Connecting the Future of Auto Finance: 2025 in Numbers

Evolution Funding Group infographic 2025

“This year’s performance reflects consistent delivery against our strategy, made possible by the dedication of our teams and partners across the Group. Together, we continue to strengthen the platform and invest for sustainable, long-term growth.”

Lee Streets, CEO – Evolution Funding Group

The auto finance market is undergoing significant change. Rising consumer expectations, increasing regulatory complexity and rapid digitalisation are reshaping how vehicles are bought, funded and sold. In this environment, scale alone is no longer enough. Leadership is defined by clarity of direction, strength of platform and the ability to evolve with confidence. 

Evolution Funding Group’s 2025 performance reflects a business growing with intent – deliberately investing in capability, strengthening its proposition and building a connected platform designed for long-term success. 

Growth built on strategy, not volume 

Evolution’s growth has been guided by a clear strategic objective: to create the UK’s largest used auto finance platform that supports sustainable, compliant and profitable growth for dealers, lenders and OEM partners. 

Rather than pursuing volume for its own sake, the Group has focused on strengthening its foundations – expanding choice, improving efficiency and ensuring the platform can scale responsibly. This disciplined approach has enabled Evolution to expand its presence and influence across the market, while maintaining resilience in a changing economic and regulatory landscape. 

Strengthening the Group through targeted acquisitions 

Acquisitions play a critical role in how Evolution Funding Group continues to evolve. Each acquisition is driven by strategic fit and capability – bringing specialist expertise, technology or services that enhance the Group’s proposition and create greater value for partners. 

The acquisition of Automotive Compliance is a clear example of this approach. By bringing compliance technology and specialist expertise directly into the Group, Evolution is simplifying complexity for partners and embedding trust at the heart of the platform. This integrated model is increasingly important as regulation intensifies and standards continue to rise across the industry. 

A connected platform that delivers long-term value 

At the centre of Evolution Funding Group is a connected platform that brings together finance, technology, compliance and e-commerce. This integration reduces friction across the automotive retail journey, enabling faster decisions, greater transparency and more consistent customer outcomes. 

For dealers and partners, this means less operational burden and greater confidence to grow. For lenders and OEMs, it provides scale, control and insight within a single, trusted ecosystem. For the Group, it creates a platform that can adapt and expand as the market continues to evolve. 

Trust as a foundation for leadership 

As Evolution grows, trust becomes even more critical. Protecting customers, partners and the integrity of the platform is fundamental to long-term leadership. 

Trust at Evolution is built through technology-led safeguards, strong governance and a culture of service excellence. It is reinforced by long-standing relationships across the industry and by recognition for both performance and customer experience. This focus ensures that growth is sustainable, responsible and resilient. 

Leading the industry through change 

The transition to electric vehicles, the rise of OEM-led journeys and increasing automation are redefining auto finance.
Evolution Funding Group is actively enabling this change – investing ahead of demand to ensure partners are equipped for the next phase of the market. 

By combining scale with innovation and strategic foresight, Evolution is not simply responding to industry change but helping to shape it. 

2025 in numbers 

Evolution Funding Group Performance Snapshot 

View Full Year Performance 2025

Looking ahead 

Evolution Funding Group enters the next phase of its growth with a clear sense of purpose: to build a connected, trusted and future-ready auto finance platform that delivers lasting value for dealers, partners and investors alike. 

The numbers reflect the scale of the business today. The strategy behind them defines where Evolution is going next. 

Evolution Funding Group acquires Automotive Compliance

Evolution Funding Group Acquires Automotive Compliance

Evolution Funding Group (“Evolution”), the UK’s largest automotive finance and digital commerce platform, has announced the acquisition of Automotive Compliance, a leading FCA-regulated provider of compliance services and systems to the UK motor retail sector. The transaction is subject to regulatory approval.

Founded in 2008 and based in Gloucester, Automotive Compliance provides regulatory oversight, governance, and compliance technology to over 1000 dealerships across the UK. The company supports dealers who are directly authorised by the FCA as well as those operating under an Appointed Representative structure, and is recognised for its strong brand, specialist expertise and comprehensive compliance systems.

The acquisition forms a key part of Evolution’s strategy to build a fully connected, end-to-end platform for the automotive finance and retail market. Evolution already offers a broad suite of technology-enabled solutions, including brokered motor finance, direct-to-lender capability, digital retail tools, and dealer commerce systems through Click Dealer. The addition of Automotive Compliance completes the platform’s regulated capability, allowing Evolution to integrate compliance more deeply into dealer and consumer journeys.

Automotive Compliance will continue to operate as a standalone legal entity within the Group, with its leadership team remaining in place during the integration period, ensuring continuity for customers and partners. Evolution will invest further in the business to enhance its systems, expand service capability, and support growth across independent retailers, franchised groups, OEMs, and digital marketplaces.

Lee Streets, CEO at Evolution Funding Group, said:

“This acquisition is a hugely exciting moment for Evolution. Automotive Compliance brings the final piece of our platform vision to life, enabling us to offer a truly end-to-end solution for dealers, lenders and partners. They are one of the most respected compliance providers in the industry, and we’re pleased to be bringing their talented team and expertise into the group. Their knowledge, systems and experience strengthen us in all the right areas, and together we’re creating a more connected, compliant and innovative ecosystem for the automotive market.”

Paul Speakman, director at Automotive Compliance said:

“Joining the Evolution Funding Group is an exciting step for Automotive Compliance. We’ve spent many years building a trusted, respected compliance service for dealers, and this partnership allows us to take that to the next level. Evolution’s scale, technology and forward-thinking approach give our team and our dealers new opportunities to grow and innovate. We’re proud of what we’ve achieved so far, and we’re looking forward to what we can now achieve together.”

Paul Guy, director at Automotive Compliance added:

“Our goal has always been to make compliance clear, effective, and aligned to the realities of motor retail. Becoming part of Evolution allows us to strengthen that work with more scale, better tools, and wider capability behind us whilst playing a central role in the Group’s vision for integrated, compliant dealer and consumer journeys. It positions us strongly for the future and the growing regulatory focus across the market. We’re excited to be joining a group that shares our values and commitment to supporting dealers with the same practical, no-nonsense approach we’re known for.”

Evolution Funding Group is backed by investment from Carlyle and LDC.

Evolution Funding appoints Lisa Coté as Head of Business Transformation

Evolution Funding appoints Lisa Coté as Head of Business Transformation

Evolution Funding, the UK’s largest used auto finance platform, has announced the appointment of Lisa Coté to the newly created role of Head of Business Transformation.

Coté will lead on transformation priorities across the group, with a focus on digitisation, automation, and the centralisation of Evolution’s businesses to support dealers, lenders, and consumers.

With over 30 years’ experience in transformation, operations and CRM leadership in the automotive and finance sectors, Lisa spent more than two decades at Auto Trader, where she became operations director with responsibility for Salesforce, systems and process. She was later head of operations at Cox Automotive-owned Modix, before taking on senior transformation roles including sales enablement lead at Close Brothers Premium Finance.

Most recently, she was VP of sales operations at iVendi, where she led CRM and process re-engineering efforts.

Coté said:

“Evolution has a fantastic reputation in used auto finance, and the pace of its growth is something I’ve long admired. What really attracted me was the chance to be part of a business that’s connecting the whole ecosystem – dealers, lenders, OEMs and marketplaces – while also making the consumer finance journey simpler and more transparent. With my background in transformation and CRM, I’m excited to play a part in driving that forward.”

Duncan Josey, chief strategy officer at Evolution, added:

“I worked with Lisa for many years at Auto Trader and know the difference she makes when leading change. She has the ability to bring people with her, embed new ways of working and deliver results that last. At Evolution, she’ll be instrumental as we build on our vision to be the technology platform of choice in auto finance and continue enhancing the experience for everyone in the value chain.”

Marshmallow Partners with Evolution Funding to Unlock Motor Finance for UK Newcomers

Marshmallow Motor Finance

Marshmallow, the tech-driven unicorn best known for disrupting the car insurance space, has announced an exclusive partnership with Evolution Funding to bring motor finance access to migrants in the UK. The partnership enables dealers to fund deals for customers who would typically be declined by traditional lenders, opening up new opportunities for both consumers and the dealer community.

As a fintech on a mission to make migration easier, Marshmallow is taking a uniquely sophisticated approach to risk and pricing, recognising that newcomers to the UK often lack the traditional credit footprint required by mainstream finance providers. This underserved customer group can now benefit from fairer, more accessible motor finance, allowing them to purchase vehicles through dealer networks with confidence.

“Our mission has always been to make moving to the UK easier and more affordable,” said Oliver Kent-Braham, Co-Founder and Co-CEO of Marshmallow. “Expanding into motor finance is a natural next step. With over 10 million migrants in the UK, there’s a clear gap to address. We found that fewer than 1 in 10 of our New to the UK customers accessed secured car finance for their most recent car purchase, far below the equivalent rate for those born in the UK. This shows that most UK Newcomers are effectively locked out of the car finance market. Our partnership with Evolution Funding means we can deliver real impact at scale: helping dealers approve applications they might have previously rejected, while giving customers a smoother experience and better outcomes.”

The partnership adds Marshmallow to Evolution’s extensive and diverse lender panel, reinforcing the company’s position as the UK’s leading used auto finance platform. Evolution’s unique position at the centre of the motor finance ecosystem – connecting dealers, lenders, and partners through its platform and technology – makes it the ideal launch partner as Marshmallow expands into the sector.

Lee Streets, CEO at Evolution Funding, commented: “We’re proud to welcome Marshmallow to our lender panel. Their innovative approach aligns perfectly with our platform model. Importantly, it was our analysis and intelligence that helped shape this opportunity, proving the scale of the unmet need and ensuring we can deliver inclusive solutions responsibly. By combining Marshmallow’s unique credit models with our distribution, insight, and lender diversity, dealers now have an even greater ability to serve customers with complex credit profiles.”

Marshmallow enters the motor finance sector with the same energy and innovation that made it the second-fastest growing company in Europe (Financial Times, 2023). Founded in 2017 by twins Oliver and Alexander Kent-Braham and David Goaté, the company has served over a million customers – the majority of whom are UK newcomers – and continues to grow, with over 600 employees across London and Budapest.

Evolution Funding Group to Showcase ‘Dealer in a Box’ at AM Live 2025

Evolution Funding group at AM Live 2025

Evolution Funding Group is excited to announce that we will be exhibiting at Automotive Management Live 2025, taking place on 12th November at the Birmingham NEC.

We’ll be located at stand A28, where we’ll be showcasing Dealer in a Box – the industry’s first all-in-one digital and finance solution designed specifically for growing dealerships.

Combining Click Dealer’s proven automotive retail technology with Evolution Funding’s market-leading auto finance expertise, Dealer in a Box helps independent and mid-size dealers streamline their entire retail and finance journey – from digital forecourt to deal completion.

Live Demos & Dedicated Conversations

Our team of Customer Success Managers will be on hand throughout the day, delivering live demonstrations of the Dealer in a Box platform. You’ll be able to see the technology in action and explore how it can make a real difference to your dealership’s operations.

We’ll also be joined by our Major Accounts Directors, who will be available to speak with AM100 dealerships about their specific challenges and opportunities. Whether it’s about scaling digital retail, increasing finance penetration, or aligning internal processes – our team will be ready to help.

Exclusive Show Offer

Dealers who visit us at AM Live and sign up to Dealer in a Box following the event will be eligible for a special show-only offer. It’s our way of helping forward-thinking retailers take the next step in their growth journey – with even more value built in.

Why Visit AM Live?

Automotive Management Live (AM Live) is the UK’s leading one-day event for motor retailers. Hosted by Automotive Management magazine, it brings together dealers, manufacturers, and suppliers for a packed day of insight, networking, and innovation.

From operational strategy to digital transformation, AM Live offers free access to:

  • Expert-led theatre sessions
  • New tech and solutions from top suppliers
  • Insight into the future of automotive retailing

Attendance is completely free, making it the must-attend event for dealerships looking to stay ahead in a changing market.

About Evolution Funding Group

Evolution Funding Group consists of Evolution Funding, Click Dealer, Motion Finance, and Creditas. At the heart of the group is Evolution Funding – the UK’s largest used auto finance platform.

Together, the group combines scale in finance with deep expertise in automotive retail technology. Its mission is to digitise, automate, and enhance the consumer auto finance experience, enabling seamless connections between dealers, OEMs, marketplaces, and lenders.

Let’s Talk at Stand A28

If you’re looking to grow your dealership with a joined-up digital and finance approach, visit us at stand A28 to see how Dealer in a Box can help power your success – and don’t miss out on our exclusive show offer.
Register for AM Live 2025
Visit our Exhibition Stand page

Click Dealer Launches New Website

Click Dealer launch new website

We’re excited to announce the launch of Click Dealer’s refreshed website, built and delivered by the Evolution Funding Group marketing team. This is more than just a new look – it’s a sharper expression of what Click stands for today and where the brand is heading next.

This isn’t a rebrand. Click Dealer remains the trusted partner that dealers know – but now with a website that tells their story with greater clarity, cleaner visuals and a renewed focus on how their solutions help solve real world dealer challenges.

From a brighter take on the signature orange, to a stripped-back design and clearer messaging, every detail has been considered to better reflect Click Dealer’s purpose and ambition. The site moves away from listing features and shifts towards demonstrating outcomes – enabling more meaningful, consultative conversations with dealer partners.

This has been a true team effort. The refreshed brand, website build, and written content were all created by the Group marketing team, working closely with Click’s product and marketing leads, developers and stakeholders. It’s a great example of what happens when creative, strategic and technical minds come together with a shared goal.

Duncan Josey, Chief Strategy Officer at Evolution Funding, said:

“I am so proud of the team who have come together to launch a website that truly reflects the brilliance of Click and tells the story of their fantastic portfolio. This website clearly shows why Click Dealer are market leaders. Well done all!”

Explore the new site at clickdealer.co.uk and see how the refreshed brand is helping to drive stronger conversations, deeper partnerships and a clearer voice in the market.

This launch reflects how we’re levelling up across the Evolution Funding Group – creating confident brands that are aligned to our mission and built to support growth.

 

Unrivalled Excellence: Evolution Funding Secures 10th Consecutive Best Broker Title

Evolution Funding has been awarded ‘Best Broker’, ‘Best Service for Dealers’, Best Response to Market Conditions’, and ‘Best Use of Technology’ at the Credit Strategy Car Finance Awards 2025.

Remarkably, Evolution Funding has held the title of Best Broker every single year since the Car Finance Awards began a decade ago – a testament to its unwavering excellence and leadership in the motor finance sector. In addition, the business has now secured the Best Service for Dealers award for the third year running, reinforcing its reputation for consistently delivering outstanding support to dealer partners.

Best Broker

Evolution Funding wins best broker at the car finace awards 2025

Evolution Funding’s Best Broker entry showcased its rapid regulatory response and market leadership following the Court of Appeal judgment—implementing 23 process changes in just 28 days and launching digital compliance updates in six.

As the UK’s largest broker, Evolution became the industry’s central hub, even consulted by the FCA. Its automation-first approach delivered 6,000–10,000 dealer hours in monthly time savings, reduced customer touchpoints by 30%, and boosted conversions by up to 10%.

Backed by exceptional growth, operational innovation, and a scalable support model, Evolution proved it doesn’t just adapt to change—it defines the standard for the motor finance industry.

Judges' Comment:

Evolution Funding continues to stand out through its innovation and proactive role within the motor finance community. The judges were particularly impressed by its ability to remain agile and responsive, despite the considerable scale of its operations.

Best Service for Dealers

Evolution Funding wins best service for dealers at the car finance awards 2025

Evolution Funding’s Best Service for Dealers entry highlights a transformative year of automation, structural change, and proactive support.

Our Pre-Pay technology and RPA-led processes saved dealers up to 10,000 hours monthly, enabling faster handovers and enhanced customer experience. A restructured Sales Centre of Excellence and 30-minute SLA Helpdesk delivered seamless service, boosting conversions and cutting delays. Regulatory agility following the Court of Appeal ruling ensured minimal disruption, with 23 process updates delivered in just 28 days.

From proposal to payout, Evolution’s streamlined, data-led approach continues to drive dealer success through measurable improvements, trusted relationships, and rapid market responsiveness.

Judges' Comment:

The value Evolution Funding brings to dealers is undeniable. Judges highlighted how the company helps dealers sell more cars and earn more finance, making it a trusted partner in the field.

Best Response to Market Conditions

Evolution Funding wins best best response to market conditions at the car finance awards 2025

Evolution Funding delivered a decisive, industry-leading response to the Court of Appeal motor finance judgment. Within six days, we launched fully digitised compliance updates—followed by 23 process changes in just 28 days—ensuring business continuity while others stalled.

Engaging with 34 lenders, dealer groups, and the FCA, we shaped a scalable, transparent solution that balanced regulatory needs with customer understanding. With 99.9% customer consent, our approach didn’t just meet requirements—it set a new benchmark for trust, clarity, and industry-wide readiness.

By prioritising insight, adaptability, and consumer empowerment, Evolution led the market through unprecedented change with confidence and control.

Judges' Comment:

Evolution Funding’s swift and comprehensive response to recent regulatory rulings – including a full technical breakdown and effective communications plan – set a benchmark for the industry, reinforcing its reputation as a reliable partner for lenders.

Best Use of Technology (joint submission with Voyc)

Evolution Funding’s partnership with Voyc has revolutionised call monitoring and compliance through AI. Replacing manual sampling with 100% automated QA on 55,500 monthly calls, Voyc instantly flags vulnerability, dissatisfaction, and compliance risks—freeing teams to focus on coaching and resolution. With 94% alert accuracy and a 20%+ drop in compliance errors, the system enables real-time support and tailored interventions, including for vulnerable or dyslexic customers.

The result: a 21% improvement in call quality scores and industry-leading First Call Resolution at 81%. This technology-driven approach sets a new benchmark in operational efficiency, customer care, and regulatory excellence.

Judges' Comment:

This joint entry from Evolution Funding and Voyc showcased genuinely unique technological capabilities. Its proven impact on improving First Call Resolution rates and reducing compliance errors highlights a system delivering better outcomes for all.

The Car Finance Awards 2025 took place on 21 May at the stunning Monastery in Manchester—a fantastic evening celebrating the very best our industry has to offer. We were proud to stand alongside so many worthy finalists and extend our heartfelt congratulations to all the winners. It was a night to recognise innovation, dedication, and excellence across the sector, and we’re honoured to have been part of it.

View Car Finance Awards 2025 Winners List

Evolution Funding Confirms Commitment Towards a Net Zero Future

Evolution Funding Confirms Commitment Towards a Net Zero Future

Evolution Funding is committed to sustainability and working toward a net-zero future. As a leader in motor finance, we recognise our role in addressing climate change and supporting environmental progress.

To this end, we will work to establish targets that ensure we make the progress to support our commitment. Our approach will prioritise reducing our environmental impact and promoting sustainable practices across our operations.

We are dedicated to transparency and accountability, tracking our progress and providing stakeholders with updates on our efforts. Through collaboration with industry partners and stakeholders, we aim to support the transition to a low-carbon economy and contribute to a more sustainable future for the motor finance sector.

Evolution Funding Responds to Commission Disclosure Practice Changes

Commission Disclosure Practice Changes Evolution Funding Guidance

On the 25th of October 2024, the Court of Appeal handed down its judgment in the cases of Johnson v FirstRand Bank Limited, Wrench v FirstRand Bank Limited and Hopcraft v Close Brothers.

In response to the Judgment, Evolution Funding carried out a full review of how to ensure compliance with the new ruling for its dealers, lenders and customers.

This led to changes in Evolution’s processes and systems to create an enhanced commission disclosure consent journey. The updated journey addresses the heightened need for full transparency regarding informed consent, commission disclosures and additional duties.

Evolution has produced a guide that provides a summary of the key takeaways, how they are responding to support dealers’ businesses, and key actions dealers may need to consider.

N.B. This guide does not provide legal advice. If you are in any doubt about your obligations, you should seek legal advice, and this guide is provided purely for information and guidance.

View ‘Commission Disclosure Practices Update’ Nov 2024

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Evolution Funding Awarded for Digital Innovation Excellence

Evolution Funding wins Digital Innovation Award at MF25

Evolution Funding wins ‘Digital Innovation of the Year (Front Office)’ at the Motor Finance Europe Awards 2024.

Evolution Winner of MF24 Digital Innovation of the Year Award

This year marked the 10th annual Motor Finance Europe Awards, recognising and celebrating innovation, talent, and service delivery in the motor finance space in Europe. The celebrations were held in Frankfurt, Germany, and included the opportunity to network with dealerships, lenders, and like-minded service providers.

Alan Smith presented with MF24 Digital Innovation of the Year Award

The Digital Innovation of the Year (Front Office) award highlights Evolution Funding Group’s trailblazing technological presence in the auto finance space. Focused on ClickFinance, a software collaboration between Evolution and sister company Click Dealer, the awards submission highlighted ClickFinance’s unique ability to enhance and streamline the vehicle finance experience for dealerships and their customers, leading to a significant increase in finance penetration.

The judges’ said:

“Meeting customer needs, enhancing the customer experience, and adapting to market changes are essential for motor finance professionals. The judges noted that the winner addresses these challenges by providing a used car-buying platform that integrates seamlessly into dealer websites, offering a comprehensive suite of digital solutions for automotive dealers.”

This award is ClickFinance’s second recognition this year, having won ‘Best Technology Partner’ at the Car Finance Awards 2024. Our deep-rooted relationship and collaboration with our sister company, Click Dealer, help bring our revolutionary digital finance offering to the forefront of the auto finance industry.  

Sarah Simpkins, Marketing Director, commented:

“We are thrilled to receive this recognition for ClickFinance in the technology category. Our vision is to lead the transformation of the auto finance ecosystem through innovative technology, and ClickFinance—born from the collaboration between Evolution Funding and our sister company, Click Dealer—plays a pivotal role in realising that vision.”

We would like to congratulate Click Dealer as we look to the future with excitement as we continue to reach new heights. Finally, a huge congratulations to the other winners of this exciting event and the work we all pursue to drive change in the industry!

Winners at the MF24 Awards

Click here to read more about the event and view the full list of winners.