Bumper
The business, the turning points, and the decisions behind them.
Some sections are still being researched1 / 4
Sections to complete：05
01 / WHAT IT BUILT
What the company did
Bumper (formerly Auto Service Finance) is a London-based auto fintech founded in 2013 by Jack Allman and James Jackson. It is a digital payment platform for vehicle repairs and services: drivers can pay online, in-store or split their repair bills into interest-free monthly instalments, with real-time lending decisions made by proprietary AI-enabled technology. Working with over 4,000 dealerships and garages across the UK, Spain, Germany and the Republic of Ireland - including partners such as Volkswagen Group, Ford, Jaguar Land Rover and Nissan - it has enabled more than 330,000 vehicle owners to spread repair costs. Backers include InMotion Ventures (Jaguar Land Rover's investment arm), Autotech Ventures, ITOCHU and Revo Capital, with total investment of about £36.6 million (around $42 million).
02 / Bumper FAILURE REASONS
Failure factors supported by the current evidence
Bumper’s official shutdown notice (effective 10 December 2025) stated the project ceased immediately because the deployed DeFi protocol was unable to attract sufficient liquidity and users to sustain operational costs.
The protocol could not attract enough liquidity and users.
The notice said traction was insufficient to sustain operational costs.
03 / EVENT HISTORY
Events in the structured record
- Product or service closed
Official Bumper notice: the Bumper Protocol was permanently shut down effective 10 December 2025; dApp/vaults discontinued; support ended 17 December 2025.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.