Car finance marketplace Zuto says its mission is to bring more transparency to the industry.
Manchester-based fintech Zuto will hire150 new team members across its Manchester and Macclesfield offices, as well as a number of remote-first positions, following a 50 per cent rise in revenues.
Zuto works as a marketplace for lenders and has over 300,000 customers. Formerly named, Car Loan 4U, when it was founded by James Wilkinson and Ryan Dignan in 2006, the company has been benefiting from something of a fintech boom in the North of England, and other regional clusters away from London.
In the first four months of 2022, Zuto says it has already hired 105 new starters.
“We want to make the car finance experience as transparent as possible for customers and we are focused on creating a great environment for employees by fostering a culture of equality and sustainability,” said James Wilkinson, CEO at Zuto.
The recruitment drive, Wilkinson says, will occur across all departments of Zuto, including sales, its contact centre as well as product development.
“In our technology division alone we have recently welcomed an intake of graduate developers and a machine learning engineer. We are now on the lookout for more like-minded individuals and people looking to make a real difference,” he added.
To date, the company has raised £17m in investment from Scottish Equity Partners.