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. 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 1,346
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website newday.co.uk
- Social LinkedIn Instagram
- Acquired by Cinven (Oct 2016)
- 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$43.43M (USD)
in 5 rounds
- InvestorsCVC
& 7 more
- Employee Count1,346
- Investments & Acquisitions
- Acquired by
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
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 $43.43M
- Total Rounds 5
- First Round $153.75M
(Jul 2005)
- Investors Count 6
All 5 funding rounds of NewDay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2010 | – | Series B | – | – | |
| Jun 2007 | – | Series B | – | – | |
| Mar 2006 | $43.43M | Series B | – | – | |
| Mar 2006 | $199.79M | Debt – Conventional | – | – | |
| Jul 2005 | $153.75M | Debt – Conventional | – | – |
8 investors in total: 8 institutional.
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 |
|---|---|---|---|---|
PE firm investing in the UK | – | epiris.co.uk | London, United Kingdom | |
Global investment firm focusing on credit and credit-related assets across markets. | 1993 | varde.com | Minneapolis, United States | |
Tech & offline focused PE firm | 1976 | electraequity.com | London, United Kingdom | |
Palamon Capital Partners is engaged in growth-focused investments across Europe. | 1999 | palamon.com | London, United Kingdom | |
Mezzanine financing and equity investments are provided by CVC. | 1981 | cvc.com | New York, United States | |
Private equity investments and portfolio management services are provided by Cinven across various sectors. | – | cinven.com | - | |
Wealth management, asset management, and investment banking services are offered. | 1856 | credit-suisse.com | Zurich, Switzerland | |
Global investment banking services are provided worldwide. | 1811 | rothschild.com | Paris, France |
Investor details for NewDay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of NewDay
70 people are tracked at NewDay (29 in leadership, 41 in team); the tracked headcount is 1,346.
| Name | Role | Group |
|---|---|---|
John Hourican | CEO | Leadership |
Rob Holt | Chief Executive Officer | Leadership |
Manisha Davé | Senior Talent Acquisition Partner | Leadership |
Adam Dalton | Head Of Legal, Corporate & Finance | Leadership |
Katie Piosik | Head Of Organisation Effectiveness | Leadership |
Rosanna Achilli | Head Of Internal Communications And Engagement | Leadership |
Trish Garratt Msc | Head Of Product: Spend Payments & Fraud | Leadership |
Jo Huckle-Jones | Head Of Digital People Solutions | Leadership |
David Shute | Head Of Commercial Financial Planning & Analysis | Leadership |
Paul Sheriff | Chief Financial Officer/chief Operating Officer | Leadership |
James Duddy | Head Of Product (credit Account Management) & Solutions Architecture | Leadership |
Mark Murton | Director Of Credit Management | Leadership |
James Currie | Director Of Finance And Treasury Operations | Leadership |
Rosie Wignall | Head Of Financial Accounting | Leadership |
Nicola Pallett | Head Of Digital Products & External Risk Platforms | Leadership |
Andrea B. | Head Of Financial Operations | Leadership |
Stephen Payne | Director Of Financial Control | Leadership |
Sanjay Sharma | Chief Executive Officer, Platform | Leadership |
Costi Constantinou | Head Of Operational Optimisation | Leadership |
Helen Carter | Head Of People, Leeds | Leadership |
50 more people are available in the full profile.
Complete people profiles 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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Purchase financing is enabled through a B2B2C multi-lender platform. | dekopay.com | London, United Kingdom | 2008 | Jan 2020 | $52.46M |
Complete acquisition details for NewDay
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Timeline of NewDay
6 dated milestones of NewDay across 20 years, from founding to its latest funding, stage changes and deals.
- Founded NewDay is founded.
- Funding First funding round of $153.8M.
- Funding Latest funding round, Series B,.
- Exit Acquired by Varde Partners.
- Exit Acquired by Cinven.
- Acquisition Acquires Deko.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| afterpay.com | 2014 | Melbourne, Australia | $35.37M | – | A buy now pay later service is offered by Afterpay. | |
| jaja.co.uk | 2016 | London, United Kingdom | $60.79M | 166 | Credit card issuing and processing solutions are provided. | |
| tymit.com | 2017 | London, United Kingdom | $31.12M | 27 | Provider of credit cards for point-of-sale financing | |
| keebo.com | 2019 | London, United Kingdom | $21.92M | 25 | Personal credit lines are offered via an online platform. | |
| mbna.co.uk | 1993 | Wrexham, United Kingdom | – | 466 | Co-branded credit card provider | |
| withfea.com | 2018 | London, United Kingdom | $131,095 | – | Platform providing virtual credit cards for consumers | |
| fastcoincard.com | 2020 | London, United Kingdom | – | – | Delivers SaaS-based virtual cards for comprehensive payment solutions. |
Detailed competitors of NewDay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of NewDay
The website of NewDay (newday.co.uk) receives about 58.6K visits a month.
- Monthly visits58.6K
▲ 7.1% vs previous month
Websites whose visitors overlap most with NewDay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| paradigmhousing.co.uk | 100% | – | #1,363,449 | View details | |
creditexpert.co.uk | creditexpert.co.uk | 100% | – | – | – |
| noddle.co.uk | 100% | – | – | View details | |
saynoto0870.com | saynoto0870.com | 100% | – | #931,003 | – |
fstech.co.uk | fstech.co.uk | 99% | – | #725,910 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for NewDay
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 21 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Newday
Complete news archive for NewDay
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to NewDay
10 companies that operate in the same segment as NewDay (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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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. The company's 1st funding round was a Debt – Conventional of $153.75M, raised on Jul 2005.
NewDay has 1,346 employees.
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.
NewDay operates through Newday Cards Ltd.