MotoRefi

10 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Mar 14, 2021 by Kevin Bennett · said 5 times in 1 episodes since 2021 · across every show →

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2021 5 mentions in 1 episode

They Refinanced $250m in Auto Loans Last Year, Make Money 3 Ways Mar 14, 2021 · 5 mentions · from 1:34
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Everything said about MotoRefi, oldest first

Mar 14, 2021 positive

Assertion Not checkable as stated

Bennett: MotoRefi grew monthly revenue 6X in 2020

“We announced it when we announced the round that we grew last year monthly revenue six X.”

Kevin Bennett Mar 14, 2021 ▶ 18:52 They Refinanced $250m in Auto Loans Last Year, Make Money 3 Ways

Mar 14, 2021

Assertion Supported

Bennett: Auto refinance loan sizes typically range from $15,000 to $30,000

“I mean, it could be, you know, 15 to 30 easily, sometimes north of 30.”

Kevin Bennett Mar 14, 2021 ▶ 12:42 They Refinanced $250m in Auto Loans Last Year, Make Money 3 Ways

Mar 14, 2021

Assertion Not checkable as stated

Bennett: MotoRefi doubled its lender network on the platform in 2020

“So we don't release the aggregate numbers, but we doubled the number of lenders in the platform last year.”

Kevin Bennett Mar 14, 2021 ▶ 11:37 They Refinanced $250m in Auto Loans Last Year, Make Money 3 Ways

Mar 14, 2021 bullish

Assertion Supported

Bennett: MotoRefi completed over $250M in auto refinancings in 2020

“So we did over two hundred and fifty million dollars in refinancings last year, and we will do orders of magnitude above that this year.”

Kevin Bennett Mar 14, 2021 ▶ 3:41 They Refinanced $250m in Auto Loans Last Year, Make Money 3 Ways

Mar 14, 2021 neutral

Disclosure

Bennett: MotoRefi has raised about $25M in total funding

“Raised about twenty-five million today.”

Kevin Bennett Mar 14, 2021 ▶ 17:31 They Refinanced $250m in Auto Loans Last Year, Make Money 3 Ways

Mar 14, 2021

Disclosure

Bennett: MotoRefi operates as a pure marketplace without balance-sheeting loans

“We're closer to the latter in that we are not balance sheeting any loans.”

Kevin Bennett Mar 14, 2021 ▶ 10:30 They Refinanced $250m in Auto Loans Last Year, Make Money 3 Ways

Mar 14, 2021

Disclosure

Bennett: MotoRefi revenue splits evenly across origination, referrals, and product sales

“It's about even within each.”

Kevin Bennett Mar 14, 2021 ▶ 14:59 They Refinanced $250m in Auto Loans Last Year, Make Money 3 Ways

Mar 14, 2021 bullish

Prediction Not checkable as stated

Bennett predicts MotoRefi's 2021 growth will match or exceed its 2020 performance

“We are seeing things on a similar trajectory. So we're feeling really good about the growth. And we think this year is going to look a lot like last year, if not better.”

Kevin Bennett Mar 14, 2021 ▶ 19:10 They Refinanced $250m in Auto Loans Last Year, Make Money 3 Ways

Mar 14, 2021

Assertion Not checkable as stated

Bennett: MotoRefi software improves lender approval and funding rates by 20%

“We operate up to 20% more efficiently when it comes to approval rates and funding rates based on the data integrations we have based on the software we run.”

Kevin Bennett Mar 14, 2021 ▶ 15:24 They Refinanced $250m in Auto Loans Last Year, Make Money 3 Ways

Mar 14, 2021

Assertion Not checkable as stated

Bennett: MotoRefi saves consumers $1,200 annually on auto refinancing net of fees

“The consumer, again, net of fees is saving a hundred dollars a month on, on the refinance. And that's 1200 dollars a year, obviously in real money.”

Kevin Bennett Mar 14, 2021 ▶ 15:16 They Refinanced $250m in Auto Loans Last Year, Make Money 3 Ways

MotoRefi

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