We’re thrilled to share a case study of Defacto, one of the fastest-growing players in the embedded finance space. The Paris-based company helps SMEs cover all kinds of short-term financing needs. They recently announced a €10m Series A funding. Defacto sought to streamline compliance operations and lower operating costs. Upholding its commitment to user experience was also important. The solution was found through collaboration with Dotfile which provided a comprehensive yet flexible solution supporting both present and future compliance needs.
Defacto is an embedded B2B lending platform that provides a suite of flexible financing solutions to SMEs. It helps to cover all kinds of short-term financing needs including invoicing, inventory, BNPL, and more. Loans are distributed through an API-first product that integrates with marketplaces, fintechs, and other B2B tools. It's also available through its own web application. With the market expansion plans, fuelled by the recent funding, Defacto needed a future-proof solution. They aim to scale operations and maintain the highest compliance with AML/CFT standards. At the same time, they focus on providing a stellar user experience.
Defacto’s rapid growth and international expansion plans required an end-to-end solution. The bespoke solution should support all their present and future compliance needs, with the flexibility to accommodate a variety of scenarios. The company didn't want the hassle of dealing with a disparate set of vendors.
The partnership between Defacto and Dotfile is based on mutual trust and shared objectives. Here’s why Dotfile became a strategic partner:
The collaboration between Defacto and Dotfile produced remarkable results, including:
Through the implementation of Dotfile’s end-to-end solution, Defacto was able to scale its operations, uphold its unwavering commitment to compliance, and lower operating costs while ensuring the best experience for its customers. This collaboration allows the flexibility to accommodate a variety of scenarios. This is especially important while expanding into new markets. Partnering with Dotfile allowed Defacto to benefit from a modern and user-friendly solution that helps streamline compliance and scale its operations. Download the full case study.