Bumper disrupter secures Suzuki investment

UK vehicle repair and services disrupter Bumper has secured a further £2m in funding to support continued growth.

The London-based business offers cash-strapped customers a buy-now-pay-later option to vehicle repairs and services with bills divided into interest-free payments.

To access the service, drivers enter their postcode and vehicle registration number to select a Bumper repair partner and apply for credit up to £5,000.

The additional funding was provided by Suzuki through its corporate fund, Suzuki Global Ventures, and Japan-based Marubeni Ventures.

James Jackson, CEO and co-founder, said: “We’re thrilled to be partnering with these industry leaders and bringing our platform to even more Suzuki Europe and Marubeni dealers across all our European markets.”

Meanwhile, Suzuki said: “Through the investment, we aim to enhance the convenience of customers through expanding Bumper’s services.”