← State of Embedded Finance 2026

Deko

Can a multi-lender retail finance orchestration platform become the default embedded checkout finance layer for UK eCommerce merchants?

Founded2014
HQ7 Handyside Street, London, N1C 2DA, UK
IndustryFintech / Lending
The story

Founded as NewDay Technology Ltd, Deko positioned itself as the UK's original embedded finance provider for retail checkout finance. The company evolved from a single-lender referral model into a multi-lender orchestration platform, now claiming to be the UK's only multi-lender retail finance provider. Deko's fifth-generation platform introduced the Deko Wallet — a unified consumer-facing checkout layer — while expanding its lender panel to 15+ providers and deepening its integration with eCommerce platforms through its Imegamedia subsidiary. The strategic move toward platform-as-a-service (reseller/co-branded integrations) reflects a shift from direct-to-merchant to a B2B2C embedded finance distribution model.

Last 12 months
2024-01
Product timeline
2014
Incorporated as NewDay Technology Ltd in England and Wales (company number 08812602), operating as Deko.· pivot
2023
Launched fifth-generation DekoPay platform connecting merchants to 15+ UK lenders via a single multi-lender checkout integration.· lending
2024
Partnered with NewPay (flexible digital credit product) to expand the lender panel and launched Deko Wallet.· lending
Regulated entities
Data Controller (ICO registration)
UK
NewDay Technology Ltd (trading as Deko)
The stack
Lending
Pay Monthly (instalment loans, self-operated/orchestrated)Digital Credit (revolving credit account)Pay in 3 (interest-free BNPL)NewPay (flexible digital credit account)Barclays retail financeCreation (BNP Paribas) retail financeDuologi Retail FinanceFundszaIdeal4FinanceNovuna (formerly Hitachi Capital)Omni CapitalShermin FinanceV12 retail financeZopa (formerly DivideBuy)
Accounting gap: none