Auto Remarketing named Daniel Burke, CIO / CSO of Agora Data, to its 2022 “40 Under 40” list. The accolade recognizes current and next-generation leaders of the used-car business making big differences in the industry and at their respective companies.
“I’m honored to be named to the Auto Remarketing “40 Under 40” list,” said Daniel Burke, Chief Information Officer / Chief Strategy Officer, Agora Data.
“This recognition acknowledges the critical tech innovation we bring to the industry and our continued success in providing highly accurate loan performance data and predictive analytics to independent auto dealers who offer their own in-house financing.”
Agora Data is the nation’s leading resource for non-prime auto dealers to secure affordable capital and build their own captive finance solution. The company offers independent dealers access to capital market financing at low-cost interest rates, along with data-driven analytics.
Daniel is the architect of Agora Data’s proprietary machine learning / AI advanced modeling that allows Agora Data to provide an unprecedented high degree of certainty of non-prime loan payment outcomes. To date, Agora Data has analyzed over $76B worth of non-prime auto loan data to predict (to 98% accuracy) the performance of auto loans.
In December 2020, Agora Data made auto industry history by closing the first-ever crowdsourced non-prime auto securitization. This breakthrough accomplishment allows auto dealers to have direct access to ample capital with favorable terms and lower loan interest rates to help fuel their business.
“We’re excited to debut our inaugural ’40 Under 40: Industry’ program, and share the stories of these outstanding honorees. These are the next-generation leaders of the used-car business, and their accomplishments are as numerous as they are impressive,” said Joe Overby, senior editor of Auto Remarketing. “Congratulations to all of our honorees – we look forward to celebrating with you at Used Car Week in November!”
Auto Remarketing’s “40 Under 40” honorees will be recognized at a ceremony this fall at Used Car Week in San Diego, CA., at the Manchester Grand Hyatt.
Agora Data, Inc.
Agora Data, Inc., an automotive industry fintech, is the nation’s leading resource for independent auto dealers and finance companies. Auto loan originators can secure affordable capital to build their own non-prime captive finance solution, obtain actionable loan performance data to optimize their lending portfolios, and leverage other products to grow their business safely. Powered by patent pending technology, originators can access real-time data analytics and planning resources to help optimize the performance of their portfolios. Agora Data made history by closing the first-ever crowdsourced non-prime auto securitization in 2020 and continually bringing groundbreaking products to an underserved market. For more information, visit www.agoradata.com or contact us at 1-877-592-4672.
Read the full press release here.