Moroccan fintech startup Talaty, which claims to be redefining financing for small and medium-sized businesses (SMBs) with its innovative AI-driven solutions, has secured an undisclosed amount of funding to expand at home and abroad.
Founded in 2022 by Soulaimane Lahrech, Simo Bernoussi, Ilyas Oudghiri and Zakaria E., Talaty offers a cutting-edge platform designed to provide instant lending solutions to financial institutions.
By integrating advanced AI technologies with behavioural finance insights, the company aims to streamline credit assessments, reducing operational costs and default rates by up to 90 per cent.
It has now secured funding from Witamax and Renew Capital, which it will use to deepen its footprint in Morocco while exploring opportunities to expand into neighboring markets.
“This investment marks a significant step in our shared mission to scale AI-driven financing solutions across Morocco and Francophone Africa empowering local businesses and driving financial inclusion. We’re thrilled to partner with Talaty and their captains Soulaimane Lahrech Simo Bernoussi to support their journey as they expand and enhance access to credit for the underserved,” said Hiba Mrani Alaoui, managing partner at Witamax.
