CarIQ Pay
Founded 2016 · 47 employees on LinkedIn · 4 known investors
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Car IQ (Car IQ Pay, now branded Element Pay) is a vehicle-embedded payment platform that lets fleet vehicles connect directly to fuel pumps, toll gantries, and EV chargers to pay without physical fleet cards. It provides fleets with a single ledger for fuel and toll transactions, fraud reduction, dynamic authorization, and vehicle data to control fuel costs across the United States.
Investors · 4
Related companies · 5
CarPayCarpay makes payment collection software for Buy Here Pay Here (BHPH) auto dealerships, letting customers pay from their phones instead of visiting the dealership. The company serves BHPH dealers in the United States and has processed over $1 billion in payments.
RampRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.
WEXWEX provides business payment solutions, including corporate payments, mobility/fleet payments, and employee benefits offerings. It serves businesses globally across payments and mobility sectors.
ExperianExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.
ChaseA wealth management and investing service (J.P. Morgan Wealth Management via Chase) offering self-directed brokerage accounts with commission-free online trades as well as one-on-one advisor services, financial planning tools, and retirement accounts. It serves individual retail investors ranging from beginners to experienced investors in the United States.
Companies working in the same space as CarIQ Pay.
Frequently asked questions
- What does CarIQ Pay do?
- Car IQ (Car IQ Pay, now branded Element Pay) is a vehicle-embedded payment platform that lets fleet vehicles connect directly to fuel pumps, toll gantries, and EV chargers to pay without physical fleet cards. It provides fleets with a single ledger for fuel and toll transactions, fraud reduction, dynamic authorization, and vehicle data to control fuel costs across the United States.
- Who are CarIQ Pay's investors?
- CarIQ Pay's investors include Band of Angels, EnerTech Capital, Quest Venture Partners, YAR Ventures.




