London, 13 July, 2015 – GBG, the global leader in identity data intelligence, and CarSpring, the recently launched revolutionary online marketplace for pre-owned cars, have partnered to provide consumers with a completely new and secure method of buying a used car. CarSpring is using GBG’s award-winning ID verification solution, ID3global, to get quick, accurate insight on both buyers and sellers – to ensure that they are who they say are.
CarSpring, a Rocket Internet company, launched in May with the aim to disrupt and transform the UK used car market before expanding across Europe this year. The service provider is unique in Europe, and offers a complete end-to-end solution when buying or selling a used car. A seller’s vehicle undergoes a +150 point check by a qualified inspector before being listed on the CarSpring site. Once purchased CarSpring deal with all the paper work, regulation and even drive the vehicle to the buyer – meaning they have complete trust in the vehicle they purchase without any of the stress or doubt that can be associated with buying second-hand.
Max Vollenbroich, Co-Founder, comments, “We set up CarSpring with the express intent to shake up the European market. One of the biggest issues people face when buying a second hand car is the peace of mind that the car they buy is as described and doesn’t have a hidden history. For motorists it’s a case of trust. We offer a trusted, reliable and durable platform for buying a second hand car.”
“It was essential that we are able to quickly, efficiently and accurately identify who are buyers and who are sellers. As such we’ve used GBG since day one”, Max continued. “We wanted to work with the best and most trusted people in the industry, and work with a company who can support us along every step of our growth as we expand into new markets in the near future.”
GBG’s ID3global platform allows CarSpring to on-board and verify new buyers and sellers in seconds via an automated electronic process. This removes the need for manual or paper-based verification methods, enabling CarSpring to host more sellers, and connect buyers, in record time.
"Buying a car with CarSpring was really easy and carefree”, said Max Watts, who just bought an Audi A3 from CarSpring. “They really took care of everything. It's much better than going to a garage where you have to deal with everything yourself.”
Glenn Porter, General Manager International Identity Verification, GBG adds, “It’s tremendously exciting to have the opportunity to help CarSpring deliver this game-changing service from the very start. We’ve worked with payleven, one of Europe’s leading mobile card payments solutions, for over two years and it’s an honour to be working with another innovative and disruptive Rocket Internet company.”
“Our identity verification software seamlessly validates more than four billion citizens across the globe. Our Matchcode360 and DecTech solutions also provide international data capture, validation and real-time credit checking whilst detecting and preventing transactional fraud.” Glenn continued. “Working in 240 countries and territories, GBG’s technology provides identity data intelligence that enables ecommerce organisations to trade internationally with confidence, ensuring the transactions being made are genuine and verified while remaining compliant.”
CarSpring (www.carspring.co.uk) is a pioneering service provider for buyers and sellers of pre-owned cars. The company matches sellers and buyers by acting as a one-stop shop guaranteeing trustworthy, convenient and fast pre-owned car dealing including thorough car inspections, financing and car delivery. Peter Baumgart and Maximilian Vollenbroich are the two co-founders behind CarSpring. The company is supported by Rocket Internet, the world’s largest Internet platform outside the US and China.
The most successful organisations recognise the value of understanding individual identities. GBG combines individual identity data with technology to provide clients with the identity data intelligence they need to make good business decisions.