Fastcheck
Fastcheck is a Birmingham-based FCA-authorised credit broker whose real-time pre-qualification platform uses soft credit searches and a proprietary ML PTA score to connect UK car dealerships, lenders, and consumers for instant vehicle financing decisions.
- Company typePrivate
- Founded-
- HeadquartersBirmingham, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Fastcheck does
Fastcheck is a Birmingham-based FCA-authorised credit broker (FCA number 938145), trading name of CrediCar Limited, that operates a real-time pre-qualification platform connecting UK car dealerships, lenders, and consumers for vehicle financing. The platform performs soft credit searches against TransUnion, Equifax, and Experian to match borrowers with pre-qualified loan offers from a network of eight named UK lenders — including Santander UK, Zopa Bank, BNP Paribas Personal Finance UK, Black Horse (Metro Bank), Northridge Finance, Advantage Finance, First Response Finance, and Oodle Finance — without placing a hard footprint on the borrower's credit file. Core products include a soft-search eligibility tool, pre-qualified financing solution, one-click checkout, a consumer-facing Quote Builder, and a regulatory compliance add-on; distribution is via Hosted Decision Engine, direct API, or white-label journeys integrated into dealer websites and showroom systems.
The underlying technology is an automated decision engine powered by a proprietary Machine Learning Potential To Accept (PTA) score that predicts acceptance or decline for each credit application and reportedly achieved greater than 90% accuracy in a proof of concept with a major UK bank. The platform supports both first-time borrowers (via simple contact form and identity verification through Apple/Google sign-in, Face ID, or Touch ID) and returning borrowers (one-click re-authentication across any Fastcheck retailer), and embeds automated Consumer Duty compliance checks throughout the journey. Fastcheck has completed the FCA Regulatory Sandbox programme, is a member of the Centre of Finance Innovation and Technology, and has won industry awards including Gamechanger (2024), Digital Innovation of the Year (2024), and the AFC Rate For Risk Innovation (2021).
The business monetises via commission from lending partners on funded loans originated through the platform; the service is free to consumers. Go-to-market combines an API-first product motion with enterprise field sales (demos booked via Calendly) and a two-sided channel of car dealerships (retailer integrations) and lenders (network participants). The firm employs approximately 22 people, operates exclusively in the UK market, and was founded by Amar Rana, who conceived the product after personally experiencing the friction of car finance applications.
Fastcheck firmographics
Firmographics- Name
- Fastcheck
- Legal name
- CrediCar Limited
- Website
- https://fastcheck.co.uk
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Fastcheck is a Birmingham-based FCA-authorised credit broker whose real-time pre-qualification platform uses soft credit searches and a proprietary ML PTA score to connect UK car dealerships, lenders, and consumers for instant vehicle financing decisions.
- Ownership category
- akta.pro rank
Fastcheck industry classification
Industry- Product category
- Automotive Finance Technology
- NAICS
- Mortgage and Nonmortgage Loan Brokers (522310), Activities Related to Credit Intermediation (5223), Other Activities Related to Credit Intermediation (522390)
- SIC
- Loan Brokers (6163)
- akta.pro primary industry
- Auto / Vehicle Marketplace Lending (FSAKAHAF)
- akta.pro secondary industries
- BNPL Underwriting & Credit Decisioning Platforms (FSAGAIAD), Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking) (FSAGAHAC)
Keywords
Where Fastcheck is headquartered
LocationHeadquarters
- HQ city
- Birmingham
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Fastcheck business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Commission from Lenders: Fastcheck receives a fee from lending partners who provide financing to customers. There is no charge to consumers for conducting eligibility checks. The company acts as a credit broker between borrowers and lenders.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
Fastcheck product offering
Product offeringCore offering
Fastcheck operates a real-time pre-qualification platform for car financing that connects car retailers, lenders, and consumers through a soft credit search and proprietary machine learning scoring model. The platform instantly matches borrowers with pre-approved loan offers from a panel of major UK lenders, enabling one-click checkout and eliminating the need for hard credit pulls during the browsing journey. It is delivered to retailers via API integration, white-label journeys, and plug-and-play options, while the company earns commission from lenders on financed applications.
Product overview
Fastcheck is a unified real-time pre-qualification platform designed specifically for car financing. The platform operates as an integrated ecosystem connecting three key stakeholders: car dealerships/retailers, lenders, and consumers. At its core, the platform provides the Soft Search Pre-Qualification Feature and Pre-Qualified Financing Solution, which instantly match borrowers with pre-approved loan offers from multiple lenders based on their credit profiles. The Quote Builder enables consumers to adjust and compare loan parameters. The One Click Checkout enables seamless completion of pre-qualified financing applications. The Regulatory Compliance Solution (add-on) ensures dealerships meet their obligations with automated compliance checks and legal documentation. The API Integration enables technical integration for retailers and lenders through Hosted Decision Engine, API, or White Label options. Fastcheck's Machine Learning-powered Potential To Accept (PTA) score underpins the entire system by predicting credit application outcomes with >90% accuracy.
Differentiator
Problem solved
Functional benefit
Products and services
- Fastcheck Pre-Qualification Platform Real-time car finance pre-qualification platform that uses soft credit searches and a machine learning Potential To Accept score to instantly match UK car buyers with pre-approved loan offers from a panel of major lenders, accessed via retailers.
- Fastcheck API Integration Plug-and-play API integration of the Fastcheck pre-qualification and decision engine, allowing car dealerships to embed financing eligibility, quote builder, one-click checkout, and regulatory compliance workflows directly into their websites and showroom systems.
Quantifiable outcome
- 56% of borrowers abandon online finance applications; 30% of revenues lost annually due to financing process inefficiencies
- +1 more outcomes
Companies that use Fastcheck
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
Fastcheck technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability3 records
Feature6 records
Fastcheck partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core.
- Zopa BankcoreZopa Bank is a lender on the Fastcheck network providing pre-qualified loan offers to car buyers. Listed among trusted partners on Fastcheck's homepage.
- Santander UKcoreSantander UK is a major lender on the Fastcheck network providing pre-qualified loan offers to car buyers. Listed among trusted lender partners.
- BNP Paribas Personal Finance UKcoreBNP Paribas Personal Finance UK is a lender on the Fastcheck network. Listed among trusted lender partners on the Fastcheck platform.
- Black Horse (Metro Bank)coreBlack Horse (part of Metro Bank) is a lender on the Fastcheck network providing vehicle financing. Listed among trusted lender partners.
- Northridge FinancecoreNorthridge Finance is a lender on the Fastcheck network providing pre-qualified loan offers. Listed among trusted lender partners.
- Advantage FinancecoreAdvantage Finance is an automotive lender on the Fastcheck network. Listed among trusted lender partners on the platform.
- First Response FinancecoreFirst Response Finance is a lender on the Fastcheck network. Listed among trusted lender partners providing pre-qualified financing.
- Oodle FinancecoreOodle Finance is a lender on the Fastcheck network providing pre-qualified loan offers. Listed among trusted lender partners.
- Centre of Finance Innovation and TechnologycoreFastcheck is a member company in the Centre of Finance Innovation and Technology, driving the future of open finance. Participated in FCA Financial Inclusion Techsprint.
Scale indicators5 records
Recent moves6 records
Expansion highlights2 records
Fastcheck competitors and assessment
Company assessmentBroad incumbents
- Carwow: UK car marketplace that has expanded into finance offerings; a broader incumbent with dealer and consumer traffic that could integrate pre-qualification natively.
- Moneysupermarket Group: Public UK price comparison platform covering car finance alongside other credit products; broad incumbent with consumer traffic and lender relationships.
- Auto Trader: UK's largest automotive marketplace with existing finance integrations on listings; a strategic adjacent platform that could embed competing pre-qualification.
Emerging players
- Zopa: Digital bank and consumer lender that is both a partner on Fastcheck's network and a potential competitor building its own vehicle finance origination.
- ClearScore: UK credit-scoring and marketplace platform using soft-search eligibility checks; comparable technology approach and lender marketplace model.
Direct peers
- Moneybarn: UK specialist vehicle finance lender focused on non-prime borrowers; overlaps with Fastcheck's lender panel and end customer base.
- Carfinance 247: Established UK car finance broker with a multi-lender panel and online application journey; competes for the same borrowers and dealer relationships as Fastcheck.
- Zuto: UK car finance broker connecting borrowers with multiple lenders; directly comparable to Fastcheck's credit-broking marketplace model for vehicle financing.
- Oodle Finance: UK car finance lender already on Fastcheck's network; a direct peer serving the same dealer and consumer financing flow.
Others
- Wayleadr: UK fintech in adjacent vehicle/subscription space; thematically related as an emerging player in automotive financial services technology.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Fastcheck social profiles
Digital presenceFastcheck compliance and trust
Trust signalCompliance8 records
Fastcheck financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fastcheck leadership team
Management profileNumber of profiles
Profiles1 record
Fastcheck funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fastcheck M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fastcheck
What does Fastcheck do?
Fastcheck operates a real-time pre-qualification platform for car financing that connects car retailers, lenders, and consumers through a soft credit search and proprietary machine learning scoring model. The platform instantly matches borrowers with pre-approved loan offers from a panel of major UK lenders, enabling one-click checkout and eliminating the need for hard credit pulls during the browsing journey. It is delivered to retailers via API integration, white-label journeys, and plug-and-play options, while the company earns commission from lenders on financed applications.
Is Fastcheck a public or private company?
Fastcheck is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Fastcheck founded?
Fastcheck was founded in -1. It employs 11 to 50 people.
Where is Fastcheck based?
Fastcheck is headquartered in Birmingham, United Kingdom, in the Europe region.
How does Fastcheck make money?
One revenue line is on record: commission from Lenders.
Who are Fastcheck's main competitors?
Broad incumbents on record are Carwow, Moneysupermarket Group and Auto Trader. Emerging players are Zopa and ClearScore. Direct peers are Moneybarn, Carfinance 247, Zuto and Oodle Finance. Wayleadr is listed as an others.
Does Fastcheck have an API?
Yes. Fastcheck offers API integration options for car dealerships to provide customers with instant pre-qualified loan offers. Integration options include: (1) Hosted Decision Engine - lenders can host their underwriting criteria on Fastcheck's platform for seamless operation; (2) API Integration - connects via API for real-time soft search decisions; (3) Blended Approach - combination of hosted and API solutions for maximum flexibility. The API enables retailers to integrate Fastcheck functionality into their existing website or showroom systems, allowing consumers to receive multiple pre-qualified loan offers from the lending panel.
What industry is Fastcheck in?
Fastcheck's product category is Automotive Finance Technology. Its primary akta.pro industry code is FSAKAHAF, Auto / Vehicle Marketplace Lending, with a secondary code of FSAGAIAD, BNPL Underwriting & Credit Decisioning Platforms. Its NAICS code is 522310 and its SIC code is 6163.