AutoPilot provides a white-label platform for auto loan servicers to manage borrower communications and payments. It offers tools for digital self-service, payment processing, and personalized engagement to improve efficiency and reduce delinquencies.
Funding
$32M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
VCFounders
Product
Problem
Auto loan servicers face challenges in managing borrower communications and payments, leading to inefficiencies and increased delinquencies. Traditional methods often lack the digital self-service capabilities and personalized engagement needed to improve borrower behavior.
Solution
Payce provides a white-label platform designed to streamline auto loan servicing by enhancing borrower engagement and reducing delinquency rates. The platform offers tools for digital self-service, payment processing, and personalized rewards to incentivize timely payments. By integrating with existing auto lending systems, Payce enables servicers to improve portfolio management through enhanced visualization and analytics. The platform's rewards engine focuses borrowers on prioritizing auto loan payments, while its enterprise-level design ensures scalability across diverse portfolios.
Target Audience
Payce targets auto loan servicers seeking to improve borrower engagement, reduce delinquencies, and enhance servicing efficiency through digital solutions.
Features
- Digital self-service portal for borrowers to manage payments and access loan information
- Integrated payment processing with compatibility for API-driven payment processors
- Rewards engine to incentivize on-time payments and improve borrower engagement
- Portfolio management tools with visualization and analytics for enhanced oversight
- Native compatibility with existing auto lending stacks, including OFSLL and Shaw Systems
- Enterprise-level design for scalability across various borrower types and portfolios