DigniFi partners with Brigade Capital Management
By Edlyn Cardoza
Recently, DigniFi, a FinTech platform for the automotive industry, announced a new partnership with asset manager Brigade Capital Management, LP. Among other investments across the fixed income spectrum, Brigade provides tailored capital solutions to specialty finance companies and is widely respected for its capital markets expertise and broad network of institutional investors.
This initial recapitalisation empowers DigniFi to execute its three-year growth strategy centered on operational stability, product development and commercialisation, and expansion into transportation-adjacent markets and ecosystems.
DigniFi is a FinTech company and leader in the world of transportation. In 2012, DigniFi set out to redefine vehicle financing by removing the barriers everyday people encounter. They offer access to fast and flexible financing options that help customers get what they need now and help businesses grow revenue down the line. They help auto dealers and small businesses across the country grow their revenue and provide their customers with visionary, inclusive financing. Their technology simplifies the loan application process and enables small businesses to offer on-the-spot financing, for auto repairs, parts and accessory purchases, and maintenance packages. All credit products are originated by WebBank, Member FDIC.
Brigade Capital Management, founded in 2006, is a global asset management firm which employs a multi-strategy, multi-asset class approach to investing across the broad credit universe.
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