Vicki Scheele   3rd Jul 2017

New CEO joins Deko

Retail finance technology provider Deko today announced the appointment of new CEO, Peter Mansfield. Peter was previously Managing Director at Callcredit and has held leadership and advisory roles at Zoek and Sagacity. His experience in shaping strategy, growing businesses and working with a variety of fintech organisations makes him perfect to take Deko on the next stage of its journey.

Peter, who starts in his new role today, said ‘I am delighted to be joining Deko at this exciting time. It’s an incredible company which has already achieved so much and I look forward to leading the business towards achieving its ambitions. In my experience of Deko so far I have been struck by the positive culture and commitment of the team, who are totally focused on the customer. I see incredible growth potential which, with our industry leading technology, we’re perfectly placed to capitalise on.”

Outgoing CEO Scott Law founded the business (previously known as Pay4Later) and has been in the role for 9 years. Scott now steps back to allow Peter to grow the company to the next level. Scott becomes a Non-Executive Director and remains a shareholder in the business.

Deko has been at the forefront of innovation in retail finance for almost a decade. A customer-centric approach and a passion for conversion make the technology the best and easiest way for a retailer to help customers spread the cost of their purchases. Deko is trusted by brands including Samsung, Machine Mart and MYA Cosmetic Surgery because of its proven ability to improve sales conversion, increase average order value and give the best customer experience.

Deko has many industry-firsts including digital credit origination for instalment loans and credit cards, the ability to cascade loan applications to multiple lenders in seconds, end-to-end phone applications, rent deposit financing and digital signatures. The company has been named as one of the most disruptive technologies in retail and has been the first to bring retail finance to new sectors such as property, travel and healthcare. The company will continue to innovate and expand to allow more and more people to spread the cost of the important things in life.