Bumper, a fintech specializing in flexible payments for car repairs, has completed a $48 million Series B funding round led by Autotech Ventures, with participation from Shell Ventures, JLR’s InMotion Ventures, Porsche Ventures, and Revo Capital. The London-based company, catering to major car manufacturers like Volvo, Ford, Nissan, and VW Group, has experienced rapid growth, achieving a 100% YoY increase in Gross Merchandise Value (GMV), and processing over 500,000 car repairs across Europe. The new funds, totaling $64 million, will expand Bumper’s reach and technology, aiming to establish itself as the dominant payment platform for car dealers across Europe.

Bumper Completes $48 Million Funding Round to Drive Growth in Flexible Automotive Payments Across Europe