Evolution Funding sweeps the board at Car Finance Awards 2019

Evolution Funding has achieved unprecedented success at the Car Finance Awards 2019, picking up four of the 20 awards on the night for Best Broker sponsored by Amigo Loans, Best Use of Technology – Risk & Compliance sponsored by Experian, Best Direct Consumer Proposition, and Best Specialist Car Finance Provider.

The awards, held at the Nottingham Belfry Hotel on June 20, mark the fourth year that the event has taken place. Celebrating the achievements of the industry from manufacturers and providers through to dealers and lenders, the night highlights the huge contribution that the motor finance industry makes to the UK economy.

Collecting the Best Broker award, CEO of Evolution, Lee Streets, commented:

“We couldn’t have hoped for a better result on the night, absolutely outstanding. This is our fourth consecutive year of being named Best Broker, and to be recognised for our technology contributions against so many strong entries is testament to the impact we are having on this industry.”

The judging panel, consisting of highly-regarded figures within motor finance and financial services authorities, highlighted how integral Evolution has become to the motor finance industry, citing their “cutting edge” approach, whilst providing “good regulatory oversight”. Of Evolution’s direct to consumer proposition, they commented that My Car Credit is “making a complex space easier for their customers”. The judges also commented that Evolution Extra was “ploughing a clear route in specialist finance to ensure the customer gets the best outcome and the dealer delivers more cars”.

These accolades follow Evolution’s third ‘Intermediary of the Year’ award at the Motor Finance Awards, held in Munich. Earlier this year, Evolution announced a significant private equity investment deal from LDC.

Picture shows l to r: Justin Moorhouse (comedian and host), Lee Streets (Evolution Funding) and Adam Newman (Amigo Loans)

Evolution Funding wins in Munich at Motor Finance Awards 2019

Evolution Funding has been named ‘Intermediary of the Year’ at the 5th annual Motor Finance Conference and Awards 2019. Held at the iconic Sofitel Bayerpost hotel in Munich, the event celebrates excellence and innovation in the European motor finance industry.

Evolution beat a record number of submissions to pick up a coveted trophy, with the independent panel of judges citing Evolution’s scale, reach, and partners, along with their e-signature process, being of merit. Their risk aggregator system and overall customer experience was praised as impressive.

Lee Streets, Evolution Funding CEO, said:

“We are delighted to be awarded ‘Intermediary of the Year’ for a third year since these prestigious awards launched in 2015. We have consistently delivered on our strategy of reinvesting into our business, with a firm focus on developing some of the most ground-breaking motor finance technology in the market. Our commitment to delivering a transparent, fair and compliant customer journey through our technology, products and processes has enabled our business and our partners to stay ahead of the curve. It is fantastic that this has been recognised by the judges.”

Collecting the award on the night, Jeremy Levine, Evolution Group Executive Director, added:

“It is testament to the hard work and commitment of our people that we have been awarded this accolade once again. We have a fantastic team of people who work tirelessly to deliver the best that the market has to offer. Whilst technology continues to drive our business forward, it is our people right across the UK who keep the cogs turning. We are grateful for their continued dedication.”

Visit Motor Finance online for the full list of winners.