Talaty, a Moroccan fintech startup reshaping financing for small and medium-sized businesses (SMBs) through its innovative AI-driven solutions, has secured a new round of funding to fuel its expansion both domestically and internationally.
Founded in 2022 by Soulaimane Lahrech, Simo Bernoussi, Ilyas Oudghiri, and Zakaria E., Talaty offers a state-of-the-art platform that delivers instant lending solutions for financial institutions. Leveraging advanced AI technologies and behavioral finance insights, the company aims to revolutionize credit assessments, significantly cutting operational costs and default rates by up to 90%.
The startup has received investment from Witamax and Renew Capital.
We’ve invested in Talaty, a Moroccan fintech transforming how financial institutions serve SMBs through advanced AI solutions.
Learn more: https://t.co/cZHdaoC8NH#Talaty #Fintech #SMBLoans #Morocco #Investment pic.twitter.com/5StL5Yl5Mf
— Renew Capital (@Renew_Capital) December 19, 2024
This new funding will be used to strengthen its presence in Morocco and explore opportunities in neighboring markets.
“This investment represents a crucial milestone in our mission to scale AI-driven financing solutions across Morocco and Francophone Africa. Our goal is to empower local businesses and drive financial inclusion.
We’re excited to partner with Talaty and its visionary leaders, Soulaimane Lahrech and Simo Bernoussi, to support their efforts in expanding and enhancing access to credit for underserved communities,” said Hiba Mrani Alaoui, Managing Partner at Witamax.
With this financial boost, Talaty is well-positioned to make a significant impact on the fintech landscape, bringing innovative credit solutions to SMBs and fostering economic growth in the region.
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