Nectar - About the company
Nectar is an acquired company based in London (United Kingdom), founded in 2002 by Alex Moorhead. It operates as a Coalition rewards-based loyalty program in the United Kingdom. The company has 142 active competitors, including 10 funded and 8 that have exited. Its top competitors include companies like Bilt Rewards, Fetch and Pinata.
Company Details
Nectar is a coalition rewards-based loyalty program run by AIMIA in the U.K. It initially launched with four partner businesses, currently, claims to have over 400 companies in the network. Customers download the app, earn points by purchasing at partnered stores, keep track of point balances and redeem the same for discounts and offer across the network. Points are expired if a customer's account remains inactive for a year. Businesses can access customer data and communicate promotional content on a greater scale.
- Website
- www.nectar.com/
- Registered Address
- 33 Holborn, London, United Kingdom, EC1N 2HT
Key Metrics
Founded Year
2002
Location
London, United Kingdom
Stage
Acquired
Investors
Ranked
5th among 142 active competitors
Employee Count
236 as on Mar 31, 2022
Similar Companies
Exit Details
Acquired by Sainsbury's (Feb 01, 2018)
Legal entities associated with Nectar
Nectar is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NECTAR 360 LIMITED CIN: 4224736 , Germany, Active | May 29, 2001 | - | 236 (As on Mar 31, 2022) | |
FLATWORLD MORTGAGE SOLUTIONS LLC CIN: 6436907 , United States, Active | Jun 05, 2017 | - | - | - |
Nectar's acquisition details
Nectar got acquired by Sainsbury's on Feb 01, 2018 at an acquisition amount of $*****.
Click here to take a look at Nectar's acquisition in detail
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Nectar's funding and investors
Nectar is a funded company. Nectar has 1 institutional investor.
View details of Nectar's funding rounds and investors
Nectar's founders and board of directors
Founder? Claim ProfileThe founders of Nectar is Alex Moorhead.
Here are the details of Nectar's key team members:
- Alex Moorhead: Co-Founder of Nectar. They serve on the board of 1 company.
Nectar's Board of Directors
Nectar's board has 3 active members. James Moir is part of team and Leah Anderson and Mark Given are independent board members.Here is the list of Nectar's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
exnqxur | Team | - | Past | 7y 3m |
oomhlml | Team | - | Current | 8y 1m |
on{vvas | Team | - | Past | 8y 6m |
Independent board member | - | Current | 7y 2m | |
sft{nfc | Independent board member | - | Current | 7y 9m |
fqmqlhh | Independent board member | - | Past | 5y 2m |
nnxtskd | Independent board member | - | Past | 5y 6m |
wxydqxy | Independent board member | - | Past | 9y 6m |
cmlhiec | Independent board member | - | Past | 4y 8m |
ppneocz | Independent board member | - | Past | 3y 6m |
yz{rnid | Independent board member | - | Past | 2y 7m |
zzcgvop | Independent board member | - | Past | 1y 1m |
{vsifwf | Independent board member | - | Past | 9y 9m |
bestbzy | Independent board member | - | Past | 1y 4m |
klpfbht | Independent board member | - | Past | 8y 6m |
ivi{r{p | Independent board member | - | Past | 5y 7m |
bftvdng | Independent board member | - | Past | 5y 4m |
kefuyls | Independent board member | - | Past | 5y 1m |
xdsgsot | Independent board member | - | Past | 9y 2m |
yscwtnl | Independent board member | - | Past | 7y 4m |
rhsurce | Independent board member | - | Past | 8y 3m |
wrjaart | Independent board member | - | Past | 5y 6m |
pujwskg | Independent board member | - | Past | 1y 7m |
{ztfmuy | Independent board member | - | Past | 1y 4m |
t{abvll | Independent board member | - | Past | 8y 5m |
iptchsg | Independent board member | - | Past | 6y 7m |
View details of Nectar's Founder profiles and Board Members
Nectar's employee count trend
Nectar has 236 employees as of Mar 22. The total employee count is 3.0% lower than what it was in Mar 21. Here is Nectar's employee count trend over the years:
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Nectar's Competitors and alternates
Top competitors of Nectar include Bilt Rewards, Fetch and Pinata. Here is the list of Top 10 competitors of Nectar, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Bilt Rewards 2021, New York City (United States), Series B | SaaS-driven reward-based rental management solution for residential properties | $958M | 73/100 | |
2nd | Fetch 2013, Madison (United States), Series E | Points based loyalty platform | $583M | 68/100 | |
3rd | Pinata 2019, New York City (United States), Series A | Provider of a platform that reports rent payments to credit bureaus | $27.6M | 57/100 | |
4th | Online platform offering reward points for multi-category products | - | - | 56/100 | |
5th | Nectar 2002, London (United Kingdom), Acquired | Coalition rewards-based loyalty program in the United Kingdom | - | 53/100 | |
6th | Card based coalition loyalty program in Australia | - | - | 53/100 | |
7th | Provider of a coalition loyalty platform | $7.91M | 50/100 | ||
8th | Brazil-based coalition loyalty program | - | 49/100 | ||
9th | MultiPlus Card 2010, Zagreb (Croatia), Unfunded | Pure-play Croatia-based coalition loyalty program | - | - | 47/100 |
10th | Points-based coalition loyalty program | - | - | 46/100 |
Looking for more details on Nectar's competitors? Click here to see the top ones
Nectar's Investments and acquisitions
Nectar has made no investments or acquisitions yet.
Reports related to Nectar
Here is the latest report on Nectar's sector:
News related to Nectar
Media has covered Nectar for a total of 4 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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Nectar Expands Genesys Cloud Observability with New Operational Intelligence CapabilitiesPR Newswire•Jun 22, 2026•Nectar
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Nectar and Merlin Entertainment Partner for Consumer Savings on Days OutRetail Gazette•May 13, 2026•Merlin Entertainments, Nectar
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Nektar Therapeutics Sued for Securities Law ViolationsPR Newswire•Mar 20, 2026•Nektar, Rosenlegal, Nectar, DJS Law Group and 1 other
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Energage and Nectar Will Recognize the 2024 Top Workplaces for AppreciationBusiness Wire•Jul 25, 2024•Energage, Nectar, Nectar HR
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Necture secures 7 million euros for electrification of vehicle fleetsStartbase•Mar 13, 2024•Necture, Verbundx, Speedinvest, Smartworks Innovation and 5 others
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