Ryan FowlerPeter Vardy (pictured) has launched a new technology and investment business, Peter Vardy Global, focused on the future of mobility, automotive SaaS, and fintech.
The move follows the entrepreneur’s decision to sell most of his retail operations in 2024, with the group now redeploying its resources into growth sectors.
The new venture builds on a two-decade track record in automotive retail, mobility and finance, during which the group generated close to £200m in enterprise value and donated nearly £15m to charitable causes.
“After selling most of our retail operations in 2024, we’ve retained our Porsche Centres and are redeploying our capital, energy and talent into building and investing in world-class ventures,” said Peter Vardy, CEO. “We’re leaning into the future by backing innovation that improves lives and rethinking how value is created.”
The group’s structure includes ventures such as CarMoney, an international car finance platform, and FlexAuto, a flexible leasing provider.
It also manages Peter Vardy Global Ventures, a portfolio of 11 early-stage investments focused on technology-led transformation across transport, finance, and vehicle systems.
“Our success has always come from building businesses early, from scratch or via acquisition,” said Vardy. “Backing people with vision, supported by a committed team, has proved incredibly powerful. We’re taking that playbook global.”
Peter Vardy Global also maintains a philanthropic mission through The Peter Vardy Foundation. Its Gen+ initiative has supported more than 40,000 young people in Scotland to develop essential ‘Meta Skills’ that underpin success in a changing world.
“We want to build great businesses and contribute to building better futures. For us, those two goals are connected,” said Vardy.
Looking ahead, the group aims to expand both its commercial and social impact. “The last 20 years were about building value and contributing to society,” said Vardy. “The next 20 will be about doing both, just faster, further and with even more purpose.”
