Thread

Thread is a financial services startup founded in 2019 and headquartered in Canada. The company's slogan, "Connecting Auto Dealers & Lenders Nationwide to Sell, Sign & Scale," reflects its core mission. Thread operates as an online platform enabling auto dealers to submit customer applications to multiple lenders for financing simultaneously. This approach significantly expedites the sales process and enhances competitiveness, ensuring that dealers and customers secure the most favorable financing deals. Furthermore, Thread facilitates the rapid expansion of lenders' business portfolios by enabling them to form partnerships with new dealers. In April 2020, Thread secured a noteworthy $30.00K investment in its Seed Round from the Accelerator Centre.