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Shaking up the US car loan market
With automated loan finder Fuse, VC and former entrepreneur Elie Wurtman hopes to repeat his success with Vroom, but to keep it made in Israel.
Ophir Dor January 19, 2021 Elie Wurtman founded and invested in the used car app Vroom, which is currently traded at a value of $ 4.8 billion • His new startup Fuse, which is trying to fix the world of car loans in the US, is still small but he is sure the potential is huge • This time he hopes the company stays in the country In November 2018, entrepreneur and investor Elie Wurtman invited Andrew Walser, CEO of the Walser Automotive Group from Minneapolis, Minnesota, to visit Jerusalem. Walser is a customer of one of the portfolio companies of Wurtman s venture capital firm, PICO Partners, and a visit to Israel was intended to enhance their business relationship. He s a CEO who runs a billion-and-a-half-dollar-a-year business and at first he wanted to hop over for just one night in Jerusalem. Only aft