Bumper

Bumper operates as a fintech platform focused on the automotive sector, specifically in the vehicle repair and servicing market. The company provides a digital payment platform that allows car dealerships to offer their customers flexible and interest-free payment options for repairs and services. This model is designed to increase sales for the dealerships by making unexpected repair costs more manageable for car owners.

The company's business model can be described as a B2B2C platform. Bumper partners with car dealerships (B2B) to integrate its payment solution into their service offerings. In turn, the dealerships offer this service to their customers (B2C), who can then choose to split the cost of their repairs over a period of time without incurring interest charges. This creates a marketplace effect, where Bumper facilitates transactions between dealerships and their customers.

Originally founded as Auto Service Finance in 2013, the company has since rebranded to Bumper and is headquartered in London, UK. The platform is designed to be a seamless and digital-first experience for both the dealership and the end customer, streamlining the payment process for after-sales services.

Keywords: automotive finance, payment platform, vehicle repairs, after-sales services, fintech, interest-free credit, car dealerships, B2B2C, marketplace, customer financing.