trending Market Intelligence /marketintelligence/en/news-insights/trending/RHSxGGrm8f5PCULpB7BcMw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Report: Card company NewDay to acquire retail finance platform Deko

Blog

Fintech Intelligence Newsletter: February 2021

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcasts

StreetTalk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

Street Talk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally


Report: Card company NewDay to acquire retail finance platform Deko

U.K.-based NewDay Cards Ltd. is set to acquire retail finance platform Deko for up to £40 million, Sky News reported.

The acquisition is subject to regulatory approval.

The move represented the credit card company's intent to diversify and reduce its reliance on traditional revenue streams, the news website reported, citing insiders.

Deko, which offers loans and installment credit, will continue to run as an independent company after the acquisition.