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Deko continues development of multi-lender strategy with Snap Finance partnership

February 10, 2021 | By:

Deko has strengthened and deepened the panel of lenders within its Deko Monthly retail finance product with the integration of Snap Finance.  

Deko Monthly provides consumers with a credit offer of between £250 and £25,000, has integrated Snap into its panel of lenders.  

Where Deko Monthly is integrated into a merchant’s checkout experience, customers eligible for retail finance are delivered the best terms to suit personal circumstance, affordability and credit profile.  

Snap’s experience and expertise in the non-prime credit space will enable merchants using the Deko Monthly platform to increase conversions and provide alternative finance offers where primary lenders have been unable to say “yes”.  

According to Snap research, more than 50% of customers are approved when they apply for Snap Finance. 

Snap Finance was founded in 2012 in the US and has provided over $1.5bn in finance to consumers. In 2018 Snap expanded to the UK in an effort to fill a gap in retail finance options. 

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