About Paragon Banking Group
Paragon Banking Group is a company based in Solihull (United Kingdom) founded in 1985.. The company has 1,410 employees as of September 30, 2024. Paragon Banking Group has completed 2 acquisitions, including Premier Asset Finance and Titlestone. Paragon Banking Group offers products and services including Buy-to-Let Mortgages, Commercial Loans, and Savings Products. Paragon Banking Group operates in a competitive market with competitors including Moniepoint, Newable, Togethermoney, Greensill and Close Brothers, among others.
- Headquarter Solihull, United Kingdom
- Employees 1410 as on 30 Sep, 2024
- Stage Public
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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 Paragon Banking Group Plc
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Annual Revenue
$1.68 B (USD)28.85as on Sep 30, 2024
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Net Profit
$233.04 M (USD)20.86as on Sep 30, 2024
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
1410
as on Sep 30, 2024
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Investments & Acquisitions
Premier Asset Finance
& 1 more
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IPO & Listings of Paragon Banking Group
Paragon Banking Group is a publicly listed company on the LSE with ticker symbol PAG in UK, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Paragon Banking Group
Paragon Banking Group offers a comprehensive portfolio of products and services, including Buy-to-Let Mortgages, Commercial Loans, and Savings Products. 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.
Finance for landlords in the UK private rented sector
Asset-backed loans for consumers and SMEs in various markets
Deposits to fund bank lending activities
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Leadership Team
26 people
Software Development Team
24 people
Finance and Accounting
23 people
Head Team
19 people
Senior Team
12 people
Human Resources and Administration
8 people
Operations Team
7 people
Legal and Compliance
6 people
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Funding Insights of Paragon Banking Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Post-IPO - Paragon Banking Group | Valuation |
investors |
| 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 |
Investors in Paragon Banking Group
Paragon Banking Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Liontrust. 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 |
|---|---|---|---|---|
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Funds management services are provided by Liontrust.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Paragon Banking Group
Paragon Banking Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Premier Asset Finance and Titlestone. 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 |
|---|---|---|---|---|---|
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Limited information is available on Titlestone's core activities.
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2012 | ||||
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Asset finance services are provided to UK businesses.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Paragon Banking Group
| 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 |
Paragon Banking Group Comparisons
Competitors of Paragon Banking Group
Paragon Banking Group 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 Moniepoint, Newable, Togethermoney, Greensill and Close Brothers, 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 |
Integrated financial services are provided for businesses and individuals.
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| domain | founded_year | HQ Location |
Business loans are provided to UK enterprises by Newable.
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| domain | founded_year | HQ Location |
Provider of consumer and SME loans
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| domain | founded_year | HQ Location |
Working capital loans are provided through financial market mechanisms.
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| domain | founded_year | HQ Location |
Diversified financial services are provided across multiple sectors.
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| domain | founded_year | HQ Location |
Working capital loans are provided to small and medium-sized enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Paragon Banking Group
Frequently Asked Questions about Paragon Banking Group
When was Paragon Banking Group founded?
Paragon Banking Group was founded in 1985 and raised its 1st funding round 35 years after it was founded.
Where is Paragon Banking Group located?
Paragon Banking Group is headquartered in Solihull, United Kingdom. It is registered at Solihull, West Midlands, United Kingdom.
How many employees does Paragon Banking Group have?
As of Sep 30, 2024, the latest employee count at Paragon Banking Group is 1,410.
What is the annual revenue of Paragon Banking Group?
Annual revenue of Paragon Banking Group is $1.68B as on Sep 30, 2024.
What does Paragon Banking Group do?
Paragon Banking Group was established in 1985 and is headquartered in Solihull, United Kingdom. Operations are focused on the financial sector as a non-banking financial institution, with diversified lending forming the core activity. Services encompass various lending products tailored to residential, commercial, and buy-to-let markets. The company maintains a presence primarily within the UK, supporting savers and borrowers through specialized financial solutions.
Who are the top competitors of Paragon Banking Group?
Paragon Banking Group's top competitors include Togethermoney, Moniepoint and Close Brothers.
What products or services does Paragon Banking Group offer?
Paragon Banking Group offers Buy-to-Let Mortgages, Commercial Loans, and Savings Products.
Is Paragon Banking Group publicly traded?
Yes, Paragon Banking Group is publicly traded on LSE under the ticker symbol PAG.
How many acquisitions has Paragon Banking Group made?
Paragon Banking Group has made 2 acquisitions, including Premier Asset Finance, and Titlestone.
Who are Paragon Banking Group's investors?
Paragon Banking Group has 1 investor. Key investors include Liontrust.
What is Paragon Banking Group's ticker symbol?
The ticker symbol of Paragon Banking Group is PAG on LSE.
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