Evolution Funding plans to acquire Creditas Financial Solutions, pending FCA approval, to expand dealer access.
Evolution Funding, a leading UK used car finance platform, plans to acquire motor finance broker Creditas Financial Solutions (Leeds) pending FCA approval. The move aims to expand dealer access to Evolution's finance platform, tech, and lender panel. Founded in 2007, Creditas will continue to operate independently under Evolution Funding Group, with its existing management team. This acquisition follows Evolution's previous acquisitions of Click Dealer (2021) and Motion Finance (2023).
May 14, 2024
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