Leeds, UK / Frankfurt, Germany / St Gallen, Switzerland / Bozeman, USA (July 7, 2025)
Zoot and Vanquis are proud to announce their joint win in the Best Technology Partnership (Lending & Credit) category at the 2025 Credit & Collections Technology Awards. This award recognises a strategic collaboration that brought significant innovation, speed, and control to the lending process – transforming how Vanquis serves customers in the motor finance market through its Moneybarn brand.
Vanquis, one of the UK’s leading specialist motor finance providers, partnered with Zoot to enhance agility and responsiveness. Building on Zoot’s proven track record across other areas of the Vanquis business, the joint initiative focused on delivering a fully customisable digital origination platform – streamlining operations, improving decision-making, and accelerating time to value.
Overcoming Legacy Challenges with Innovation
A Legacy technology stack limited scalability, policy agility, and data integration. Zoot’s end-to-end origination solution empowers Vanquis with full control over its credit strategies, enabling the lender to:
- Accelerate decision times: Dramatically reduce response times to brokers, improving service and satisfaction.
- Reduce costs: Simplify and internalise integration of alternative data sources, cutting vendor costs and timelines from months to days.
- Enhance identity verification: Implement advanced fraud-prevention mechanisms in weeks, not months.
- Enable business agility: Adapt policies quickly and independently, keeping pace with a dynamic lending market.
A Partnership Built on Trust and Results
Delivered on-time and on-budget, the platform was co-developed through close collaboration between Zoot and Vanquis risk, IT, and product teams. The result is a flexible, transparent solution that gives the business full oversight of the lending journey – from policy changes to technical scripts and data flows.
Steven Schools, Head of Procurement & Supplier Governance at Vanquis, praised the partnership:
“This award is a clear endorsement of our strategic partnership with Zoot. Over the past five years, we’ve built a relationship that goes beyond supplier support, it’s driven real innovation, speed, and efficiency across our lending operations. Recognition like this proves the value of investing in the right partners to power smarter, faster decisions.”
Steven Schools, Head of Procurement & Supplier Governance at Vanquis
Judges at the Credit & Collections Technology Awards noted the partnership’s measurable outcomes and scalable design, with one commenting:
“An impressive tech partnership that delivers lender control, speed, and compliance. Smart, scalable, and delivering measurable commercial results.”
Judges at the Credit & Collections Technology Awards
Half of the judges rated the partnership 9 out of 10 or higher, reflecting strong recognition across the board.
About Zoot
Zoot is a leading provider of advanced credit evaluation and decisioning technology for financial service providers worldwide. With more than three decades of experience and a secure, scalable platform, Zoot empowers lenders to streamline operations, reduce risk, and deliver exceptional customer experiences.
About Vanquis
- Vanquis is the UK’s largest specialist finance provider for financially underserved customers, serving 1.69 million people across credit cards, vehicle finance, and money management tools.
- Part of Vanquis Banking Group and listed on the London Stock Exchange, the business includes: Vanquis, offering core services including credit cards, second charge mortgages, and savings accounts, Moneybarn, experts in helping customers to access finance when they might have struggled to get approval from mainstream lenders; and Snoop, a smart money app helping individuals save up to £1,500 a year through personalised insights and spending optimisation
- Headquartered in Bradford, Vanquis is committed to financial inclusion, social mobility, and helping customers build stronger financial futures.