About NewDay
NewDay is a company based in London (United Kingdom) founded in 2000 was acquired by Cinven in October 2016. NewDay has raised $43.43 million across 5 funding rounds from investors including CVC, Credit Suisse and Varde Partners. The company has 1,346 employees as of January 31, 2022. NewDay has completed 1 acquisition, including Deko. NewDay offers products and services including NewDay Platform, Aqua, marbles, and Pulse. NewDay operates in a competitive market with competitors including Afterpay, Jaja, Tymit, KEEBO and Mbna, among others.
- Headquarter London, United Kingdom
- Employees 1346 as on 31 Jan, 2022
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
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Social
Locked
- Legal Name Newday Cards Ltd
- Date of Incorporation 03 Jan, 2001
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$516.8 M (USD)65as on Dec 31, 2021
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Net Profit
$142.51 M (USD)3242as on Dec 31, 2021
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EBITDA
$163.42 M (USD)23660as on Dec 31, 2021
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Total Equity Funding
$43.43 M (USD)
in 5 rounds
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Latest Funding Round
Not available
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Investors
CVC
& 7 more
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Employee Count
1346
as on Jan 31, 2022
- Investments & Acquisitions
- Acquired by
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Products & Services of NewDay
NewDay offers a comprehensive portfolio of products and services, including NewDay Platform, Aqua, marbles, and Pulse.
Digital platform for credit services and financial education tools
User-friendly credit card for everyday financial management
App that helps users track and improve their finances
Mobile app for monitoring and controlling credit activities
People of NewDay
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Software Development Team
21 people
Finance and Accounting
12 people
Product Management Team
8 people
Senior Team
5 people
Human Resources and Administration
5 people
Head Team
4 people
Leadership Team
4 people
Legal and Compliance
2 people
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Funding Insights of NewDay
NewDay has successfully raised a total of $43.43M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in NewDay
NewDay has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include CVC, Credit Suisse and Varde Partners.
| Investor | Description | Founded Year | Domain | Location |
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PE firm investing in the UK
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Global investment firm focusing on credit and credit-related assets across markets.
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Tech & offline focused PE firm
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Locked | Locked | Locked |
Investor details for NewDay
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Investments & Acquisitions by NewDay
NewDay has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Deko.
Investment portfolio details for NewDay
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Purchase financing is enabled through a B2B2C multi-lender platform.
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Locked | Locked | 2008 | Locked |
Complete acquisition details for NewDay
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Financial Statements - NewDay
Detailed financials for NewDay
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Newday Comparisons
Peer comparison for NewDay
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Competitors of NewDay
NewDay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Afterpay, Jaja, Tymit, KEEBO and Mbna, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
A buy now pay later service is offered by Afterpay.
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Credit card issuing and processing solutions are provided.
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Provider of credit cards for point-of-sale financing
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Personal credit lines are offered via an online platform.
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Co-branded credit card provider
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Detailed competitors of NewDay
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Latest news on Newday
Complete news archive for NewDay
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Frequently Asked Questions about NewDay
NewDay was founded in 2000 and raised its 1st funding round 5 years after it was founded.
NewDay is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
John Hourican is the current CEO of NewDay.
NewDay is a funded company, having raised a total of $43.43M across 5 funding rounds to date.
As of Jan 31, 2022, the latest employee count at NewDay is 1,346.
Annual revenue of NewDay is $516.8M as on Dec 31, 2021.
NewDay was founded in 2000 and is headquartered in London, United Kingdom. Operations focus on the consumer credit sector, divided into two segments: own-brands, where credit cards are issued to near-prime customers, and co-brands, involving partnerships with retailers like Amazon for branded credit and store cards. Services are delivered across the UK market.
NewDay offers NewDay Platform, Aqua, marbles, and Pulse.
NewDay has made 1 acquisition, including Deko.
NewDay has 8 investors. Key investors include CVC, Credit Suisse, Varde Partners, Electra Private Equity, and Rothschild.