Bumper has completed a funding round to support its growth plans, introduce new products, and expand into additional markets.

Sheffield and London-based Bumper, a Buy Now Pay Later (BNPL) service provider for car repairs and services, has closed its second Series B extension round, raising an additional £8M (nearly €9.30M) in equity funding.

In April 2024, the UK-based startup raised £2M in a Series B extension, following the €46M Series B round completed in January.

The current round saw continued participation from automotive and mobility sector investors, including Autotech Ventures, Suzuki Global Ventures, Porsche Ventures, JLR’s InMotion Ventures, and Shell Ventures.

Tony Rimas, Venture Partner of Autotech Ventures, says, “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.”

The funding milestone coincides with Bumper’s 10th anniversary, alongside the unveiling of a new corporate brand identity and the launch of an updated website offering expanded functionality for dealer partners and car owners.

Capital utilisation

Bumper will use the funds to launch the Bumper Pro platform and AutoBI services in the UK and Europe, and to hire staff to expand the company’s operations.

James Jackson, co-founder and CEO of Bumper, says, “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 £1B 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.”

Jackson adds, “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.”

What is Bumper Pro?

Bumper expanded beyond its BNPL offering into payment and software services through targeted acquisitions. In October 2024, it acquired AutoBI, a real-time business intelligence platform for car retailers and OEMs. In May 2025, it acquired Cocoon Payments, a white-label solution for streamlining digital payments in dealerships. 

These acquisitions support the launch of Bumper Pro, a suite of B2B tools that combines Bumper’s direct payment solutions with AutoBI’s real-time business intelligence. The platform helps automotive retailers lower card transaction costs, automate workflows, and gain insights into sales and after-sales performance.

Co-founder James Jackson says, “We’re building out from our consumer BNPL roots into a full-stack platform for automotive retail. By owning more of the payments stack and delivering software solutions to dealers, we can improve margins, simplify operations and support the future of mobility retail.”

Kaihei Takagi, Director of Suzuki Global Ventures, adds, “We are very excited to continue supporting Bumper’s growth, following our initial investment, in this Series B extension. As a result of Bumper’s proactive M&A growth strategy, we have been able to engage in broader strategic discussions beyond just Buy Now, Pay Later (BNPL), including areas of potential collaboration with Suzuki Motor Corporation.”

“We look forward to deepening these strategic conversations and supporting Bumper’s continued expansion across Europe, Japan and other regions.”

Brief about Bumper

Founded in 2013 by James Jackson and Jack Allman, Bumper provides drivers with a solution to divide repair bills into interest-free instalments, offering flexibility in payment for car repairs.

Bumper offers both digital and physical payment options, such as open banking and card payments, integrating into dealers’ infrastructure. It serves major automotive brands like Volvo, Ford, Nissan, VW Group, JLR, and Porsche.