In less than four years, Defacto has funded more than one billion euros from 17,000 European SMEs. The Parisian fintech is based on a fully reconstructed credit infrastructure, boosted with artificial intelligence, which allows it to promise a funding in less than 30 seconds. Its ambition is to fill the deficit in access to short -term credit of SMEs, an estimated market at 3.2 euros of euros in Europe, less than half of which is now sent by banks.
To talk about it, we now receive Jordane Giuly, CEO of Defacto:
The strategy is based on two levers, first of all, an integration “API First” which allows Defacto to distribute its solutions via partners such as Qonto, Malt, Pennylane or Libeo, this indirect channel already represents 60 % of its activity, then, a full-stack approach: internal scoring based on open banking, Bachelor of ACPR, House and structured refinancing via securitization funds. The startup thus claims the ability to lend in real time, with an automated experience without intermediaries.
Artificial intelligence occupies a central place in this model. Defacto uses major language models (OpenAi, Mistral, Anthropic) to categorize transactions, extract data from the documents transmitted by customers and make credit decision -making. The objective is to build a credit institution capable of operating without back or middle office, while guaranteeing compliance with the future AI Act European.
With this new financing of 16 million euros, the Fintech intends to accelerate its European deployment and open its platform to banks, factors and credit insurers. It also has an envelope of 300 million euros to finance its loans, supported by Citibank and Viola Credit. By 2026, Defacto targets profitability, a step deemed essential to convince financial establishments to adopt its infrastructure. Its three -year objective is to reach 10 billion euros funded and establish itself as an essential brick of the European ecosystem of short -term financing.
Founded in 2021 by Jordane Giuly and his associates, Defacto has around thirty employees. This fundraising of 16 million euros, marks a new stage in the construction of its platform, in a context where the compulsory electronic invoicing from 2026 and the generalization of open banking redesign the conditions of access to credit in Europe. The startup has since created 44 million euros for its development.
