Tricolor

Tricolor CEO Highlights AI Innovation as a ‘Breakthrough’ Tool to Advance Financial Inclusion for Underserved Hispanic Customers

by | Apr 6, 2023
Tricolor, the largest used vehicle retailer to the Hispanic market in the US, has secured a new patent for its innovative AI tool called Automás. The tool lets customers self-select and finance vehicles, generating offers for different models and financing terms with machine learning. A unique feature of Automás is that it empowers customers to customize their own financing terms within the parameters of the system-generated offer.
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Tricolor to Expand Its AI-Powered Credit Vehicle for Underserved Hispanics With $90M in Funds Managed by BlackRock
by | Sep 9, 2021
The Dallas-based certified Community Development Financial Institution plans to accelerate its mission-driven approach to the purchasing and financing of used vehicles for credit invisible Hispanics.
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Tricolor auto
AI-Powered: Tricolor Reports $30M Investment for Affordable Car Loans
by | Feb 6, 2020
Tricolor uses an AI-powered model that takes into account nontraditional attributes for no-credit and low-income subprime auto loan customers.
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funding
Follow the Money: Shiftsmart Raises $16.3M, Alto Scores $6M, BG Staffing Makes $21.6M Acquisition
by | Feb 6, 2020
In this weekly roundup of funding, merger and acquisition activity in North Texas, you’ll also find news from Worlds, Tricolor, Puration, Atos, Kriya Capital, Kofile, and more.
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