Cars.com completed the acquisition of CreditIQ for $80m.

Cars.com, a automotive marketplace platform that provides a robust set of industry-specific digital solutions, completed the acquisition of CreditIQ, a cutting-edge automotive fintech platform that provides instant online loan screening and approvals to facilitate online car buying, for $80m. "The acquisition of this scalable technology supports our vision of creating frictionless omni-channel experiences and further growing our platform capabilities for buyers and sellers, building on our competitive advantage and delivering additional value to our shareholders." Alex Vetter, Cars.com President and CEO.