Summary
Industry
Insights
Bumper, a London-based company, offers a specialized Buy Now, Pay Later (BNPL) platform for car dealerships. This approach addresses the need for flexible financing in the car-buying process, allowing customers who might not qualify for traditional auto loans or who find upfront payments challenging to purchase vehicles more easily. This can lead to increased sales for dealerships and higher customer satisfaction. Supported by investors like Elderstreet Investments and Porsche, Bumper has strong backing to scale its operations. Its focus on car dealerships sets it apart from general BNPL services. Bumper has the potential to impact both the fintech and automotive sectors by enhancing affordability and convenience for car buyers.
Total Funding
$100M
- Unknown (2022) $23.9M
- Seed (2015) $250k
- Debt Financing (2021) $12.5M
- Angel (2017) $930k
- Series B (2024-03-01) $50.6M
- Series A (2021-01-01) $12.0M
Investors
Revo Capital Unknown
Elderstreet Investments Seed
Porsche Series B
Autotech Ventures Series B
InMotion Series B
InMotion Series B
Shell Ventures Series B
Full Company Profile
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