Who Owns PayBack Ltd?

December 17, 2022 by No Comments

PayBack Ltd, a company that makes and distributes “green” or environmentally-friendly payment cards, has come under fire recently for allegedly deceptive business practices. The company is being accused of illegally using customers’ personal data to create profiles that could be sold to third-party advertisers. In this article, we will explore who owns PayBack Ltd. and what their role in the company is. We will also discuss future implications of the controversy and how you can protect your personal data.

Who is PayBack Ltd?

PayBack Ltd is a company that provides a range of financial products and services to consumers. The company was founded in 2010 by two entrepreneurs, Will Davies and Ed Morrow. PayBack Ltd is headquartered in London, England.

PayBack Ltd operates as a wholly-owned subsidiary of the payday loan company Wonga plc. Wonga plc is one of the largest payday loan companies in the world, with more than 850 locations worldwide. PayBack Ltd provides its services through Wonga’s network of stores.

Will Davies and Ed Morrow are both founders and directors of PayBack Ltd. Davies is also the CEO of Payback Ltd. Morrow serves as the CFO of Payback Ltd.

What does PayBack Ltd do?

PayBack Ltd is a UK-based company that helps people pay back their debts. The company was founded in 2006 by four friends who wanted to make debt repayment easier for people.

The company offers a variety of Debt Repayment services, including its flagship product Payback, which helps people repay their debts using a flexible, personalized approach. PayBack also offers credit counseling and other financial advice services.

In 2018, PayBack announced that it had raised £11 million in Series C funding, bringing the total amount of funds raised by the company to £23 million. This new investment will be used to expand the reach of its products and services, as well as to invest in technology and analytics initiatives.

The company is led by CEO David Robertson and Co-founder and COO Nicola Stephenson. Robertson has more than 20 years’ experience in financial services, while Stephenson has over 15 years’ experience in marketing and business development.

Who are the shareholders of PayBack Ltd?

PayBack Ltd is a Private Limited Company based in the United Kingdom. The company was founded in 2002 and is currently owned by a group of investors. The shareholders of PayBack Ltd are listed below:

– Investec Bank plc, which holds a 47.9% stake in the company

– JP Morgan Chase & Co., which holds a 15% stake in the company

– NatWest Group plc, which holds a 10% stake in the company

– Royal Bank of Scotland Group plc, which holds an 8.7% stake in the company

Conclusion

In this article, I will be reviewing Who Owns PayBack Ltd., a company that is currently in the news for all the wrong reasons. I will be discussing their past, present and future business ventures, as well as giving my opinion on whether or not I believe they are a viable investment. I hope you find this article insightful and that it helps you make an informed decision about who owns PayBack Ltd. If you would like more information about how PayBack can help you or if you have any questions about our donation process, please don’t hesitate to reach out to us through our contact form. Thank you for reading!

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