Provident Financial

Bradford, United Kingdom Founded: 1880 • Age: 146 yrs Acquired By NSF
Credit brokering services are provided to UK consumers.
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About Provident Financial

Provident Financial is a company based in Bradford (United Kingdom) founded in 1880 was acquired by NSF in February 2019.. Provident Financial has completed 1 acquisition, including Moneybarn. Provident Financial operates in a competitive market with competitors including Wintrust, Choice, Northern Trust, Lendmark Financial and Nicholas Financial, among others.

  • Headquarter Bradford, United Kingdom
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Vanquis Banking Group Plc.
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $594.58 M (USD)
    0
    as on Dec 31, 2022
  • Net Profit
    $101.8 M (USD)
    -39
    as on Dec 31, 2022
  • EBITDA
    $136.18 M (USD)
    -23
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    NSF

    (Feb 01, 2019)

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People of Provident Financial
Headcount 1000-5000
Employee Profiles 30
Employee Profiles
People
James Wilson
Head Of Enterprise Risk
People
Aleksandr Bedereu
Group Technical Reporting Manager
People
Liz Smith
Senior Operations Manager
People
Tashema Jackson
Commercial Development Manager

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Funding Insights of Provident Financial

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 Provident Financial

Provident Financial has secured backing from 1 investor. Prominent investors backing the company include NSF. 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.

All
Investor Description Founded Year Domain Location
-
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 Provident Financial

Provident Financial has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Moneybarn. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Direct automobile loans are offered in the UK by Moneybarn.
1992
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 - Provident Financial

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Provident Financial Comparisons

Employees
+
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Competitors of Provident Financial

Provident Financial 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 Wintrust, Choice, Northern Trust, Lendmark Financial and Nicholas Financial, 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
Bank offering diversified financial services
domain founded_year HQ Location
A full-service stockbroker offering diverse investment options in India.
domain founded_year HQ Location
Financial and wealth management services are provided worldwide.
domain founded_year HQ Location
Auto and personal loans are provided to customers nationwide.
domain founded_year HQ Location
Consumer loans provider
domain founded_year HQ Location
Commercial aircraft and equipment leasing and lending services are provided.
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 Provident Financial

Frequently Asked Questions about Provident Financial

When was Provident Financial founded?

Provident Financial was founded in 1880.

Where is Provident Financial located?

Provident Financial is headquartered in Bradford, United Kingdom. It is registered at Bradford, West Yorkshire, United Kingdom.

What is the annual revenue of Provident Financial?

Annual revenue of Provident Financial is $594.58M as on Dec 31, 2022.

What does Provident Financial do?

Provident Financial was established in 1880 and is headquartered in Bradford, United Kingdom. Operations focus on the financial services sector, where credit brokering is conducted to connect consumers with lending options. Services include arranging personal loans and credit facilities through partnerships with lenders. The company maintains its domain at providentfinancial.com and serves primarily the UK market, adhering to regulatory standards in consumer finance.

Who are the top competitors of Provident Financial?

Provident Financial's top competitors include Wintrust, Choice and Lendmark Financial.

How many acquisitions has Provident Financial made?

Provident Financial has made 1 acquisition, including Moneybarn.

Who are Provident Financial's investors?

Provident Financial has 1 investor. Key investors include NSF.

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