NEOFACTO

Name

NEOFACTO

Legal name

NEOFACTO Luxembourg S.A

Website

https://neofacto.com

Company type

Private

Founded year

2000

Operating status

Acquired

Headcount range

101–250 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Esch-sur-alzette

HQ country

Luxembourg

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Custom Software Development Services: NEOFACTO provides bespoke software services to financial institutions and EU institutions. Revenue is generated through professional services engagements, staffing IT experts for client projects, and delivering tailored software solutions across web, mobile, API, AI, DevOps, and blockchain domains. The company also supports clients through the full project lifecycle from analysis to deployment and maintenance.
2. IT Staffing and Talent Placement: NEOFACTO builds and runs a network of IT experts, providing skilled professionals to clients. The company recruits and matches talent to job offers, supporting both permanent and freelance contract arrangements.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

NEOFACTO is a professional IT services firm providing custom software development across web, mobile, backend API, AI/ML, DevOps, and blockchain domains. The company delivers end-to-end software services from business analysis and UX/UI design through code, testing, deployment, and operations, primarily to financial institutions and EU institutions. In addition to project-based delivery, NEOFACTO provides IT staffing (permanent and freelance placements) and operates its own stablecoin product (Tokeur) and crypto AML spin-off (Scorechain).

Product overview

NEOFACTO is an IT services company offering professional software development services including Web Development (Angular, Vue, React), Mobile Development (Android, iOS, Xamarin, React Native), API Development (Java, Spring Boot, C#, .NET), Artificial Intelligence (Python, LangChain, LLM, RAG), DevOps (Terraform, Ansible, CI/CD, Docker), and Blockchain (Web3, Hyperledger, Hardhat, Ethers). The company also operates proprietary product lines including Tokeur (stablecoin wallet for OTC financial transactions) and has a spin-off, Scorechain (crypto compliance and AML solutions). Services are delivered to financial institutions and the European Investment Bank with operations in Luxembourg, Brussels, and Paris.

Differentiator

Problem solved

Functional benefit

Brands

• Tokeur: NEOFACTO's stablecoin project launched to revolutionize OTC transactions by making DVP automatic without back office. Tokeur is a stablecoin solution for financial operators wishing to take steps on tokenized financial instruments.

Products and services

• Web Development Services Custom web development services crafting scalable websites and complex web applications using Angular, Vue, and React frameworks. Focus on security and high-performance solutions tailored to enterprise business needs.
• Mobile Development Services Custom mobile development services for native and cross-platform applications using Android, iOS, Xamarin, and React Native. Delivers intuitive UX, lightning-fast performance, and seamless integration.
• API Development Services Design and implementation of robust APIs using Java, Spring Boot, C#, and .NET that streamline communication between applications with security, scalability, and seamless third-party integration.
• Artificial Intelligence Services AI-driven solutions leveraging Python, LangChain, LLM, and RAG for insights, automation, and predictive analytics to optimize processes and enhance decision-making for clients.
• DevOps Services Streamlined development lifecycle with CI/CD pipelines, cloud infrastructure using Terraform, Ansible, and Docker, and automation for faster deployments, improved security, and operational efficiency.
• Blockchain Services Blockchain and Web3 solutions including smart contracts and decentralized applications (DApps) using Hyperledger, Hardhat, and Ethers. Focus on transparency, security, and innovation for financial clients.
• IT Staffing and Talent Placement Recruitment and placement of IT professionals with clients, matching profiles to job requirements under both permanent and freelance contract arrangements.
• Tokeur NEOFACTO's proprietary stablecoin wallet and payment solution launched in 2019. Used as a means of payment and as an effective tool for OTC financial transactions, solving volatility and settlement problems in crypto finance. Auditable in real time via open banking protocol with full transparency of escrow accounts.
• Scorechain NEOFACTO's spin-off company offering anti-money laundering and regulatory compliance solutions for cryptocurrencies.

Quantifiable outcome

• 250+ successful projects delivered across financial services, energy, aviation, and other sectors
• +1 more outcomes

Named customers15 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature3 records

Partnerships

One partnership is on record.

• AricomacoreStrategic or Co-development Partner · 6 September 2024In September 2024, Aricoma, a Czech IT company, acquired NEOFACTO. This acquisition strengthens Aricoma's presence in Western Europe, especially in the Benelux and DACH regions, and enhances its service offerings to EU institutions and financial clients. NEOFACTO becomes part of a larger IT services group while continuing to operate as a distinct entity.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Devoteam: Paris-headquartered European IT consultancy with similar mid-sized footprint and focus on digital transformation, cloud, and custom software development for enterprise clients in financial services and other regulated sectors.
• Talan: French IT consultancy operating in Luxembourg, Brussels, and Paris with comparable headcount, offering custom software development, data, and digital transformation services to financial institutions and large enterprises.
• Aubay: French IT services firm with Benelux operations, providing custom development, integration, and consulting to banking, insurance, and industrial clients, with a similar-sized delivery model and customer mix to NEOFACTO.
• VISEO: European technology consultancy with offices in France and Benelux delivering custom software, CRM, and digital transformation services to mid-market and enterprise clients across financial services and other verticals.
• Positive Thinking Company: Benelux-based digital services boutique of comparable scale, delivering custom web, mobile, and platform development to enterprise clients with a similar tech-stack breadth and agile delivery model.

Broad incumbents

• Inetum: Larger French-headquartered IT services group with strong Benelux presence, offering custom development, consulting, and managed services to banks, public sector, and enterprise customers across similar use cases to NEOFACTO.
• Sopra Steria: Major European IT services group with deep banking and public sector footprint in France, Belgium, and Luxembourg, providing custom software, system integration, and consulting at significantly larger scale than NEOFACTO.
• Capgemini: Global IT services leader with extensive Benelux operations serving banks, insurers, and EU institutions with end-to-end digital transformation, custom development, and consulting capabilities that overlap broadly with NEOFACTO's offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCfE8cVmEl0aVK28X2Un9UNw
• LinkedInlu.linkedin.com/company/neofacto
• Xx.com/neofacto

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NEOFACTO