Bumper raises £8m in Series B extension to fuel growth

August 18, 2025

Bumper, a UK-based automotive FinTech firm, has raised an additional £8m in a Series B extension round, adding to its growing footprint in the digital payments and automotive services market.

The company, which provides payment and SaaS solutions for car retailers and manufacturers, marked its tenth anniversary alongside the funding milestone with a refreshed brand identity and the launch of a new website.

The extension takes the company’s total Series B investment to £20m, with continued backing from leading sector investors Autotech Ventures, Suzuki Global Ventures, Porsche Ventures, JLR’s InMotion Ventures and Shell Ventures.

Founded ten years ago, Bumper began as a provider of interest-free repair financing for car owners. It has since evolved into a comprehensive digital payments and SaaS platform designed for the automotive retailing industry, offering products to streamline dealer operations, reduce costs and improve customer experiences.

The fresh capital will be channelled into the launch of its Bumper Pro platform and AutoBI services across the UK and Europe, while also supporting strategic hiring as the company looks to scale operations.

Bumper Pro enables retailers to cut card transaction costs and automate back-office workflows, while AutoBI – acquired last year – delivers real-time intelligence tools for car retailers and OEMs.

Bumper co-founder and CEO James Jackson said, “This investment is a strong vote of confidence from existing investors in our ambitious growth trajectory, long-term vision and our amazing team.

“We are now operationally profitable and on track to surpass £1 billion in gross merchandise value (GMV) in 2025, representing a tripling of our GMV year-on-year. This momentum is driven by our expanding suite of services that deliver quantifiable value to automotive retailers and OEMs.

“Ten years ago, Bumper launched as a provider of interest-free repair financing for car owners. Today, it has evolved into a comprehensive digital payments and software as a service (SaaS) platform for the automotive retailing sector, with products designed to streamline dealer operations, reduce costs and enhance customer experiences.”

Autotech Ventures venture partner Tony Rimas said, “We first invested in Bumper in 2021, attracted by its industry-leading buy now, pay later (BNPL) product and penetration in the UK dealer sector. Since then, we have been impressed by its remarkable revenue growth in the UK and across Europe, its expanded portfolio of payment solutions and the team’s ability to execute on its ambitious plans.

“We’re delighted to support the next phase of Bumper’s growth and are particularly excited by the opportunities presented by its acquisition of AutoBI and Cocoon Payments and the rollout of the game-changing Bumper Pro platform.”