Our Vision
To be the technology platform of choice, connecting the auto finance ecosystem.
Our Vision
To lead change, digital innovation, and excellence in motor finance.
About Us.
Formed in 2002, we started out with three directors working out of a rented office in Chesterfield. Now the UK’s largest used auto finance platform, Evolution Funding employs around 400 people UK-wide, finances 87,000+ vehicles a year, and supports 4000+ motor dealers.
The business has made three key strategic acquisitions in recent years; Click Dealer in July 2021, Motion Finance in May 2023, and Creditas Financial Solutions in May 2024.
In July 2023, Evolution Funding announced it had secured a majority investment from Carlyle, one of the world’s leading private equity firms. The investment will support the next stage of our growth and expansion plans, ensuring we maintain a leading position in the market.
The motor finance market is undergoing much change; industry regulation and the introduction of SMCR, the digitisation of car buying, and the emergence of new channels such as price comparison websites.
Evolution has embraced this change and is well-placed to support partners in their own strategies for growth.
Our Purpose
To transform the auto finance experience.
Our Vision
To be the technology platform of choice, connecting the auto finance ecosystem.
Our Mission
To digitise, automate and enhance the consumer auto finance experience, connecting dealers, OEMs, marketplaces, and lenders.
The motor finance market is undergoing much change; industry regulation and the introduction of SMCR, the digitisation of car buying, and the emergence of new channels such as price comparison websites.
Evolution has embraced this change and is well-placed to support partners in their own strategies for growth.
Our Mission
To evolve motor finance:
By delivering partner solutions that enable exceptional customer experience and choice.
By being fair and transparent to all consumers, regardless of credit score.
By intermediating £1 billion in consumer advances via our platform.
By enabling 1:5 used car funding transactions via our digital solutions.
2023 in Numbers
£1.5B
102,952
1,286
Dealers using Credit Score-Based Pricing
1M
API requests per day powering used car funding transactions
734
feature releases & product enhancements
Eight
Awards
