Bumper is a British
financial technology company based in
Sheffield
Sheffield is a city status in the United Kingdom, city in South Yorkshire, England, whose name derives from the River Sheaf which runs through it. The city serves as the administrative centre of the City of Sheffield. It is Historic counties o ...
, England.
It provides a digital payment platform to car dealerships that provides
car financing for repairs.
History
Bumper was founded in 2013 by James Jackson and Jack Allman as Auto Service Finance.
In 2021, Bumper expanded its operations to Ireland and later to Germany and Spain in 2022.
In 2022, Bumper moved its headquarters from London to
Sheffield
Sheffield is a city status in the United Kingdom, city in South Yorkshire, England, whose name derives from the River Sheaf which runs through it. The city serves as the administrative centre of the City of Sheffield. It is Historic counties o ...
.
In 2021, it received £9 million from Autotech Ventures, Porsche Ventures, and
Jaguar Land Rover's InMotion Ventures.
In 2024, Bumper received further investment of £40 million from multiple investors, including Shell Ventures, Jaguar Land Rover's InMotion Ventures, and Porsche Ventures.
Locations
Bumper is headquartered in
Sheffield
Sheffield is a city status in the United Kingdom, city in South Yorkshire, England, whose name derives from the River Sheaf which runs through it. The city serves as the administrative centre of the City of Sheffield. It is Historic counties o ...
, South Yorkshire, England. It has additional offices in London and
Ankara
Ankara ( , ; ), historically known as Ancyra and Angora, is the capital of Turkey. Located in the central part of Anatolia, the city has a population of 5.1 million in its urban center and over 5.7 million in Ankara Province, maki ...
.
Platform
Bumper provides a digital payment platform to car dealerships to facilitate transactions related to car repairs which includes open banking.
With open banking, customers can pay their bill directly from their account to the garage's account.
It's like a bank transfer but you don't need to enter their bank details, you get a notification in your online banking app and approve the payment from there.
A user can receive detailed invoices for repair work, which include options to pay in full or through an interest-free installment plan, similar to other
buy now, pay later services.
References
External links
*{{official
2013 establishments in England
Companies based in Sheffield
Financial services companies of the United Kingdom