# Defacto: Financial services, Paris, France

> Defacto: Defacto is a Paris-based fintech company founded in 2021, specializing in an API-first, embedded B2B lending platform for small and medium-sized...

Source: https://millionrounds.com/startup/defacto-2 (Millionrounds; every figure on the page links to its filing or article)

France · [Financial services startup](https://millionrounds.com/companies)

# Defacto

Defacto is a Paris-based fintech company founded in 2021, specializing in an API-first, embedded B2B lending platform for small and medium-sized businesses (SMBs) across Europe.

Funding reported Last round: Series A

Financial services Paris, France

Company summary

- **Founded:** 2021 5 years old
- **Team:** 89 51 to 200 people
- **Funding reported:** 198M as listed, currency not stated
- **Last round:** Series A Nov 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Defacto has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Defacto

Defacto is a Paris-based fintech company founded in 2021, specializing in an API-first, embedded B2B lending platform for small and medium-sized businesses (SMBs) across Europe.

The company aims to provide fair and instant access to working capital, serving over 10,000 SMEs and deploying more than €1.2 billion in funds through 240,000 loans. Defacto's core offering includes an AI-native, no-code lending infrastructure that automates underwriting and servicing. Key features of the platform include instant credit approvals averaging under 27 seconds, a Lending-as-a-Service (LaaS) product for partners, and an embedded lending API for fintech and marketplace partners. The company offers tailored solutions such as Defacto Direct for direct lending, Defacto Connect for embedded lending, and Defacto Core as the underlying technology platform. Notable partners include Qonto, Malt, Pennylane, and Libeo, which utilize Defacto's API to integrate financing into their services.

## What company datasets say Defacto raised

Funding, as reported

Reported in all **198M** in the source's currency

Rounds **5**

Last round **Series A**

Last round size **17.6M**

Last round date **Nov 2023**

Investors listed **13**

## On a portfolio page

Investors who name them

- [Motier Ventures](https://millionrounds.com/fund/motier-ventures)

Each firm lists Defacto on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

automated servicing laas infrastructure open banking consumers no-code lending solutions reserve distribution bnpl api documentation api-first platform bfr lendtech fintech integrations digital credit platform information technology & services financial services

Built with from their website

Google Tag Manager Amazon CloudFront HREF Lang Google Cloud Linkedin Insight Tag Google Workspace CloudFlare Viewport Meta LinkedIn Ads Hubspot

+8 more

Webflow Hosting Apple Business Manager Google Cloud Hosting Google Meet CloudFlare CDN Twilio SendGrid Email Marketing Campaigns Google Font API Mobile Friendly

- **Sector:** Financial services
- **Industry code:** NAICS 52232, 522110, 522299, SIC 6021, 6153
- **Region:** Ile-de-France
- **Revenue:** 3M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/defacto-3d85dfc0f3)

## Financial services in France

Startups like it

- [**Morpho** Paris · founded 2021 *Raised*](https://millionrounds.com/company/morpho)
- [**Finary** Paris · founded 2020 *Raised*](https://millionrounds.com/company/finary)
- [**Spiko** Paris · founded 2023 *Raised*](https://millionrounds.com/company/spiko)
- [**RockFi** Paris · founded 2023 *Raised*](https://millionrounds.com/company/rockfi)
- [**Bitstack** Paris · founded 2021 *Raised*](https://millionrounds.com/company/bitstack)
- [**Bleckwen** Paris · founded 2018 *Raised*](https://millionrounds.com/company/bleckwen)
- [**SESAMm** Paris · founded 2014 *Raised*](https://millionrounds.com/company/sesamm)
- [**Active Asset Allocation** Nice · founded 2010 *Raised*](https://millionrounds.com/company/active-asset-allocation)

## Is this your company?

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