Deko

London, United Kingdom Founded: 2008 • Age: 18 yrs Acquired By NewDay
Purchase financing is enabled through a B2B2C multi-lender platform.
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About Deko

Deko is a company based in London (United Kingdom) founded in 2008 was acquired by NewDay in January 2020.. The company has 48 employees as of December 31, 2021. Deko has completed 1 acquisition, including Imegamedia. Deko offers products and services including Pay Monthly, Digital Credit, and Pay in 3. Deko operates in a competitive market with competitors including Klarna, Afterpay, Zilch, Laybuy and DivideBuy, among others.

  • Headquarter London, United Kingdom
  • Employees 48 as on 31 Dec, 2021
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Pay4later Limited
  • Date of Incorporation 06 Dec, 2007
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    48

    as on Dec 31, 2021

  • Investments & Acquisitions
  • Acquired by
    NewDay

    (Jan 09, 2020)

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Products & Services of Deko

Deko offers a comprehensive portfolio of products and services, including Pay Monthly, Digital Credit, and Pay in 3. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Flexible monthly payments for retail purchases across various baskets

Digital account for managing repeat retail spending and payments

Interest-free option to split purchase costs into three equal payments

People of Deko
Headcount 50-200
Employee Profiles 20
Employee Profiles
People
Kiruthika G.
Head Of Quality Assurance
People
Stelios Kostoglou
Senior Software Engineer
People
Michael Dawson
Chief Executive
People
Julie Carlile
Head of Operations

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Funding Insights of Deko

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Deko

Deko has secured backing from 1 investor. Prominent investors backing the company include NewDay. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Consumer credit financial services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Deko

Deko has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Imegamedia. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Retail finance integration solutions are provided for eCommerce platforms.
2006
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Deko

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Deko Comparisons

Employees
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Competitors of Deko

Deko operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Klarna, Afterpay, Zilch, Laybuy and DivideBuy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Point-of-sale financing is facilitated through an online platform for purchases.
domain founded_year HQ Location
A buy now pay later service is offered by Afterpay.
domain founded_year HQ Location
Direct-to-consumer ad-subsidised payments network
domain founded_year HQ Location
App-based platform for point of sale financing
domain founded_year HQ Location
Interest-free credit is offered for consumer purchases via retail partners.
domain founded_year HQ Location
POS financing solutions are offered to businesses through monthly subscriptions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Deko

Frequently Asked Questions about Deko

When was Deko founded?

Deko was founded in 2008.

Where is Deko located?

Deko is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

How many employees does Deko have?

As of Dec 31, 2021, the latest employee count at Deko is 48.

What does Deko do?

Founded in 2008 in London, United Kingdom, Deko functions as a platform in the financial services sector. Multi-lender purchase financing is provided to retailers for integration into in-store, online, or mobile app experiences. Options are extended to end-users including individuals and merchants. Co-branded credit cards are offered as an additional service, supporting B2B2C operations across various retail channels.

Who are the top competitors of Deko?

Deko's top competitors include Klarna, Afterpay and Zilch.

What products or services does Deko offer?

Deko offers Pay Monthly, Digital Credit, and Pay in 3.

How many acquisitions has Deko made?

Deko has made 1 acquisition, including Imegamedia.

Who are Deko's investors?

Deko has 1 investor. Key investors include NewDay.

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