For more than 35 years, leaders in automotive finance and leasing trust us to turn complexity into confidence. Discover more about the SOFICO story.
The start of the story
1988 – SOFICO is founded in Ghent, Belgium.
Early 1990s – First customer implementations of “Leasebase” begin, focusing on automotive finance and leasing companies.
1990s – Expansion across Europe with major clients in Belgium, the Netherlands, and France. Miles development (project ‘basecamp’) started in 1999, with a first implementation taking place in 2004 at Auto Interleasing CH.
Global expansion
2002 – SOFICO opens its first non-European office in Australia, supporting the Asia-Pacific market. 52 people worked at SOFICO at the time.
2010s – Further international expansion, including new offices in Japan, the UK, Germany, and Mexico.
2020 – Apheon joins as a private investor, supporting SOFICO’s growth ambitions.
Further growth
2023 – Astorg invests in SOFICO, further strengthening capital and international expansion.
2024 – Strong product focus on supporting direct sales built on the cloud native SOFICO Miles Enterprise architecture, aimed at enhancing operational efficiency by providing real-time visibility into every customer interaction.
2025 – SOFICO welcomes new leadership, with Wim De Bruyne as CEO and Clive Brett as CTO. Acquisition of UBench, damage and claims management solution, adding digital and mobility solutions expertise.
SOFICO’s future
Today, SOFICO Miles Enterprise supports a wide range of business models, from financial fleet management to managed services. While its core strength lies in cars and light commercial vehicles, the platform increasingly supports adjacent domains such as commercial vehicles—including trucks and buses—as well as broader asset management use cases like forklifts and e-bikes.
Looking ahead, the focus is on redefining efficiency at scale. By optimizing platform total cost of ownership, accelerating time-to-value, and enabling highly scalable operations, SOFICO helps customers achieve contract-to-staff ratios of 500 to 2,000, depending on the business line.
This progress builds on continuous investment in automation and integration, complemented by the introduction of agentic AI. These capabilities enable smarter operations and create added value across every stage of the contract lifecycle.
Beyond its role as a mission-critical platform for automotive finance and vehicle leasing companies, SOFICO is strengthening partnerships across the industry. The 2025 acquisition of UBench, including UBClaims for damage and claims management, is part of this broader ecosystem strategy.
