Bumper secures £2m in Series B extension funding from Suzuki Global Ventures and Marubeni Ventures.
The extension round brings total funding to £55m and will support expansion across the UK and Europe.
£2.0MSeries B
Bumper provides an interest-free payment platform that allows motorists to spread the cost of vehicle repairs and maintenance.
Bumper has raised £2m in a Series B extension round with backing from Suzuki Global Ventures and Marubeni Ventures. The new funding will support the automotive fintech firm as it expands its footprint across the UK and Europe. The capital follows a previous £40m raise in 2023, bringing total funding to £55m amidst record growth in gross merchandise value.
Investor perspective
"Bumper’s unique AI technology enables real-time financing decisions, thereby making it easier for customers to take their cars for repairs and services, and dealers to attract customers."
Kinji Saito
Director and Senior Managing Officer, Suzuki Global Ventures
Use of funds
- 01Expand into international markets
