Blue Motor Finance helps 2025 FinTech Pledge partnership reach a quarter of its target in first 6 months.
Blue Motor Finance (Blue), the technology led motor finance provider, makes things easy and simple for its customers, and also looks to help them improve their financial circumstances.
In December 2022, Blue proudly signed up to the 2025 FinTech Pledge. At the end of 2022, the UK population was classified as having low financial resilience, so as the government worked to stabilise the economy, the financial technology industry came together to drive positive change for consumers. Launched last September by Zopa Bank and ClearScore, the 2025 Fintech Pledge wants to create 10 million actions to connect consumers to platforms that help them lower utility costs, engage with credit building tools, consolidate debt and save at higher rates – all actions that will improve financial resilience.
Since its creation, the partnership of 33 companies, has already helped the FinTech Pledge achieve a quarter of its target.
Following this success, the FinTech Pledge is now entering its next phase and is thrilled to be supporting The Money Charity in its ambition to reach thousands of people with financial wellbeing training – both online and through workshop for smaller community groups.
Whilst fantastic progress has been made to date, there is still a long way to go. Blue joins Zopa and ClearScore in an open call for more fintech’s, charities and technology companies to join the pledge at pledge2025.org
Tiku Patel, CEO of Blue Motor Finance commented:
“Blue is delighted to be supporting this initiative, as we look for ways to support our customers during these uncertain times. This is the first industry pledge of its kind and it is going from strength to strength by expanding the way it can help consumers. Blue is proud to be one of the 33 companies which currently support the 2025 Fintech Pledge”