iVendi creates new banking and business role

Paul Bennett has been appointed to the newly-created role of senior vice president of international business and banking alliances as part of iVendi’s plans to double its revenue within three years.

He has been working in the automotive industry for more than 30 years, but in the last 17 years his focus has been on the asset finance industry, primarily the promotion, sale and delivery of complex FinTech and SaaS solutions to tier one automotive financial services companies, their brand partners and retail networks in UK, Europe, Asia Pacific and China.

He said: “iVendi has developed a highly scalable, market-leading, SaaS vehicle retailing platform that is absolutely relevant to today’s rapidly evolving digital retailing landscape and consumers. It is very well established and widely deployed through financiers and many thousands of their dealers in UK and, more recently, Germany.

“Consequently, and in line with our three-year expansion strategy to double revenue, as well as our aim to be recognised as the most dynamic and innovative vendor of motor retail technology worldwide, we are ready to build on our success to date and deploy more widely across mature automotive markets in Europe.”

Richard Tavernor, COO at iVendi, added: “We have known Paul for many years and are aware of his talents and knowledge covering the ecosystem of international business and banking that supports the automotive industry. He is undoubtedly the right person to help us progress in this area and we are very pleased to see him become part of the iVendi team.”