What is the main business of New Pay?

The main business activity of New Pay focuses on other monetary intermediation.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on July 18, 2017.

Where is the headquarters located?

The headquarters is located at: ul. Mogilska 123, 31-571 Kraków.

What is the share capital?

The share capital of the company is PLN 5,000 (approx. $1,351).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2023 to December 31, 2023.

How much revenue was generated?

In 2023, the company generated total revenue of $89,622, representing an increase of 1020.9% compared to 2022.

Yes, in 2023 the company was profitable, achieving a net profit of $79,473, representing a multi-fold increase compared to 2022.

Which cost dominates operating expenses?

The largest operating cost category falls under cost of goods and materials sold. This category amounted to $1,865 in 2023, representing 66% of all operating expenses.

New Paysp. z o.o.

Other monetary intermediation

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2017-07-18

Share capital

5,000.00 PLN

Registered address

ul. Mogilska 123/71 b, 31-571 Kraków, Poland

Financials

Revenue history (in k)

Filing timeliness

No financial statement for 2024 – the filing deadline has passed. 5 of 6 financial statements were filed late (the longest delay 857 days for 2020).

2024not filed
202315/07/2025
202209/09/2024
202119/02/2024
202019/02/2024
201908/10/2020

Filed on timeDelayFiling deadline

Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2023.

Results vs industry

Revenue

This companyUSD 89.62kMedianUSD 283.18kAverageUSD 34.90m

Net profit

This companyUSD 79.47kMedianUSD 14.88kAverageUSD 6.70m

Operating costs

This companyUSD 2.81kMedianUSD 156.41kAverageUSD 19.31m

Assets

This companyUSD 37.32kMedianUSD 535.44kAverageUSD 471.18m

Industry

Authorized Representatives

Tomasz Józef Cygan – President of the Management Board

Marek Rafał Pączek – Management Board Member

Manner of representation

In the case of a one-person management board, declarations of will on behalf of the company are made by the member of the management board. In the case of a management board consisting of two or more persons, joint action by two members of the management board or by one member of the management board jointly with a commercial proxy is required to make a declaration of will on behalf of the company.

Ownership

Owner	Shares	Share value	Stake
Tomasz Józef Cyganage 43	50	$675.31	50%
Marek Rafał Pączekage 41	50	$675.31	50%

Beneficial owners

Person	Rights

Debt

No entries in the National Debtors Register (KRZ).

Public aid

4 public aid cases recorded, with a total value of $36,139.

Grant date	Purpose	Gross amount	Granting body
Jul 10, 2020	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	$31,540$31,540	Polski Fundusz Rozwoju S.A.
Jun 22, 2020	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	$1,405$1,405	Prezes Zakładu Ubezpieczeń Społecznych
May 30, 2020	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	$1,731$1,731	Prezes Zakładu Ubezpieczeń Społecznych

Regulatory authorisations

Authority	Type	Status
KNF	Consumer credit intermediary	Active

Competitors

Name	Revenue	Website
BillbirdS.A.	$20,714,489.25	billbird.pl
Giełda Dewizsp. z o.o.	$13,639,092.38	gieldadewiz.pl
Turkussp. z o.o.	$245,583.49	sapiency.io
PD Partnerssp. z o.o.	$117,157.14	pdpartners.pl
TEJA Bissp. z o.o.	$56,930.78	futeja.pl
Intax Netsp. z o.o.	$45,704.48	intax.pl
Activ Finansesp. z o.o.	$12,003.36	activ.krakow.pl
Euroclear Bank Sa/Nv (Spółka Akcyjna)Branch (foreign co.)	–	euroclear.com
REDIS.A.	–	redi-investments.pl
Kancelaria Nowe Życiesp. z o.o.	–	nowezycie.net