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.
Bumper provides buy now, pay later financing for vehicle repairs and maintenance. The company operates a digital platform connecting drivers with car dealerships and garages across Europe.
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.
From the founder
"With Suzuki Global Ventures and Marubeni Ventures joining our growing portfolio of major automotive investors, we can accelerate our ambitious plans to be the dominant payment platform for car dealers in the UK and across Europe."
James Jackson
Co-Founder and CEO at Bumper
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
