financial Technology Partners (FT Partners) to lead its capital raising and banking strategy moving forward.
Car IQ is a leading vehicle payment technology company, enabling vehicles to transact directly with merchants. Through its Know Your Machine platform, Car IQ makes it possible for cars and trucks to initiate and complete secure payments autonomously.
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