Defacto is an API‑first B2B lending platform that offers on‑demand, short‑term financing to SMEs in France. By connecting to a business’s bank and accounting tools, it provides an instant credit limit and enables draws against invoices, purchase orders, or general cash‑flow needs with flexible repayment terms and transparent daily interest rates.
Funding
$19M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
CVFounders
Product
Problem
SMBs often face cash‑flow gaps due to delayed customer payments, inventory purchases, or supplier invoices, and traditional lenders require lengthy paperwork and fixed loan terms that do not match these short‑term needs.
Solution
Defacto is an API‑first B2B lending platform that provides on‑demand, short‑term financing to SMEs. By connecting a business’s bank and accounting tools, Defacto analyses real‑time financial data and delivers an instant credit limit within seconds. Companies can draw funds against eligible invoices, purchase orders, or general cash‑flow needs, receive the money via instant wire transfer, and repay on flexible terms up to 120 days. Pricing is a transparent, upfront daily rate with no hidden fees, and borrowers can reuse the revolving credit line as often as required. The service is delivered through a fully digital onboarding flow and can be white‑labelled for fintech partners or embedded directly via Defacto’s API.
Target Audience
Primary customers are small and medium‑size enterprises in France that need short‑term working‑capital solutions, as well as fintech platforms, accounting software providers, brokers and banks that want to embed B2B lending into their product offerings.
Features
- Real‑time eligibility check using API connections to over 20 banking, accounting and invoicing platforms, delivering a credit limit in ~27 seconds
- Multiple financing products (invoice financing, purchase‑order financing, supply‑chain financing, cash‑flow advances, corporate credit card) with repayment terms from 3 days to 6 months
- Instant wire transfers once a draw is approved, typically available within 1–2 business days
- Transparent daily interest rates (0.05‑0.08 % per day) with no fixed fees; interest billed only for the amount and duration used
- Flexible draw and repayment model: borrowers can use any portion of the approved limit, repay early at no cost, and re‑draw up to the limit
- API‑first architecture enabling white‑label and embedded financing for fintechs, brokers, accountants, and banks
- Regulatory compliance: ACPR‑licensed, PSD2‑compatible, ISO 27001‑certified, with end‑to‑end encryption and read‑only data access