Bumper | |
Type: | Private company |
Industry: | Software |
Founder: | James Jackson Jack Allman |
Hq Location City: | Sheffield |
Hq Location Country: | United Kingdom |
Products: | Car finance |
Bumper is a British financial technology company based in Sheffield, England.[1] It provides a digital payment platform to car dealerships that provides car financing for repairs.[1] [2]
Bumper was founded in 2013 by James Jackson and Jack Allman as Auto Service Finance.[1] [3] In 2021, Bumper expanded its operations to Ireland and later to Germany and Spain in 2022.[4]
In 2022, Bumper moved its headquarters from London to Sheffield.[1]
In 2021, it received £9 million from Autotech Ventures, Porsche Ventures, and Jaguar Land Rover's InMotion Ventures.[5] In 2024, Bumper received further investment of £40 million from multiple investors, including Shell Ventures, Jaguar Land Rover's InMotion Ventures, and Porsche Ventures.[6]
Bumper is headquartered in Sheffield, South Yorkshire, England. It has additional offices in London and Ankara.[6]
Bumper provides a digital payment platform to car dealerships to facilitate transactions related to car repairs which includes open banking.[1] With open banking, customers can pay their bill directly from their account to the garage's account.[4] 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.[4]
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.[1] [6]