Oodle Car Finance is adopting new point-of-sale technology from iVendi to support its ambitious growth plans for 2025.
The move will allow Oodle to offer its motor finance products to a larger network of dealers, enhancing both online and showroom sales.
Ciara Raison, chief commercial officer at Oodle, explained: “A major part of our expansion plan for the next 12 months is simply to reach more dealers and their customers, enabling them to transact with us quickly and easily. iVendi are helping us achieve just that.”
Raison said the adoption of iVendi’s technology will position Oodle at the forefront of the digital transformation taking place across the motor finance industry.
“As more dealerships embrace cutting-edge technologies, Oodle’s move to adopt iVendi’s technology places us at the forefront of the sector’s evolution, streamlining the finance process for dealers and customers alike,” she said.
She added that the partnership would enable Oodle to maintain high levels of compliance while continuing to deliver the rapid response times. “Our innovative approach combines cutting-edge technology, flexible financing options, and exceptional support to help dealers close more deals, faster,” Raison stated.
Oodle, which has offices in Manchester, Oxford, and London, currently works with over 500 UK dealerships and serves more than 100,000 motorists.
“We’re already inviting new dealers to join this programme using the iVendi technology and are beginning to roll out availability of our products to them,” she added. “The initial response has been encouraging and we’re excited to see how this project develops during 2025.”
James Tew, CEO at iVendi, said: “Oodle has a reputation as an innovative motor finance provider that is fast to recognise the potential of new technology, and we are delighted to be working with them.”