By Powerscourt on 22/11/2021

NEWDAY RETAINS POWERSCOURT FOR CORPORATE COMMUNICATIONS BRIEF

NewDay, one of the UK’s largest providers of consumer credit, has retained Powerscourt’s Financial Services team to support its corporate communications.

The Company operates with a simple purpose of helping people move forward with credit. It serves close to five million customers across the UK with a portfolio of brands designed to meet a range of different consumer credit needs. This includes five own brands including Bip, the UK’s first cardless credit app, alongside a stable of retail and e-tail partnerships.

NewDay recently launched Newpay, an instant access digital credit account designed to help consumers spread the cost of bigger online baskets and purchases into monthly payments. Unlike many ‘Buy Now Pay Later’ providers, NewDay is regulated by the Financial Conduct Authority and uses the same standard of affordability checks as its other credit products.

Justin Griffiths, Partner at Powerscourt, commented: “We are delighted to have been appointed by NewDay, a company that is a major tech disruptor in UK financial services and a force for good in enabling responsible access to credit. We look forward to working with the NewDay team during an exciting phase of the its development.”