For Vehicle Finance Companies & Floorplan Lenders

Real-time visibility of every vehicle you fund.

Traknova gives vehicle finance companies continuous live visibility of every funded asset, location, mileage, battery health, fault alerts and more, all without adding a single piece of hardware to the vehicle.

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Live feed · TK25 NVA

Updated 2s ago

Odometer

38,214 mi

Location

Leeds LS1

Battery

87%

Status

Moving

The Exposure

From the day you fund a vehicle, you have a legal interest in it. Here is what you cannot see.

That legal interest does not pause between audits. It runs continuously, from the moment the finance is drawn down to the moment it is settled. During that entire period, the asset can deteriorate, move, and lose value, and right now, most funders have no way of knowing until it is too late.

Risk · MileageBlind

Mileage accumulating beyond agreed limits, silently and without disclosure.

Risk · LocationBlind

Live location unknown between scheduled site checks.

Risk · EV BatteryDegrading

EV battery health degrading, directly reducing the residual value of the asset you are secured against.

Risk · Fault AlertsFiring

Fault and warning alerts, DTC, MIL and WIL signals, firing with no one notifying you.

Risk · Service IntervalsMissed

Service intervals being missed, creating asset deterioration and liability you only discover at audit.

This is not an audit problem. It is a continuous visibility problem.

The Current Toolkit

You have accurate asset pricing. You do not have a live asset feed.

What you have

Asset pricing platforms

Make, model, age, historical values. Built on declared data and market benchmarks. Genuinely useful.

What you have

Physical audits

£500–£1,500 per site visit. Dozens of sites. Cost compounds fast.

Those platforms cannot tell you where the vehicle is right now. They cannot tell you what its real odometer reads today. They cannot tell you if a warning light has been on for three weeks.

Between your asset pricing platform and your last audit is a gap that can run for weeks or months. That gap is where your exposure lives.

The Shift

The data you need has been inside your funded vehicles since 2016.

Vehicles manufactured from 2016 onwards come with telematics built in at the factory. The connectivity infrastructure, the sensors, the signals, the live data, already exists inside the asset. It has been there for nearly a decade.

Until now, nobody had built a UK-native product that unlocks that data specifically for vehicle finance companies and floorplan lenders. Traknova does not install hardware into your funded vehicles. It connects to the data that was already there.

30+ supported manufacturers

BMW Group

Mercedes-Benz

Tesla

Ford

VW Group

Stellantis

Renault

Kia

Toyota

Polestar

Volvo

+more

No hardware · No engineer visits · No disruption to the dealer or the borrower

The Data Layer

The signals that matter to your exposure, straight from the vehicle.

Traknova surfaces live vehicle data directly from the manufacturer's built-in telematics system via a single standardised connection. No hardware is added to the asset.
‍

LIVE

Service status

Flag vehicles going unserviced during the finance period. Missed service intervals affect residual value and indicate broader asset neglect.

LIVE

Fault and warning alerts

DTC, MIL and WIL signals surfaced the moment they trigger. You will know before a fault compounds into a larger loss.

LIVE

EV battery health

State of charge, remaining range and charge degradation for electric vehicles. As EV adoption grows, battery health is becoming one of the most significant drivers of residual value.

LIVE

Real mileage

Live odometer data pulled directly from the vehicle. Not a declared figure. The actual reading, updated continuously.

LIVE

Live location

Know exactly where every funded asset is, at any point during the finance period. Not where it was last week. Where it is now.

These are the most relevant signals for funders, there is more underneath, covering vehicle health, driver behaviour, EV management and security monitoring.

The Process

Three steps. No disruption to your dealers or borrowers.

You

Share your funded VINs

You provide Traknova with the VIN numbers of the vehicles in your funded portfolio. Nothing else is required at this stage.

Traknova

We connect to the vehicle

Traknova connects to each vehicle's built-in telematics via our data partner. No hardware fitted. No engineer visits. The dealer and borrower are not disrupted.

Live

You get a live dashboard

Every funded asset appears in your Traknova dashboard, updated continuously. Location, mileage, health alerts, battery status. All from day one of funding.

The Urgency

Finance is not a niche payment method anymore. It is the industry. And the exposure that comes with it is growing.

UK vehicle purchase 2005

33%

of vehicles purchased on finance

UK vehicle purchase 2025

90%

of vehicles purchased on finance

Single fraud case

£10M+

cost of ghost-car fraud, single investigated case

Nearly every vehicle on a dealer forecourt or in a customer's driveway today was funded by someone. The volume of assets sitting inside the finance system, with a lender holding legal interest, is larger than it has ever been. And the risk inside that system is proportional.

The FCA's motor finance review has made clear that the regulatory expectation on lenders is moving in one direction. Greater scrutiny. Greater accountability. Greater pressure to demonstrate that funded assets are being properly monitored throughout the finance period.

Physical audit programmes, even at £100,000 or more per year, still only give you a point-in-time snapshot of a moving problem. Continuous visibility is no longer a nice-to-have. It is becoming the baseline expectation, from regulators, from auditors, and from the market.

The funders who move first on this have a structural advantage. The ones who wait will be reacting to a problem that has already grown.

Let's Talk

If any of this reflects what you are dealing with, I would like to hear about it.

Timi A

Founder, Traknova

I am the founder of Traknova. We have spent the last year speaking with vehicle finance companies, floorplan lenders and asset pricing platforms to understand exactly where the visibility gap sits and what it costs.

If you are responsible for funded asset risk at a lender or finance company, I would like a 20-minute conversation, not to pitch you, but to understand whether what we have built is relevant to your specific situation.

20-minute callBooking open

No pitch, just a direct conversation about your funded portfolio.

Book a 20-Minute Call →