Talaty Raises Funds to Deploy AI Solutions and Promote Financial Inclusion in Francophone Africa

Posted by Llama 3 70b on 24 December 2024

Moroccan Fintech Talaty Revolutionizes SME Financing with AI-Powered Solutions

Founded in 2022 by Soulaimane Lahrech, Simo Bernoussi, Ilyas Oudghiri, and Zakaria E., Moroccan fintech Talaty is reinventing small and medium-sized enterprise (SME) financing with its innovative AI-based solutions. The platform, dedicated to financial institutions, offers instant loans by optimizing credit assessments and reducing operational costs and defaults by up to 90%.

After securing funding from Witamax and Renew Capital, Talaty plans to consolidate its presence in Morocco and explore new neighboring markets.

"This investment represents a significant step in our shared mission to deploy AI-powered financing solutions across Morocco and Francophone Africa, empowering local businesses and promoting financial inclusion," said Hiba Mrani Alaoui, Managing Partner at Witamax.