A private briefing from NewPath, a company building the dominant marketplace for refurbished smartphones in underserved markets, combined with patented instalment finance technology.
A refurbished phone marketplace for underserved markets, combined with patented instalment finance technology
Founder and CEO of NewPath. Previously bootstrapped Send SMS growing it to over 4 million users and bootsrapped a business selling sports image rights for 4 of the top 6 premier league football clubs and several of the world’s most famous sportsmen. Studied Politics, Philosophy and Economics at Oxford University.
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New Path
Alasdair Chesney
A refurbished phone marketplace for underserved markets, combined with patented instalment finance technology
NewPath is building the dominant marketplace for refurbished smartphones in underserved markets, combined with patented instalment finance technology. NewPath grew it's net revenue 8x in 2021 to a £6 million net revenue run rate in Q4 ‘21 and is backed by a number of leading UK VC firms such as Downing Ventures. NewPath's patented software can gradaully reduce the functionality of a smartphone if a customer doesn't pay on time making it less risky to provide handset financing in emerging and middle income countries. NewPath's management team have significant sector experience, including their CTO Tom Campbell who was previously CTO of the Caudwell Group / Phones4U.
