Defacto
Founded Year
2021Stage
Series A - II | AliveTotal Raised
$33.57MLast Raised
$10.69M | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+77 points in the past 30 days
About Defacto
Defacto is a fintech company specializing in business-to-business lending and financing solutions. The company offers instant, flexible financing options for small and medium-sized businesses to cover expenses such as stock, marketing, and business-to-business receivables, without the need for paperwork or complex setup processes. Defacto primarily serves sectors such as e-commerce, retail, and small business through its lending platform and Application Programming Interface integrations. It was founded in 2021 and is based in Paris, France.
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Defacto's Products & Differentiators
Client invoice financing
Our partners can embed in their own UX a financing feature that allows their customers to cash-in client invoices early
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Expert Collections containing Defacto
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Defacto is included in 3 Expert Collections, including Digital Lending.
Digital Lending
2,271 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
SMB Fintech
1,231 items
Fintech
13,413 items
Excludes US-based companies
Defacto Patents
Defacto has filed 2 patents.
The 3 most popular patent topics include:
- bibliographic databases and indexes
- data management
- database management systems
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
5/19/2022 | 11/28/2023 | Data management, Database management systems, Bibliographic databases and indexes, Trees (data structures), Hylinae | Grant |
Application Date | 5/19/2022 |
|---|---|
Grant Date | 11/28/2023 |
Title | |
Related Topics | Data management, Database management systems, Bibliographic databases and indexes, Trees (data structures), Hylinae |
Status | Grant |
Latest Defacto News
Oct 1, 2024
Tuesday 1 October 2024 14:38 CET | News Financing solutions provider RollingFunds has entered a collaboration with Defacto to obtain a solution to provide Buy Now, Pay Later (BNPL) services to small and medium-sized enterprises (SMEs). By teaming up with Defacto, RollingFunds has secured a solution to equip SMEs with deferred payments, with the move allowing the company to benefit from additional flexibility to deploy this type of lending solution in several sectors of the economy. RollingFunds developed an end-to-end platform that focuses on optimising the B2B purchasing experience. Also, the solution works towards simplifying the onboarding of small businesses and provides augmented access to BNPL options. Moreover, due to its integrated API approach, RollingFunds delivers retailers and ecommerce merchants access to an omnichannel service that enables their B2B customers to make instalment payments, while also guaranteeing immediate payment to the sellers. The solution, which can be configurated, is set to allow companies across various sectors, including construction and building materials, freight and logistics, agribusiness, and B2B marketplaces, to provide flexible payment terms of 30, 60, 90, or 180 days. RollingFunds and Defacto’s partnership plans When commenting on the announcement, representatives from RollingFunds underlined that the current move supports their company’s objective of assisting its existing partners' growth while attracting new ones. Also, the partnership with Defacto and securing the financing solution enables the company to address the immediate financing needs of small businesses. RollingFunds expressed its commitment to augmenting access to financing for SMEs by simplifying and accelerating the provision of funding customised to their specific needs. By providing a B2B instalment payment service, RollingFunds is set to equip businesses with instant access to liquidity that can support their growth plans and optimise cash flow management. In addition, access to company data and credit scoring enables RollingFunds to mitigate complexities and manage the entire financing cycle, which in turn allows businesses to make real-time credit decisions when a B2B customer reaches the checkout. At the time of announcement, RollingFunds already financed over EUR 120 million in B2B instalment payments for nearly 2,500 SMEs since its inception. Through this new credit solution in collaboration with Defacto, the firm plans to support more distributors in delivering this service to their professional customers. Free Headlines in your E-mail Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Defacto Frequently Asked Questions (FAQ)
When was Defacto founded?
Defacto was founded in 2021.
Where is Defacto's headquarters?
Defacto's headquarters is located at 50 rue de Rochechouart, Paris.
What is Defacto's latest funding round?
Defacto's latest funding round is Series A - II.
How much did Defacto raise?
Defacto raised a total of $33.57M.
Who are the investors of Defacto?
Investors of Defacto include Global Founders Capital, Headline, Northzone, Citi Ventures, Citibank and 9 more.
Who are Defacto's competitors?
Competitors of Defacto include Hokodo and 6 more.
What products does Defacto offer?
Defacto's products include Client invoice financing and 2 more.
Who are Defacto's customers?
Customers of Defacto include Malt and Leano.
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Compare Defacto to Competitors
Billie is a leading provider of Buy Now, Pay Later (BNPL) payment methods for the B2B sector, offering innovative digital payment services. The company's main offerings include modern checkout solutions that enable businesses to pay and get paid on their terms, with features such as upfront payment for sellers and flexible payment terms for buyers. Billie's services cater to a variety of sectors, including e-commerce, telesales, and in-person sales channels. It was founded in 2016 and is based in Berlin, Germany.
Hokodo specializes in B2B (business-to-business) payment solutions, offering a digital platform for trade credit and financing services within various industries. The company provides credit terms to businesses, enabling a frictionless checkout experience and real-time credit decision-making. Hokodo's solutions cater to sectors such as B2B marketplaces, food and beverages, agriculture, industrial supplies, construction and building materials, freight and logistics, freelance and workplace management, and corporate travel. It was founded in 2018 and is based in London, United Kingdom.
Sprinque is a B2B crossborder payments platform that specializes in facilitating global expansion for businesses. The company offers a suite of payment solutions, including the ability for business buyers to pay by invoice with net payment terms or in installments, and provides merchants with instant payment while managing credit and fraud risks. Sprinque primarily serves businesses looking to streamline their payment processes and expand their customer base internationally. It was founded in 2021 and is based in Amsterdam, Netherlands.
PenTech is a company that focuses on digital financing and corporate financing. The company offers digital factoring, digital loans, digital leasing, and supplier financing services, providing businesses with quick and flexible financing solutions. The company primarily serves the small and medium-sized enterprise sector. It was founded in 2019 and is based in Budapest, Hungary.
Mondu specializes in Buy Now, Pay Later (BNPL) solutions for B2B transactions within the financial services sector. The company offers a suite of payment solutions that allow businesses to provide their customers with various deferred payment options, including flexible payment terms, installment plans, and digital trade accounts. Mondu primarily serves the ecommerce industry, B2B marketplaces, and multichannel sales sectors. It was founded in 2021 and is based in Berlin, Germany.
Two specializes in B2B Buy Now Pay Later (BNPL) payment solutions within the e-commerce sector. The company offers services that enable merchants to provide high net term credit limits, manage credit and fraud risks, and streamline the checkout process for business customers. Two's solutions cater to various sectors including construction, wholesale, B2B marketplaces, and SaaS. Two was formerly known as Tillit. It was founded in 2020 and is based in Oslo, Norway.
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