London-based Bumper, a leading Buy Now, Pay Later (BNPL) platform for car servicing, secured €9.4 million in a Series B extension round. Autotech Ventures led the investment. This funding aims to scale Bumper's services across Europe.
The company, founded in 2013, addresses unexpected car repair bills. Bumper enables customers to split these costs into interest-free payments directly through dealerships. Over 1.5 million drivers have used the platform.
Bumper is now operationally profitable.
Expanding Automotive Payment Solutions
Bumper operates in over 5,000 dealerships and garages. It partners with major automotive brands including Volkswagen, Ford, and Porsche. Furthermore, Bumper projects exceeding €1 billion in GMV during 2025.
Bumper expands beyond its core consumer BNPL offering. It recently acquired AutoBI in October 2024. This acquisition provides real-time business intelligence for car retailers. Additionally, Bumper acquired Cocoon Payments in May 2025. Cocoon Payments offers white-label solutions for digital payment streamlining. These acquisitions underpin the launch of Bumper Pro. This new B2B suite helps automotive retailers reduce transaction fees and automate workflows. The company competes in the broader fintech funding landscape alongside firms like Klarna and Affirm. Bumper's growth reflects trends in the automotive industry. Its focus on car repair BNPL distinguishes it from general Buy Now Pay Later providers.
