MotoRefi rebrands as Caribou!

MotoRefi rebrands as Caribou!

WASHINGTON, D.C. – Now that MotoRefi is more than just an auto refinance platform, the company has a new name, too.

According to an announcement made on Wednesday, the company launched an expanded brand, as it’s now known as Caribou with a new company logo and new product offering.

Caribou’s technology not only can help users unlock lower rates on their auto financing, but it also can help consumers find a path to lower auto insurance payments, as well.

As a part of the new offering, Caribou said it will work directly with insurance carriers to provide a range of different insurance options to consumers. The two-for-one experience is designed to deliver unprecedented convenience and multiply savings for consumers in a single platform.

The company said it will be announcing specific details on insurance carrier plans early next year.

In the last year, Caribou has cemented itself as a leader in the auto fintech space.

The Emerging 8 honoree has experienced more than 400% revenue growth and a 300% increase in origination volume year-over-year. The company’s headcount also grew by more than 150%.

To date, executives said Caribou’s platform has facilitated the funding of more than $1 billion in refinanced contracts, saving customers more than $60 million over their lifetime.

“This is a major milestone for the company and for automotive fintech as the market continues to accelerate, presenting a unique opportunity for the Caribou brand to lead,” Caribou chief executive officer Kevin Bennett said in a news release. “The Caribou name stands for freedom, stability and trust.

“The rebrand represents an exciting next step as we work towards expanding Caribou into a full-fledged digital agency, where we can provide consumers with flexibility and additional ways to save money on their cars,” Bennett went on to say.

To learn more about Caribou, visit

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