About NewPay
NewPay is a company based in Bulgaria founded in 2020. It operates as a FinTech, and Commission-Based. NewPay offers products and services including Deferred Payment, Installment Plan 4, and Installment Plan 6. NewPay operates in a competitive market with competitors including Klarna, Tabby, Afterpay, Affirm and Zip, among others.
- Headquarter Bulgaria
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Ню Пей Ад
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Annual Revenue
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Net Profit
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of NewPay
NewPay offers a comprehensive portfolio of products and services, including Deferred Payment, Installment Plan 4, and Installment Plan 6. 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.
Payment is deferred for up to 30 days.
Payment is split into 4 installments without interest.
Payment is divided into 6 installments with interest.
Funding Insights of NewPay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by NewPay
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NewPay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Newpay Comparisons
Competitors of NewPay
NewPay 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 Klarna, Tabby, Afterpay, Affirm and Zip, 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 |
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| domain | founded_year | HQ Location |
Point-of-sale financing is facilitated through an online platform for purchases.
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| domain | founded_year | HQ Location |
Purchase financing solutions are offered to businesses via installment payments.
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| domain | founded_year | HQ Location |
A buy now pay later service is offered by Afterpay.
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| domain | founded_year | HQ Location |
Point-of-sale financing is facilitated via an online installment payment platform.
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| domain | founded_year | HQ Location |
Payment solutions are provided for deferred purchasing by Zip.
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| domain | founded_year | HQ Location |
Point-of-sale financing is provided for various consumer products via installments.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about NewPay
When was NewPay founded?
NewPay was founded in 2020.
Where is NewPay located?
NewPay is headquartered in Bulgaria.
What does NewPay do?
NewPay is managed as a financial service provider in Bulgaria, offering deferred payment options and installment plans for online shopping. Services are provided to allow customers to delay payments up to 30 days or split costs into 3 to 6 installments, with varying interest conditions. The platform is designed to partner with merchants, enabling flexible payment solutions across multiple retail sectors. Customer convenience and secure transactions are prioritized through online registration and verification processes.
What products or services does NewPay offer?
NewPay offers Deferred Payment, Installment Plan 4, and Installment Plan 6.