Reg Rix, managing director of Carfinance247, a specialist online motor finance broker, has been awarded the title of Digital Entrepreneur of the Year awards in a scheme run by business magazine EN.

Rix was presented with the award by Lord Digby Jones during a ceremony held in Cheshire.

Rix said: “Pushing the boundaries of our digital capabilities and really leading the industry with bespoke online technology has been a huge factor in Carfinance247 achieving its most successful year to date.

“I’m delighted with this title but the achievement has very much been a team effort.”

Carfinance247 achieved growth of 280% in its last financial year. The amount funded to consumers was £92.2m, an increase of 271% on the previous year.