Bumper International Limited, a London-based fintech company specializing in buy-now-pay-later services for car repairs and services, has successfully raised £2m in Series B extension funding. The investment round included contributions from Suzuki Global Ventures and Marubeni Ventures.
With this new funding, Bumper aims to enhance the convenience of its customers by expanding its range of offerings. The company, founded in 2013 by CEO James Jackson, offers Buy Now Pay Later services for car repairs and services in the UK, Ireland, Germany, Netherlands, and Spain.
Bumper’s digital payment and loans platform allows customers to pay in installments without interest, while its AI technology provides real-time financing decisions. This enables customers to easily bring in their cars for repairs and services, and helps dealers attract more customers.
Overall, Bumper’s innovative approach to financial solutions in the automotive industry continues to grow and evolve, thanks to the support from key investors.
