.jpg)
Agora Data, Inc., a leading fintech innovator in the non-prime consumer finance market, announced on September 8, 2025, the appointment of Wendy Pratt as Head of its Financial Institutions Group (FIG). Pratt, who joined in mid-August, will spearhead the strategic expansion of the FIG division, which supports independent finance companies with limited access to traditional capital markets.
Appointment: Wendy Pratt named Head of Financial Institutions Group, effective mid-August 2025.
FIG Milestones: Over $400M in loan purchases since 2020, with $250M in current pipeline.
Capital Expansion: Agora now has over $700M in loan UPB capacity.
Recent Moves: Entered 144A securitization market in May 2025; completed two ATALT transactions.
Workforce Growth: Added 30+ full-time employees in July and August 2025.
Technology: AI and machine learning drive reduced delinquencies and charge-offs.
Wendy Pratt, an experienced leader in financial markets and the automotive industry, previously served as Vice President of Direct Lending at Flagship Credit Acceptance and held roles at GWC Warranty for 15 years. Her expertise will accelerate the growth of Agora’s FIG, which has surpassed $400 million in loan purchases since its 2020 launch, with a current pipeline exceeding $250 million. “Wendy’s leadership will significantly accelerate the growth of FIG, complementing our core business of helping dealerships establish captive finance companies,” said Chris Barry, Chief Sales Officer.
Agora’s FIG division levels the playing field for independent finance companies, enabling competition with larger institutions through access to capital, AI-driven analytics, and market expertise. “Agora’s FIG channel empowers independent finance companies to compete,” said Jody Day, Chief Financial Officer. The company recently entered the 144A securitization market in May 2025 and completed two structured whole-loan transactions under its ATALT program, boosting its loan capacity to over $700 million. Additionally, Agora hired over 30 new employees in July and August 2025 to meet growing demand.
CEO Steve Burke expressed optimism about the auto finance landscape, citing declining interest rates, stabilizing vehicle prices, easing inflation, and potential tax changes on tips and overtime as drivers of consumer spending. Agora’s proprietary AI and machine learning, combined with a unique dataset, have driven year-over-year reductions in delinquencies and charge-offs, reinforcing its “Alignment of Interest” with loan originators.
Agora’s focus on non-prime auto finance aligns with market trends, as competitors like OpenRoad Lending and Westlake Financial also report growth in this sector. The company’s AI-driven approach and recent capital market moves, including the ATALT program, position it to capitalize on the projected $1.2 trillion U.S. auto loan market in 2026.
For more information, visit www.agoradata.com.
Agora Data, Inc. is a leading consumer fintech company transforming access to capital in the non-prime auto finance market. Through AI-driven analytics and innovative financing solutions, Agora empowers loan originators to improve portfolio performance and scale responsibly.
TechIntelPro empowers B2B technology decision-makers with the latest industry trends, deep insights, leadership perspectives and actionable intelligence to drive both organizational and professional milestones—and thrive on the tech pulse.