Uncategorized

London bumper has raised $ 9.4 million to scale BNPL for car repair bills across Europe

Up to the British scale BumperA series b extension has increased € 9.4 million to increase its service for drivers across Europe when dealer and OMS extended their offer by purchasing a leading, recent acquisition and new product for car servicing and repairs (BNPL) platforms.

This round was governed by Autotech Ventures, including the supporters and mobility investors’ views, including the Information Ventures of Jaguar Land Rover, Suzuki Global Ventures, Porsche Ventures and Shell Ventures.

Suddenly repair bills may strictly hurt families“Said James JacksonBumper co-founder and chief executive officer. “Unexpected when we have created bumper to give people control, flexibility and peace of mind. More than 1.5 million drivers have now used our platform to keep their cars not breaking down the bankThe “

Established in the 21st, bumper motoring was built to deal with one of the biggest pain points: unexpected repair bills. Whether it’s a failed mott or accident damage, many drivers face $ 500 or more bills without any warning. Bumper customers allow these expenses to directly divide the manageable, interest -free payment through their dealerships or garages.

More than 5000 bumper dealerships and garage lives live and Volkswagen, Ford, Nissan, Volvo, Sit, Audi, Scooda, Jaguar Land Rover and Porsche, the world’s largest motor vehicle brand.

We are making a full-stack platform for automotive retail from our customer BNPL roots“Added JacksonThe “We can improve margin by providing more ownership and dealers’ software solutions to dealers, can facilitate operations and support the retail futureThe “

The company is now effectively profitable and over $ 1 billion in GMV in 2025 more than $ 348 million last year.

The announcement came up with a refreshing brand identity of the bumper and its tenth anniversary with the recently launched website.

KaihaiSuzuki Global Venture Director says: “We are very keen to continue supporting the bumper growth after our initial investment in this series B extension. As a result of the Bumper Practical M&A Growth Tactics, we have been able to engage in extensive strategic discussions with only BNPL, including potential cooperation areas with Suzuki Motor Corporation. We are hoping to deepen this strategic conversation and support the continued expansion of bumper in Europe, Japan and other regionsThe “

Although the BNPL bumper’s proposal remains the root of the proposal, the company is paying adjacent to the target M&A strategy and expanding on software services:

  • In October 2024, bumper cars earned a real-time business intelligence platform for retailers and OMS.
  • In May of this year, the dealerships were followed by the acquisition of cocoon payment, a white-lace solution to help the digital payment processes flow.

These acquisitions include the introduction of a new suit bumper Pro for B2B tools for dealerships and OMS. Bumper Pro alleged that automotive retailers help reduce card transactions, automatically automatically and sales and aftersel performances to achieve more clear visibility – bumper payment infrastructure and deep industry integration.

Tony RimusAutotech Venture’s Initiative Partner says: “We invest in the first 2021 in the bumper, its industry was attracted by the infiltration of BNPL products and the UK dealer sector. Since then we have been fascinated by the significant revenue growth in the United Kingdom and Europe, the team’s skills to implement the portfolio and its ambitious plans to expand their money.

“We are delighted to support the next stage of bumper growth, and especially by the Rollout of Autobi and Cocoon Payments and Game-Changing Bumper Pro platforms are especially exalted by opportunities.The “



[publish_date

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button