Aracar is a FinTech company, providing technology solutions for dealerships and originating and servicing secured auto loans and leasing in Latin America. Aracar has developed a point of sale (POS) technology and software service applications that are distributed through its dealership network, partner relationships and online. Its technology is used by auto dealerships to sell cars, buy cars, provide car loans to consumers, small businesses, floor plan financing and corporate leasing. Aracar’s secured credit score and origination technology provides revenue from origination and servicing fee income, while data collection from the lending business provides tremendous technology software services sold through its network. Aracar’s secured credit scoring was developed through proprietary analytics, machine learning/AI methods along with traditional credit metrics. Aracar has a solid organizational team with 45+ people on the ground complemented by an institutional quality board. It is headquartered in Argentina with operations currently expanding into Brazil.