Octane
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Finance and Insurance
Octane Raises $100M in Series F funding round
The fintech company says it will leverage the funding round to accelerate market penetration and deepen its product offering for…
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Finance and Insurance
Honda, Octane team up to expand financing opportunities
Octane says that through this new partnership, Honda dealerships and non-prime customers will benefit from new financing options and digital…
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Finance and Insurance
Octane sells $200M powersports loan portfolio to investment firm
Octane announced the completion of an agreement to sell a portfolio of $200 million of fixed-rate installment powersports loans to…
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Latest News
Octane completes $326M asset-backed securitization
Octane has issued more than $4 billion of asset-backed securities (ABS) since launching the program in December 2019. This is…
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Latest News
Octane enters Marine market
Marine, recreational, and powersports dealers selling pontoons and motorboats can now offer competitive rates and flexible terms to prime and…
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Latest News
Octane announces leadership changes
Steve Daum is now the vice president of Partnerships in Powersports and OPE, and Stacey Pray is the vice president…
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Latest News
Octane announces $500M forward-flow deal with AB CarVal
AB CarVal has agreed to purchase fixed-rate installment powersports loans originated by Octane’s in-house lender, Roadrunner Financial, and for Octane’s…
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Latest News
Octane names Steven Fernald as first president
Octane President Steven Fernald will take over the day-to-day management of the company’s powersports and OPE business in addition to…
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Latest News
Octane completes $365M asset-backed securitization
Octane has closed a $365 million securitization collateralized by its fixed-rate installment powersports loans issued through Roadrunner Financial.
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Latest News
Segway Powersports and Octane announce financing partnership
Segway dealers can now leverage Octane's streamlined digital financing process, along with attractive terms and flexible rates, to enhance the…
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Latest News
Octane shares Dealer Portal updates
New features include the first-of-its-kind Leads Page, a reimagined Work-the-Deal page and shorter, smarter credit applications through Roadrunner Financial.
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Latest News
Octane completes 10th ABS transaction following recent milestones
The company closed a $300M securitization collateralized by its fixed-rate installment powersports loans issued through Roadrunner Financial.
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Latest News
Octane partners with Yieldstreet for innovative transaction
Octane's CFO says this transaction will enhance the company's capital markets strategy by diversifying committed funding sources and supporting its…
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Finance and Insurance
Kawasaki offers full spectrum lending through Octane
Effective Feb. 1, prime and non-prime consumers can qualify for financing for Kawasaki products through Octane’s in-house lender Roadrunner Financial,…
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Latest News
Octane enhances Prequal Flex digital soft pull tool
The Prequal Flex digital soft pull tool now includes personalized marketing kits that dealers can use to drive consumer applications.
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Latest News
Octane completes $380M asset-backed securitization
This transaction is Octane’s ninth since launching the program in December 2019 and third of 2023. The company has completed…
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News
Octane completes $400M asset-backed securitization
The company says it continues to diversify its investor base by attracting several new investors while also maintaining the support…
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News
Octane launches Prequal Flex, instantly prequalifying customers
Octane launches Prequal Flex, allowing customers to prequalify for financing quickly and easily.
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Dealers
Octane receives FinTech’s Customer Lending Innovation award
FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market,…
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Dealers
Octane launches B2B loyalty program
Octane has launched Octane Preferred, an innovative business-to-business (B2B) loyalty program with exclusive benefits for dealers. The multi-tiered program builds…
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