New and used car platform YesAuto has partnered with iVendi, to implement the firm’s digital finance technology.
Implementation of the technology is expected to support YesAuto’s online growth, alongside the addition of new car configurators, new car stock, used car stock, service booking and social media.
Integration of the technology will centre on finance calculators from iVendi, based on each dealer’s product range, boosting affordability and customer control.
Stuart Palombo, UK sales director for YesAuto, commented: “We are very pleased to be working with iVendi on the crucial motor finance elements which form a key part of giving our users the best possible experience. Our aim is to be market-leading in this respect.”
Expanding on the benefits for consumers, Palombo said: “Having the right technology is a critical part of the user experience for visitors to our portal, which we aim to make as simple and easy as possible.”
YesAuto enables customers to easily search for and purchase cars. Launched in April this year, the firm employs innovative technology in order to provide a simplified customer process.
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By GlobalDataSuch technology has proven popular, demonstrated by the firm’s impressive growth; by September, the site was attracting 1.1m visitors, listing 135,000 vehicles from 1,800 retailers.
Remarking on YesAuto’s success, James Tew, chief executive at iVendi, said: “YesAuto clearly has substantial ambitions for the UK market backed up by hugely impressive success on a global scale. They are a major arrival in the used car sector here.
“With its combination of content and search, the site brings something new to car portals in the UK and we are very pleased to be working with them on the finance provision essentials of their proposition.
“In a post-pandemic vehicle market, being able to transact all parts of each purchase almost entirely online is essential to any retailer and, with the help of our technology, YesAuto will make this process easy for consumers.”