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Gumtree

“Can a legacy local classifieds brand be re-platformed into a modern transactional recommerce marketplace with embedded payments and buyer protection?”

Founded2000
HQLondon, United Kingdom
FoundersMichael Pennington, Simon Crookall
IndustryMarketplace / Two-sided
The story

Gumtree started in 2000 as a London community classifieds site aimed at antipodean expats and grew into one of the UK's largest local classifieds platforms. Now owned by o3 Industries and Novum Capital, it is pivoting from a pure listings business toward a modern transactional marketplace, with the 2025 launch of Gumtree Pay (Adyen-powered) in Australia marking its first serious move into embedded payments and buyer protection.

Last 12 months
2025-09
2025
Product timeline
2000
Founded in London as a local classifieds and community site for Australians, New Zealanders and South Africans arriving in the UK.· launch
2025
Launched Gumtree Pay in Australia, an integrated payments system powered by Adyen, replacing PayPal as the primary payment integration.· payments
The stack
1 layer disclosed in Gumtree’s embedded-finance stack
Payments / PSP
AdyenMangopay
Accounting gap: minor

Gumtree — frequently asked

Who is Gumtree's payment processor?

Gumtree processes payments through Adyen and Mangopay.

Who founded Gumtree?

Gumtree was founded by Michael Pennington and Simon Crookall and is founded in 2000, headquartered in London, United Kingdom.

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