Defacto

Defacto is a French fintech company that provides instant, flexible financing to small and medium-sized businesses (SMBs) across Europe. Their mission is to make access to capital simple and fair for all businesses, aiming to eliminate the traditional barriers and lengthy processes associated with traditional lending. Defacto offers a variety of financing solutions, including accounts payable and receivable financing, as well as supplier discounts, all delivered through a user-friendly platform that leverages automation and AI.

Defacto's approach is centered around speed and transparency. Businesses can apply for financing in seconds, receive a decision instantly, and access funds immediately. They offer flexible payment terms, enabling companies to borrow only what they need and repay at their own pace. The company also prioritizes integration with existing financial tools and provides an easy-to-use API for fintech partners and marketplaces to seamlessly embed Defacto's lending capabilities within their own platforms.

Defacto values flexibility for both its employees and customers. The company culture prioritizes individual ownership, allowing team members to work autonomously and take risks, ultimately fostering a dynamic and collaborative environment. Additionally, their short-term financing solutions offer flexibility to businesses, allowing them to choose the amount they need, their repayment terms, and how to utilize their working capital. This focus on flexibility extends to their partner programs, offering both integrated API solutions and referral options to cater to varying business needs.

Defacto's mission is to make short-term business financing accessible and simple for all European small and medium-sized enterprises (SMEs). They believe traditional lending is overly complicated and not universally accessible, so they've created an embedded, API-first lending platform that leverages business data to fuel growth. Their technology allows SMEs to access working capital in seconds, removing administrative overhead and offering flexible, transparent terms. They are passionate about helping businesses thrive, offering an easy-to-use platform that empowers them to take control of their financial needs and unlock growth opportunities.

Defacto promotes a culture that values speed, transparency, and flexibility, reflecting its commitment to offering fast and efficient financing solutions. While serious about their work, the company emphasizes a fun and down-to-earth atmosphere, encouraging individual ownership and initiative while fostering a collaborative environment that embraces learning from both successes and failures.

Defacto's website does not mention specific initiatives or programs related to diversity, equity, and inclusion. However, their emphasis on building a "down-to-earth team with spunk and sass" suggests a commitment to fostering a fun and inclusive work environment. They highlight the importance of individual ownership and trust, implying a culture where all team members are valued and empowered to contribute their unique perspectives.