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Corporation
vwfs.co.in

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Investments

1

Partners & Customers

2

About Volkswagen Finance

Volkswagen Finance is owned by Germany's Volkswagen Financial Services AG, which is a wholly-owned unit of auto major Volkswagen AG.

Headquarters Location

A- Wing, Silver Utopia A- Wing, Silver Utopia

Mumbai, 400099,

India

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Latest Volkswagen Finance News

Audi Finance and Volkswagen Finance And Lexop Announce Partnership To Optimize Collections Using Contactless Technology

May 18, 2022

May 18, 2022 10:00 AM Eastern Daylight Time MONTREAL--( BUSINESS WIRE )-- Audi Finance and Volkswagen Finance , the automotive captive finance company of the Audi, Ducati and Volkswagen brands in Canada and Lexop , a self-serve facilitation software that optimizes the repayment journey for Customers, have entered into a partnership to digitize their collections activities. Past-due Customers will receive automated emails that link to an intuitive self-serve payment portal, allowing them the freedom and flexibility to create their repayment plan from the device of their choice. Lexop’s approach is proven to grow conversion rates by making the repayment experience more accessible. “Lexop is well-positioned to support our organization’s Customer-Centric approach and leverage the most modern technologies on the market,” says John De Rosa, Manager, Account Services at Audi Finance and Volkswagen Finance. “We are excited to be partnering with Audi Finance and Volkswagen Finance. Together, we will drive stakeholder interest and show Customers the value in having a smooth journey to stay current in their payments,” says Amir Tajkarimi, CEO of Lexop. “We will help them bring an optimized service to their Customers and create stronger relationships while reducing the time and resources needed to afford the desired success.” About VW Credit Canada, Inc. VW Credit Canada, Inc., is the automotive captive finance company of the Audi, Ducati and Volkswagen brands in Canada, also known as Audi Finance and Volkswagen Finance, and is a wholly-owned subsidiary of VW Credit, Inc. Audi Finance and Volkswagen Finance offers a wide range of leasing, retail financing and protection plans expertly tailored to meet the needs of Customers. About Lexop Lexop is a Montreal-based venture-backed fintech that helps companies retain past-due customers by facilitating payment and empowering them to self-serve. Lexop’s SaaS solution offers the benefits of personalized outreach at scale while affording consumers the flexibility to choose the payment scheme that best fits their situation. Learn more at www.lexop.com Contacts

Volkswagen Finance Investments

1 Investments

Volkswagen Finance has made 1 investments. Their latest investment was in Kuwy Technology as part of their Corporate Minority on September 9, 2019.

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Volkswagen Finance Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/18/2019

Corporate Minority

Kuwy Technology

Yes

2

Date

9/18/2019

Round

Corporate Minority

Company

Kuwy Technology

Amount

New?

Yes

Co-Investors

Sources

2

Volkswagen Finance Acquisitions

1 Acquisition

Volkswagen Finance acquired 1 company. Their latest acquisition was Kuwy Technology on January 11, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/11/2021

Other

$99M

Corporate Majority

2

Date

1/11/2021

Investment Stage

Other

Companies

Valuation

$99M

Total Funding

Note

Corporate Majority

Sources

2

Volkswagen Finance Partners & Customers

2 Partners and customers

Volkswagen Finance has 2 strategic partners and customers. Volkswagen Finance recently partnered with Cox Automotive on January 1, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

1/28/2022

Client

United States

VWFS extends defleet contract with Manheim until 2026

Sam Panayides , sales director at Cox Automotive , added : `` We 've enjoyed a strong partnership with Volkswagen Financial Services UK over the years , handling a high volume of vehicles every year and delivering to the company 's expectations .

1

2/3/2015

Vendor

India

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10

Date

1/28/2022

2/3/2015

Type

Client

Vendor

Business Partner

Country

United States

India

News Snippet

VWFS extends defleet contract with Manheim until 2026

Sam Panayides , sales director at Cox Automotive , added : `` We 've enjoyed a strong partnership with Volkswagen Financial Services UK over the years , handling a high volume of vehicles every year and delivering to the company 's expectations .

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Sources

1

10

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