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Investment: Talaty raises funds from Witamax and Renew Capital to develop its lending platform

24/12/2024
Source : ORISHAS FINANCE
Categories: Sectors

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The Moroccan fintech startup, founded Talaty in 2022, raised funds from Witamax and Renew Capital. Its objective is to develop its AI-driven lending platform

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Talaty's investment is planned to support the company's growth in Morocco and the exploration of opportunities in neighboring markets. This Moroccan fintech startup style="font-family: "Bookman Old Style”, serif">provides instant lending solutions to financial institutions, using advanced AI technologies and behavioral finance knowledge to streamline & credit evaluations. Its vision is to reduce operational costs and failure rates by up to 90%, by filling critical gaps in small business financing. According to Hiba Mrani Alaoui, managing partner at Witamax, “this investment marks an important step in scaling AI-driven financing solutions across Morocco and French-speaking Africa, by empowering local businesses and

promoting financial inclusion.
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