Octane (Octane Lending, Inc.), the fintech company offering financial products for retailers and consumers, announced its 2025 milestones as it continues to innovate new products and transform the buying experience.
The company achieved record originations, launched its Captive-as-a-Service offering, continued to diversify and grow its capital markets program, and signed key partnerships with industry leaders.
Octane grew originations through its in-house lender, Roadrunner Financial, Inc., by 29% year-over-year, achieving a record-breaking $2.1 billion in annual originations and surpassing $7.6 billion in aggregate originations. The company strengthened its extensive network of powersports dealers and original equipment manufacturer (OEM) partners by signing ten new OEM partners, expanding an existing partnership with a major OEM, and launching a new partnership with a leading powersports dealer group.
Octane also significantly grew its RV business. For the second year in a row, the company more than doubled RV originations year-over-year. Notably, Octane announced a partnership with the leading RV dealership chain to support its more than 200 locations in the U.S., strengthening the company’s presence in the recreational market.
The company also positioned itself for growth in 2026 by signing a partnership with a top national bank to rapidly deepen its penetration in the Outdoor Power Equipment (OPE) market.
Octane raised $100 million from new and returning investors in its Series F funding round at a $1.3 billion valuation. This capital enables Octane to deepen penetration in existing markets, fuel its expansion into new markets, and support the launch of new product offerings. The company also used these funds to provide liquidity to current and former employees.
Octane expanded its product offering with the launch of its novel Captive-as-a-Service solution for OEMs and dealership chains. Through this product, partners can enjoy the benefits of having their own financing company without the lengthy, costly process of setting up a captive from scratch. Captive-as-a-Service enables partners to increase profitability on each sale through life-cycle marketing and participation in the economics of the loan, all while delivering a fast, easy financing experience to their customers. Octane provides a seamless, digital platform, lead generation tools, underwriting, loan processing, loan servicing, marketing and design, and capital markets execution, all under a brand name of the partner’s choice.
Octane continued to scale and diversify its capital markets program, expanding its investor base and execution channels. In 2025, Octane sold $1.9 billion of loans—representing 91% of 2025 originations—through forward-flow transactions and whole-loan sales. Since December 2023, Octane has secured commitments for the purchase of over $3.3 billion in loans.
At the same time, Octane continued to show leadership in the asset-backed securitization (ABS) market through OCTL 2025-1 and OCTL 2025-RVM1, its second securitization collateralized wholly by RV and marine collateral. Its first, OCTL 2024-RVM1, was named as the ABS Deal of the Year at the GlobalCapital US Securitization Awards 2025. Since beginning its ABS program in 2019, Octane has issued over $4.7 billion of asset-backed securities through 16 transactions.
Octane delivered strong financial results in 2025, achieving nearly $400M in total revenue.
