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Oodle Car Finance helps people in the UK buy cars by providing car loans. It partners with trusted car dealers and uses technology to make applying for finance easier, faster, and more personalised. Customers submit a credit application online or through the dealer, and Oodle provides a loan offer that the customer repays over a set term with interest and any applicable fees. The loan is funded to purchase a vehicle through its dealer network, and the customer makes regular payments to repay the loan. The company earns revenue from interest on the loans and from service-related fees. What makes Oodle Car Finance different is its emphasis on a streamlined, technology-driven application process, a strong network of trusted dealers, and a focus on customer feedback to improve service. The goal is to grow its UK presence by offering competitive rates and a smooth, personalised car-financing experience that helps more customers finance their vehicles through reliable dealers.
Industries
Automotive & Transportation
Fintech
Financial Services
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$211.2M
Headquarters
Oxford, United Kingdom
Founded
2016
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Total Funding
$211.2M
Above
Industry Average
Funded Over
2 Rounds
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Paid Vacation
Paid Sick Leave
Paid Holidays
Pension
Flexible Work Hours
Remote Work Options
Hybrid Work Options
Wellness Program
Mental Health Support
Gym Membership
Phone/Internet Stipend
Home Office Stipend
Employee Discounts
1 day volunteer day per year
Oodle Car Finance launches partnership with NotifyNOW putting bereaved families at the heart of their service. * Oodle Car Finance announces a new partnership with NotifyNOW, a service of Phillips & Cohen Associates, to streamline end-of-life admin * Oodle customers can now inform other UK service providers of a death via NotifyNOW's technology * NotifyNOW - exclusively licensed by Phillips & Cohen Associates - partners with its first car finance firm MANCHESTER, England - (BUSINESS WIRE) - Leading bereavement notification service NotifyNOW, a service of Phillips & Cohen Associates (PCA), has forged a new partnership with Oodle Car Finance, which will simplify end-of-life administration for its customers. Oodle, which was founded in 2016, focuses on making car finance easier for customers, dealers and brokers. A car loan from Oodle helps customers fund their vehicle and spread the cost with monthly payments tailored to their income and circumstances. Oodle's quick decision-making process enables customers to move forward efficiently and produces strong customer outcomes. From today, people handling the affairs of a customer who has passed away will be able to inform Oodle about a bereavement through the digital platform NotifyNOW, while also being offered the option to notify other service providers with one click. Louise Schofield, Chief Operating Officer at Oodle, says: "At Oodle, The AI Journal Ltd. is committed to using technology not just to improve processes, but to make a real difference for its customers, especially during life's most difficult moments. "Bereavement is an incredibly distressing time; The AI Journal Ltd. understand the emotional and administrative strain it brings. Partnering with NotifyNOW was a natural step in its digital transformation journey to remove unnecessary complexity. "By integrating NotifyNOW's technology, we're streamlining the process of notifying multiple organisations, reducing stress and saving time for bereaved families. This partnership reflects our focus on operational excellence and customer care, helping people concentrate on what truly matters." Oodle staff deal with up to 300 calls per year from those dealing with the estates of customers, with close case management provided by the company's bereavement teams afterwards. Nick Cherry, Divisional CEO at Phillips & Cohen Associates, says: "Oodle Car Finance is taking active steps to support bereaved customers and their families at a time when they need it most. "We hope the NotifyNOW service offers some peace of mind to customers and other motor finance firms will follow Oodle's lead to enhance bereavement care across the sector." When someone contacts Oodle to report the death of a customer, a link on their website will offer access to NotifyNOW. They will then be asked to upload customer details. This enables NotifyNOW to inform over 2,000 companies, including financial institutions, utility companies, service providers and mobile phone companies, in one go, saving grieving families from having to make many separate calls and repeat information to each individual company. Phillips & Cohen is the sole licensee of the NotifyNOW platform, which is owned by The Estate Registry. Notes to Editors Headshots of Louise Schofield, Chief Operating Officer at Oodle (quoted) and Nick Cherry, Divisional CEO at Phillips & Cohen Associates (quoted) are available to download here About Oodle: Founded in 2016, Oodle Car Finance focuses on making car finance easier for customers, dealers and brokers. Quick decisions and use of automation help introducers move applications forward efficiently, and jargon-free communication supports customer understanding and confidence. These approaches are designed to deliver strong customer outcomes with a focus on transparency, accessibility, and overall experience. Oodle offers both Hire Purchase (HP) and Unsecured Personal Loan (UPL) products. Working closely with dealers and brokers across the UK, Oodle supports customers in finding finance that suits their needs and helps them get on the road with confidence. About Phillips & Cohen Associates: Phillips & Cohen Associates, Ltd., built its reputation in the credit industry by providing specialized compassionate engagement services to clients. Focusing on customer care, compliance, and innovation, Phillips & Cohen Associates, Ltd. delivers solutions that support businesses while maintaining sensitivity and professionalism in all interactions. About The Estate Registry: The Estate Registry was created by a team of professionals with experience throughout the USA, Canada and the UK. The AI Journal Ltd. identified the challenges of estate management as an area where individuals and organisations could benefit from services that help automate and smooth the transition of assets to beneficiaries, making the process simple and straightforward. For further information, please contact: For PCA - [email protected] For Oodle - [email protected]
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NICE announced that Oodle Car Finance, one of the fastest growing motor finance companies in the United Kingdom (UK), has selected NICE's artificial intelligence (AI)-driven customer experience solutions to identify and meet the specific needs of vulnerable consumers.
Oodle selects NICE Enlighten AI to better identify and serve Vulnerable Customers.
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Industries
Automotive & Transportation
Fintech
Financial Services
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$211.2M
Headquarters
Oxford, United Kingdom
Founded
2016
Find jobs on Simplify and start your career today