Built for builders not bankers.
Defacto provides transparent and instant financing to small and medium-sized enterprises (SMEs). This solution, which uses an API, integrates directly with marketplace tools, e-commerce platforms and others.
Defacto, the instant, embedded B2B lending platform, has raised an additional €10 million from new investor Citi Ventures and existing investors.
Enterprise fintech VC deal activity saw a slight uptick in Q3. Deal value rose from $3.9 billion in Q2 to $4.1 billion: Pitchbook.
Keeping up with expenses can be difficult for small- and medium-sized businesses, which may not always have cash on hand or ready access to capital. …