iVendi scooped a major award – and was named runner-up in another category - at the International Auto Finance Network Conference.
The motor dealer online technology specialist was named winner of the Best Motor Finance Product or Service and runner-up in Motor Finance Point of Sale category.
Both awards were given for the iVendi Platform, a cloud-based solution that is designed to provide a complete motor finance infrastructure for dealers, managing all showroom and online finance traffic from any lender and aiding FCA compliance.
James Tew, CEO at iVendi, said: “It is very gratifying to have the hard work our team has been doing on motor finance technology recognised in this way.
“With the iVendi Platform, we have spent several years creating the means to allow dealers, lenders and car portals to take the customer on an online journey from first searching for a vehicle through to final sale.
“For many years, it has been said that the motor industry lags behind other sectors in this kind of fully-featured online experience. Not any more.”
IAFN Award winners were chosen by a selection committee of 17 judges drawn from business and consultancies using a robust set of independently verified procedures to score candidates. The entire process was overseen by Tarun Mistry, the partner leading Grant Thornton’s leasing, asset and consumer finance sector team, who also chaired the judges’ final deliberations.