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AutoGravity Signs TD Bank

Irvine fintech firm AutoGravity today said it signed TD Auto Finance, a subsidiary of TD Bank, to its mobile car sales app.

The agreement will permit indirect financing offers from TD to qualified auto buyers using AutoGravity’s application to finance a vehicle.

“Our partnership with AutoGravity positions us to reach car buyers right on their smartphones and will help to drive the next wave of innovation in our industry,” TD Auto Finance Chief Executive Andrew Stuart said in a statement.

AutoGravity, led by founder and Chief Executive Andy Hinrichs, says more than 1 million users have downloaded its app and requested more than $2 billion in vehicle financing in 2017. AutoGravity in the past six months has signed deals with Nissan Motor Acceptance Corporation (NMAC), Audi Financial Services and Hyundai Capital America. AutoGravity has financial backing from VW Credit Inc. and Daimler Chrysler AG.

TD Bank has more than 9 million customers and 1,200 locations in the eastern U.S. TD Bank is the eighth largest in the U.S. with $381 billion in assets, according to S&P Global Market Intelligence.

TD Bank is a subsidiary of The Toronto-Dominion Bank of Toronto.

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.
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