FCA Bank and KPMG were among the companies to pick up a coveted trophy at the annual Motor Finance Awards in Munich this week.
Celebrating excellence and innovation in the European motor finance industry, this year’s awards attracted a record number of submissions, with winners revealed at the iconic Sofitel Bayerpost hotel in Munich.
Congratulations to all of our winners:
Captive Finance Company of the Year
FCA Bank – The judges were particularly impressed with FCA’s significant growth, its European approach, and progression of all parts of the business year on year.
Best Finance Product of the Year
Close Brothers – Praised by the judging panel for aligning with its network and leading the market on its personal contract hire product, and the success it had in that market.
Bank Owned Independent Finance Provider of the Year
Santander Consumer UK – The firm’s growth and investment in the motor finance market helped secure the trophy, as did its part in a joint online proposition for a major OEM. The judges also commended its approach as a funder when partnering with the industry.
Non-bank Owned Independent Finance Provider of the Year
Startline Motor Finance – Startline applied itself and achieved stability that stood out to the judges, with lots of evidence that backed all the claims of the business. Our judges commended the innovation around the used car PCP product line.
Sub-Prime/Non-Prime Lender of the Year
Moneybarn – Our judges liked the efforts that Moneybarn had made on affordability, treating customers fairly and devising responsible appropriate products that really shone through in its nomination.
Intermediary of the Year
Evolution Funding – The judges saw the scale, the reach, and the partners that Evolution and also the e-signature process that they have prepared as being of merit. Their risk aggregator system was impressive, as was their overall customer experience.
Advisory Firm of the Year
KPMG – This category was very close, but KPMG’s impact in the market with its research and insight was seen as definitive. Its ability to reflect the market and consult with it was also matched by its ability to chart its future progress and to see how innovation could shape the market in the future.
Digital Innovation of the Year: Consumer Lending
Oodle Car Finance – For the judges, Oodle’s product had the integration of the physical and the digital journey, described as omni-channel with a clever concierge facility.
Digital Innovation of the Year
Redline – Redline was chosen by judges to have had the most interesting proposition in the market, delivering the system in a relatively short amount of time, while the product topped out in its innovation.