Bumper Acquires AutoBI to Strengthen UK Automotive Payment Platform

  • Bumper, a UK-based platform specializing in vehicle payment solutions, has acquired AutoBI, a company that provides business intelligence tools for the automotive industry.
  • Founded in 2019, AutoBI offers web-based dashboards that give near real-time updates on various business areas, including sales, service, and customer management.
  • This acquisition is part of Bumper’s strategy to enhance its digital payments platform by providing deeper insights to automotive dealers, improving profitability and efficiency.
  • AutoBI’s founder and team will remain with the business, continuing under the leadership of Jonathan Sharman.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Monzo’s Savings Challenge: Addressing Customer Retention Gaps

How Monzo is tackling retention issues in their savings products.Highlights: Monzo launches a new savings challenge to enhance...

Abound Ventures into Mortgage Market with Ahauz Acquisition

A strategic move aimed at enhancing digital mortgage solutions.Highlights: Abound acquires Ahauz to enhance its mortgage offerings.The acquisition...

Visa Partners with BVNK for Stablecoin Payment Solutions

Exploring Visa's innovative step into the realm of stablecoin transactions.Highlights: Visa collaborates with BVNK to enable stablecoin payments.New...

Payments Association Urges Bank of England to Accelerate Stablecoin Development

Concerns grow over the regulatory hurdles facing stablecoin innovation.Highlights: Payments Association calls for regulatory clarity on stablecoins.Bank of...