BLUE MOTOR FINANCE JOINS FINTECH PLEDGE 2025

Blue Motor Finance (Blue) has announced that it is joining the Fintech Pledge 2025.
With rising living costs, the need and challenge to help consumers build their financial resilience has never been greater. The Fintech pledge brings together the Fintech industry and its partners in an aim to drive 10 million positive consumer actions by 2025, to help consumers with this challenge. To achieve this the pledge will connect users to various platforms to help them with saving, improving credit scores, debt consolidation and lowering utility bills.
Blue is delighted to join with other like-minded companies in this goal including Zopa, ClearScore, Google Cloud, Tandem and Hargreaves Lansdown. Members agree to clearly define, measure and quantify actions that contribute to the campaign’s goal.
Blue will be focussing on supporting consumers to sign up to credit building tools to better understand your credit score. The aim is to strengthen consumers’ financial position to access more and better value financial products. Blue already supports a broad range of customers with complex requirements who are not lent to by more traditional lenders – when these customers repay, they improve their credit record and get access to a wider credit market.
Tiku Patel, CEO of Blue Motor Finance commented:
“Blue is having its best ever year, and we’re delighted that in these times of rising living costs and uncertainty in the credit market, we have been able to help more people than ever before with credit products. It is more important than ever to help people build their financial resilience. Blue is thrilled to join companies such as Zopa, Clearscore, Google and Hargreaves Lansdown in the Fintech Pledge. This is the first industry pledge of this type and will drive positive actions for thousands of people in the UK”

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