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
- 2024 Series B $50.6M
- 2022 Unknown $23.9M
- 2021 Series A $12.0M
- 2021 Debt Financing $12.5M
- 2017 Angel $930k
- 2015 Seed $250k
Investors
Porsche Series B
Autotech Ventures Series B
InMotion Series B
InMotion Series B
Shell Ventures Series B
Revo Capital Unknown
Elderstreet Investments Seed