Bumper noticed revenues develop 54% in 2023 to £11.7m for the monetary 12 months ended 31 December 2023, a document excessive.
The enterprise noticed a 90% enhance in Gross Merchandise Worth, with £211m price of automotive repairs processed by sellers by way of its platform.
James Jackson, Co-Founder and CEO, mentioned: “2023 was a transformative 12 months for Bumper with the enterprise experiencing exponential progress within the UK and rising its foothold in key European territories.
“In addition to considerably rising the scale of our enterprise we empowered our supplier companions to spice up their workshop throughput and profitability by offering clients with fee choices to go well with their particular person wants and budgets.
“This year we have remained focused on further scaling the business, as demonstrated by our recent acquisition of AutoBI, the business intelligence tools provider, as part of our stated plan to become Europe’s largest automotive payment and data platform.”
Bumper accomplished a £40m Sequence B fundraise in 2023, launched its branded PayPad fee terminal and was ranked as one of many quickest rising European fintechs within the FT1000.
Bumper is on monitor to greater than double its GMV to round £460m by the tip of this 12 months.
