UK

Bumper Secures €9.4 Million In Series B Round

Aug 14, 2025 | By Kailee Rainse

British scale-up Bumper, a top Buy Now, Pay Later (BNPL) platform for car servicing and repairs, has secured a €9.4 million Series B extension to expand its services across Europe.

SUMMARY

  • British scale-up Bumper, a top Buy Now, Pay Later (BNPL) platform for car servicing and repairs, has secured a €9.4 million Series B extension to expand its services across Europe.

The funding will also support growth for dealers and OEMs via recent acquisitions and new product launches.

The round was led by Autotech Ventures, with backing from prominent automotive and mobility investors, including Jaguar Land Rover’s InMotion Ventures, Suzuki Global Ventures, Porsche Ventures, and Shell Ventures.

“A sudden repair bill can hit families hard,” said James Jackson, Co-founder and CEO of Bumper. “We created Bumper to give people control, flexibility and peace of mind when the unexpected happens. Over 1.5 million drivers have now used our platform to keep their cars on the road without breaking the bank.”

The platform is active in over 5,000 dealerships and garages, partnering with leading automotive brands such as Volkswagen, Ford, Nissan, Volvo, Seat, Audi, Skoda, Jaguar Land Rover, and Porsche.

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“We’re building out from our consumer BNPL roots into a full-stack platform for automotive retail,” added Jackson. “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.”

The company is now reportedly operationally profitable and is on course to surpass €1 billion in GMV in 2025, up from €348 million last year.

This milestone coincides with Bumper’s tenth anniversary, celebrated with a refreshed brand identity and the launch of its new website.

Kaihei Takagi, Director of Suzuki Global Ventures said: “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 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.”

While BNPL remains central to Bumper’s consumer offering the company is broadening its reach into payment and software solutions through strategic acquisitions:

In October 2024, Bumper acquired AutoBI a real-time business intelligence platform for car retailers and OEMs. This was followed in May 2025 by the acquisition of Cocoon Payments, a white-label solution designed to streamline digital payment processes for dealerships.

These moves support the launch of Bumper Pro a new B2B suite for dealerships and OEMs. Bumper Pro enables automotive retailers to reduce card transaction fees, automate workflows, and gain better visibility into sales and aftersales performance, leveraging Bumper’s existing payments infrastructure and deep industry integrations.

Tony Rimas, Venture Partner of Autotech Ventures, said: “We first invested in Bumper in 2021, attracted by its industry 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.”

About Bumper

Founded in 2013, Bumper was created to solve a major motoring challenge: unexpected repair costs. From failed MOTs to accident damage, drivers often face bills of €500 or more with little notice. Bumper allows customers to split these expenses into manageable, interest-free payments through their dealership or garage.

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