DECTA Company Profile

Background

Overview

DECTA is a global payment processing company specializing in FinTech solutions, offering a comprehensive range of digital payment services tailored for merchants, banks, and payment service providers. Founded in 2015, DECTA has established itself as a leading provider of end-to-end payment infrastructure, encompassing acquiring, issuing, and processing services. The company is headquartered in London, United Kingdom, with additional offices in Riga, Latvia; Nicosia, Cyprus; and Dublin, Ireland.

Mission and Vision

DECTA's mission is to simplify complex payment processes, enabling businesses to deliver seamless payment experiences. The company's vision is to innovate and address the unique challenges of global merchants, creating accessibility and connectivity in the payments landscape.

Industry Significance

DECTA has been recognized for its significant contributions to the payment processing industry, ranking 75th among the Top 100 merchant acquirers in Europe and the UK for Mastercard and Visa card transactions.

Key Strategic Focus

Core Objectives

DECTA aims to provide bespoke-as-standard payment solutions that make payments accessible to everyone, focusing on innovation, security, and customer-centric services.

Areas of Specialization

Payment Acquiring Services: Enabling businesses to accept payments globally with seamless acquiring solutions.

BIN Sponsorship and White Label Card Issuing: Offering tailored card issuing solutions under the client's brand.

White Label Payment Gateway: Providing customizable payment gateways for various business needs.

Issuer and Acquirer Processing: Delivering efficient and secure processing for acquirers and issuers worldwide.

Digital Banking Platform: Supporting the launch of digital banks with powerful and scalable platforms.

Key Technologies Utilized

DECTA employs advanced technologies, including cloud-based solutions, to ensure scalability, security, and seamless integration into the global payments ecosystem.

Primary Markets Targeted

DECTA primarily serves merchants, fintech companies, and banks across Europe, the UK, and the Asia-Pacific region, offering solutions that cater to various industries such as retail, digital services, gaming, travel, and financial services.

Financials and Funding

Funding History

DECTA is a privately owned company and has not publicly disclosed specific details regarding its funding history or total funds raised. The company has achieved significant growth, with over 2,000 clients across 32 countries and processing close to €1 billion in transactions annually.

Recent Developments

In August 2024, DECTA appointed Scott Dawson as the Chief Executive Officer, promoting him from his previous role as Head of Sales and Strategic Partnerships. Dawson's leadership is expected to further strengthen DECTA's presence in the UK market and drive the company's strategic initiatives.

Pipeline Development

Key Pipeline Candidates

DECTA has been actively involved in strategic partnerships and product developments, including:

Partnership with Next Generation: Collaborating to launch a pan-European euro-pegged stablecoin, EURT, in compliance with MiCAR regulations.

Integration with Klarna: Providing businesses the opportunity to offer flexible payment options through Klarna's platform.

Launch of Fintech Fast Track Program: Announcing the program at the Singapore FinTech Festival 2025 to support fintech startups in the Asia-Pacific region.

Anticipated Milestones

DECTA's strategic initiatives aim to expand its market reach, enhance product offerings, and strengthen partnerships, positioning the company for continued growth and innovation in the payment processing industry.

Technological Platform and Innovation

Proprietary Technologies

DECTA develops and maintains its payment technology internally, ensuring high-quality, tailored solutions that make payments accessible to everyone.

Significant Scientific Methods

The company employs advanced technologies, including cloud-based solutions, to ensure scalability, security, and seamless integration into the global payments ecosystem.

Leadership Team

Scott Dawson – Chief Executive Officer

Scott Dawson joined DECTA in December 2022 as Head of Sales and Strategic Partnerships and was promoted to CEO in August 2024. With over 22 years of industry experience, Dawson has been instrumental in expanding DECTA's UK presence and driving strategic growth initiatives.

Anastasija Kotelnikova – Chief Financial Officer

Anastasija Kotelnikova serves as the CFO of DECTA, overseeing the company's financial operations and strategic financial planning.

Edgars Mazurs – Chief Technology Officer

Edgars Mazurs is the CTO of DECTA, responsible for leading the company's technological innovations and ensuring the robustness of its payment processing infrastructure.

Competitor Profile

Market Insights and Dynamics

The payment processing industry is characterized by rapid technological advancements, evolving regulatory landscapes, and increasing demand for seamless, secure, and innovative payment solutions. Companies like DECTA are at the forefront of this evolution, offering comprehensive services that cater to a diverse clientele.

Competitor Analysis

DECTA faces competition from various players in the payment processing sector, including:

Worldpay: A global leader in payment processing, offering secure payment solutions across multiple regions.

Sage Pay: Provides simple and secure payment services designed to accelerate business growth.

Ingenico Group: A global leader in online payment solutions, offering smart terminals, mobile solutions, and payment services.

These competitors, among others, contribute to a dynamic and competitive market landscape, driving innovation and service excellence.

Strategic Collaborations and Partnerships

DECTA has formed strategic partnerships to enhance its service offerings and expand its market reach, including:

Partnership with Entrust: Launched a payment card digitization and technical payment processing service, enabling payment card digitization, tokenization, and processing of tokenized transactions.

Integration with Klarna: Provided businesses the opportunity to offer flexible payment options through Klarna's platform.

Launch of Fintech Fast Track Program: Announced the program at the Singapore FinTech Festival 2025 to support fintech startups in the Asia-Pacific region.

Operational Insights

DECTA's strategic focus on in-house technology development, comprehensive service offerings, and global partnerships positions it as a competitive player in the payment processing industry. The company's commitment to innovation, security, and customer-centric solutions enables it to effectively address the diverse needs of its clients.

Strategic Opportunities and Future Directions

DECTA's roadmap includes continued development of its digital banking platform, expansion of payment gateway functionalities, and implementation of new alternative payment methods. The company is also focusing on expanding its in-store POS acquiring services and exploring new markets, particularly in the Asia-Pacific region.