Motor finance technology specialist iVendi have made eight new appointments in just two months as part of the business’ expansion plans.

The majority of the new arrivals are in the software development department meaning that the business has more than trebled its capacity in the area during 2015.

James Tew, iVendi CEO, said: “During early 2016, we are aiming to bring a number of new products to market as well as update our existing portfolio, so it is important that we increase our development capacity in this manner.

“This year has proven to be an excellent one for the company, with significant growth achieved as a result of several major new deals. You can feel the momentum behind the business growing all the time.

“To give some idea of the progress that iVendi has made, our products are now connected to more than 6,000 dealer locations, more than treble what we had at the start of the year.”

Founded in 2009, iVendi has offices in Manchester and Abergele and products connected to more than 6,000 dealer locations in the UK.