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Jaguar Land Rover’s (JLR) InMotion Ventures fund, Porsche Ventures and Silicon Valley-based Autotech Ventures have contributed to a £9 million fund-raising round by Bumper.
Bumper has integrated with Keyloop’s car dealer management systems to facilitate the provision of digital aftersales payments.
Nissan dealers can offer aftersales customers the option of interest-free payments for servicing and repair work as part of the brand's new partnership with Bumper.
Aftersales departments have been kept busy for the best part of a decade by a buoyant new car market with each dealerships’ own customer base keeping workshops full.
As the new car market declines and EV ownership becomes more widespread, dealer groups are increasingly turning their attention to older vehicles to keep workshops full.