Lender Compliance Technologies, led by President Glenn Munro, builds digital compliance solutions to help automotive, RV, marine, and powersports lenders mitigate regulatory risks. The company recently launched Refund Control™, a lender-controlled compliance solution for F&I product cancellations and refunds. Refund Control is currently in the pre-sales phase, with an official U.S. rollout scheduled in a few short weeks. LCT raised $4.15M in a Series A round and intends to use the funds for ongoing development of its technology solutions. The round was led by a team of seasoned software entrepreneurs and joined by Automotive Ventures and Driven Capital Partners.

Total raised

$4M

Funding rounds

1

Latest round

Series A

Latest activity

Jun 2021