CrediCar

What CrediCar does

CrediCar Ltd, trading commercially as Fastcheck, is a UK-based FCA-authorized credit broker (FCA reference number 938145) that operates a car financing technology platform matching borrowers with pre-approved loan offers from a network of eight or more lenders. The company was founded in 2018 and is headquartered in the United Kingdom, with a headcount in the 11-50 range and privately held ownership.

The Fastcheck platform's core technology is a soft-search loan eligibility and matching engine that lets consumers check financing eligibility without affecting their credit score, then routes pre-qualified applications to one or more lenders on the Fastcheck network. The product surface includes an embedded calculator, one-click checkout with immediate loan decisions, Touch/FaceID authentication for returning borrowers, and a multi-lender panel that retailers can configure. Distribution is delivered through two channels: direct API integration into retailer websites and showroom systems, and a plug-and-play white-label journey that lets retailers deploy the full customer flow under their own brand.

CrediCar monetises as a credit broker on a transaction-fee basis, earning commission or fees on successful loan placements routed through the platform. The go-to-market motion is demo-driven enterprise sales targeting car retailers and dealerships, with booking conducted via Calendly. The named lender panel spans tier-1 banks (Santander, BNP Paribas) and specialist auto finance providers (Zopabank, Oodle, Northridge, Advantage, Blackhorse, FR/Finance Ready). Geographic scope is currently United Kingdom only. The company has recorded one external capital event, a 2023 Creative Destruction Lab cohort participation, and reports Amar Rana as Chief Executive Officer.

Name

CrediCar

Legal name

CrediCar Ltd

Website

https://credicar.co.uk

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

CrediCar Ltd (trading as Fastcheck) is an FCA-authorized UK credit broker operating a soft-search car finance pre-qualification platform that matches borrowers with pre-approved loan offers from a panel of eight-plus lenders, distributed via API integration and white-label embedding to car retailers.

Ownership category

akta.pro rank

Product category

Automotive Lending Technology

NAICS

Mortgage and Nonmortgage Loan Brokers (522310), Sales Financing (52222)

SIC

Loan Brokers (6163)

akta.pro primary industry

Auto / Vehicle Marketplace Lending (FSAKAHAF)

Keywords

• Car finance platform
• Loan pre-qualification
• Credit brokering
• Automotive lending software
• Fintech API

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Credit Brokering: CrediCar operates as an FCA-authorized credit broker (FCA number 938145), matching borrowers with lenders and earning commission or fees for successful loan placements.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

CrediCar operates the Fastcheck platform, an FCA-authorized credit broking and car financing technology system that uses soft-search eligibility checks to instantly match borrowers with pre-approved loan offers from multiple lenders. The platform is distributed to car retailers via API integration and white-label embedding so that dealerships can offer point-of-sale financing with one-click checkout, while consumers access pre-qualified loan offers through embedded calculators.

Product overview

Fastcheck is a unified car financing platform offered by CrediCar that provides instant loan pre-qualification for car buyers. The core Fastcheck Platform matches borrowers with pre-approved loan offers tailored to their credit profiles, supported by modules including the Soft Search Eligibility Tool, Pre-Approved Financing, and White Label Journey integration. The platform serves both consumers (first-time and returning borrowers using Touch/FaceID authentication) and retailers (enabling API integration, one-click checkout, and access to qualified borrowers through a lending panel).

Differentiator

Problem solved

Functional benefit

Products and services

• Fastcheck Platform The core Fastcheck platform instantly matches borrowers with pre-approved loan offers tailored to their credit profiles and affordability, enabling seamless car financing integration for retailers and consumer pre-qualification.
• Soft Search Eligibility Tool A tool allowing consumers to check their eligibility for car financing without impacting their credit score, providing instant pre-qualification results across multiple lenders.
• Pre-Approved Financing A financing offering that delivers consumers pre-approved loan offers based on their credit profile and affordability assessment through the Fastcheck platform.
• Fastcheck API Integration Suite API suite that enables retailers to integrate Fastcheck's pre-qualification, multi-lender matching, and checkout functionality directly into their existing website or showroom systems.
• White Label Journey A plug-and-play white label solution that allows retailers to deploy Fastcheck's pre-qualification customer journey under their own branding within their existing systems.
• Embedded Loan Calculator A consumer-facing embedded calculator that delivers instant pre-qualified loan offers from multiple lenders during the car purchase journey, enabling one-click checkout loan decisions.

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• RoadLoans: US digital auto lending platform that pre-qualifies consumers and routes them to dealer and lender partners. Comparable to CrediCar's soft-search pre-qualification and multi-lender matching for car buyers, with a different geographic focus.
• CarFinance247: UK-based car finance broker that matches consumers with lenders for vehicle loans through a digital platform. Most directly comparable to CrediCar on geography, product (auto loan broking) and customer (UK car buyers and dealers), though CarFinance247 leans more consumer-direct.
• MotoNovo Finance: One of the largest UK specialist motor finance lenders, providing finance through dealer and broker channels. Comparable to CrediCar because it sits on the lender side of the same auto-finance intermediation value chain CrediCar serves.
• Moneybarn: UK specialist lender focused on non-prime vehicle finance, distributed via broker and dealer networks. Comparable as both a competing auto-finance intermediary and a potential lender partner on the Fastcheck network.
• AutoFi: US-based fintech that provides digital auto financing and lender matching solutions to dealers at point-of-sale. Highly comparable to CrediCar in product (embedded auto finance marketplace for dealers) and go-to-market (API/white-label integration into dealer systems), though US-focused.
• Hippo Motor Finance: UK specialist in non-prime and near-prime vehicle finance, distributing through dealer and broker networks. Comparable to CrediCar as a UK-based auto credit intermediary serving dealer channels.

Emerging players

• Zopa: UK digital bank and former peer-to-peer lender that offers personal loans and has expanded into consumer credit products. Comparable on the marketplace lending and fintech intermediation axis, though broader than auto finance.

Broad incumbents

• LendingTree: US-based loan comparison marketplace that matches borrowers with multiple lenders across personal, auto, mortgage and other loan products. Comparable as a multi-lender online loan broker model, though operating in the US rather than UK.
• Black Horse (Lloyds Banking Group): UK motor finance provider owned by Lloyds Banking Group, offering dealer and consumer vehicle finance products. Comparable as a tier-1 lender that operates in the same channel as CrediCar's lender panel; also a disclosed CrediCar partner.
• Auto Trader (UK): UK's largest digital automotive marketplace, which has expanded into finance and insurance products adjacent to its listings. Comparable as a UK digital platform that touches car buyers at the consideration stage and is increasingly moving into embedded finance.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/credicaruk

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CrediCar