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
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Newday Cards Ltd
- Date of Incorporation 03 Jan, 2001
- Jurisdiction LONDON, ENGLAND
-
Annual Revenue
$516.8 M (USD)65as on Dec 31, 2021
-
Net Profit
$142.51 M (USD)3242as on Dec 31, 2021
-
EBITDA
$163.42 M (USD)23660as on Dec 31, 2021
-
Total Equity Funding
$43.43 M (USD)
in 5 rounds
-
Latest Funding Round
-
Investors
CVC
& 7 more
-
Employee Count
1346
as on Jan 31, 2022
- Investments & Acquisitions
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of NewDay
NewDay offers a comprehensive portfolio of products and services, including NewDay Platform, Aqua, marbles, and Pulse. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
Unlock access to complete
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
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
-
First Round
First Round
(27 Jul 2005)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2010 | Amount | Series B - NewDay | Valuation |
investors |
|
| Jun, 2007 | Amount | Series B - NewDay | Valuation |
investors |
|
| Mar, 2006 | Amount | Series B - NewDay | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
PE firm investing in the UK
|
Founded Year | Domain | Location | |
|
Global investment firm focusing on credit and credit-related assets across markets.
|
Founded Year | Domain | Location | |
|
Tech & offline focused PE firm
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by NewDay
NewDay has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Deko. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Purchase financing is enabled through a B2B2C multi-lender platform.
|
2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - NewDay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Newday Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A buy now pay later service is offered by Afterpay.
|
|
| domain | founded_year | HQ Location |
Credit card issuing and processing solutions are provided.
|
|
| domain | founded_year | HQ Location |
Provider of credit cards for point-of-sale financing
|
|
| domain | founded_year | HQ Location |
Personal credit lines are offered via an online platform.
|
|
| domain | founded_year | HQ Location |
Co-branded credit card provider
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Newday
Frequently Asked Questions about NewDay
When was NewDay founded?
NewDay was founded in 2000 and raised its 1st funding round 5 years after it was founded.
Where is NewDay located?
NewDay is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of NewDay?
John Hourican is the current CEO of NewDay.
Is NewDay a funded company?
NewDay is a funded company, having raised a total of $43.43M across 5 funding rounds to date. The company's 1st funding round was a Series B of $43.43M, raised on Jul 27, 2005.
How many employees does NewDay have?
As of Jan 31, 2022, the latest employee count at NewDay is 1,346.
What is the annual revenue of NewDay?
Annual revenue of NewDay is $516.8M as on Dec 31, 2021.
What does NewDay do?
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.
What products or services does NewDay offer?
NewDay offers NewDay Platform, Aqua, marbles, and Pulse.
How many acquisitions has NewDay made?
NewDay has made 1 acquisition, including Deko.
Who are NewDay's investors?
NewDay has 8 investors. Key investors include CVC, Credit Suisse, Varde Partners, Electra Private Equity, and Rothschild.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.