Delfactis AG

What Delfactis AG does

Delfactis AG is a BaFin-regulated German payment institution founded in 2008 and headquartered in Starnberg, with a branch office in Düsseldorf. The company operates an integrated B2B platform across three pillars — Insurance (centralized del credere trade credit insurance), Finance (Reverse Factoring PLUS supply chain finance), and Payments (Supplier Payment Solution / SPS) — under its German Payment Services Supervision Act (ZAG) license held since 2017. Its core technology combines a multi-bank/multi-funder financing architecture, trust-account payment processing (Treuhandkonten) with German banking partners, multi-currency and multi-jurisdiction processing, and ERP interface integration, enabling buyers to extend payment terms by up to 60 days without involving suppliers while providing 100% receivables protection to suppliers.

The business model is fee-based, monetizing through service fees on bundled del credere insurance, transaction fees on reverse factoring volume (financing capacity sourced from akf bank, BNP Paribas, UniCredit, LBBW), and transaction and service fees on the BaFin-regulated SPS payment-institution offering. Pricing is quote-based and customized, with engagements beginning via a free "Quick Check" lead-capture funnel. Go-to-market is primarily direct enterprise sales to CFOs, Group Treasurers, and Heads of Finance in German Mittelstand and large international corporates, supplemented by a strategic co-selling partnership with CRX Markets and an event-led marketing motion (Finanzsymposium Mannheim, FINANCE webinars). The customer base is industry-agnostic, spanning e-commerce (Flaconi, Unite), building products (Pfleiderer), food (Schwartauer Werke, Schluckwerder), beverages (Underberg), and yacht-building (Bavaria Yachts), with growing transnational coverage.

The company is privately held, counts BayBG (Bayerische Beteiligungsgesellschaft) as a minority investor since September 2019, and reported FY2025 revenue of EUR 6.2 million (+22% YoY), with management targeting revenue doubling in 2026 driven by EU-wide expansion of the SPS offering and addition of new international banking partners.

Name

Delfactis AG

Legal name

Delfactis AG

Website

https://delfactis.de

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Delfactis AG is a BaFin-regulated German payment institution offering integrated supply chain finance, centralized del credere insurance, and a Supplier Payment Solution for mid-market and large international corporates across multiple EU jurisdictions.

Ownership category

akta.pro rank

Product category

Supply Chain Finance

NAICS

Collection Agencies (561440), Activities Related to Credit Intermediation (5223)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)

Keywords

• Supply chain finance
• Del credere insurance
• Reverse factoring
• Payment institution services
• Supplier payment solutions

Headquarters

HQ city

Starnberg

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Central Del Credere Protection Service Fees: Recurring service fees for bundling and managing 100% credit-insurance protection of supplier receivables via market-leading credit-insurance partners (e.g., Coface). Revenue generated from brokering and administering the central del credere insurance program.
2. Reverse Factoring Service Fees: Fee-based revenue from operating the centralized reverse factoring platform, intermediating between buyers, suppliers, and financing partners (akf bank, BNP Paribas, UniCredit, LBBW). Fees earned on factoring volume processed.
3. Supplier Payment Solution (SPS) / Payment Processing Fees: Transaction and service fees from the BaFin-regulated ZAG payment-institution service that settles supplier payments on behalf of buyers and extends payment terms by up to 60 days. Available in single-funder and multi-funder models.
4. Cross-Currency, Cross-Border Payment Services: Service fees on multi-currency, multi-jurisdiction payment processing introduced to support transnational customers and EU-wide expansion.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Delfactis AG operates as a BaFin-regulated ZAG payment institution providing centralized settlement, bundling 100% del credere (trade credit) insurance for supplier receivables, and offering reverse-factoring-based supply chain finance. The company launched the Supplier Payment Solution (SPS) in 2024 as a BaFin-regulated multi-bank/multi-funder payment service that grants buyers an additional payment term of up to 60 days without requiring suppliers to opt in, and processes payments across multiple currencies and jurisdictions through trust accounts held with German banking partners.

Product overview

Delfactis AG operates a single integrated B2B platform offering three core pillars — Insurance (centralized del credere trade credit insurance), Finance (Reverse Factoring PLUS for supply chain finance), and Payments (SPS, the Supplier Payment Solution jointly offered with CRX Markets in 2024). The three pillars share a common processing platform that supports secure data provisioning and ERP interfaces, and they are delivered through Delfactis's BaFin-regulated payment institution license. Strategic capacity and execution partners — including Coface and AKF Bank on the insurance side, and AKF Bank, UniCredit and BNP Paribas for financing and payment processing — complement Delfactis's own regulated offering rather than functioning as separate products.

Differentiator

Problem solved

Functional benefit

Brands

• Supplier Payment Solution (SPS): BaFin-regulated payment solution that enables buyers to improve liquidity and Working Capital KPIs through an additional payment term of up to 60 days without involving suppliers. Joint offering with CRX Markets, launched in 2024.

Products and services

• Delcredere Insurance (Insurance Pillar) Centralized del credere (trade credit) insurance that bundles 100% receivables protection for all connected suppliers via a single overall credit-insurance limit on the buyer, eliminating per-supplier credit checks and enabling efficient use of scarce trade-credit limits. Delivered on Delfactis's BaFin-regulated platform with insurance capacity from credit-insurance partners (e.g., Coface).
• Reverse Factoring PLUS (Finance Pillar) Supply chain finance solution delivered via reverse factoring that enables buyers to optimize working capital and payment terms while suppliers receive earlier payment on approved receivables, with financing capacity sourced from banking partners including AKF Bank, UniCredit, BNP Paribas, and LBBW.
• Supplier Payment Solution - SPS (Payments Pillar) BaFin-regulated payment solution launched in 2024 as a joint offering of Delfactis and CRX Markets. Uses a multi-bank/multi-funder approach to enable cooperation with the customer's existing banks, granting buyers an additional payment term of up to 60 days without involving suppliers, and supporting multi-currency, multi-jurisdiction processing.

Quantifiable outcome

• 2025 revenue of EUR 6.2 million, +22% YoY
• +4 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• CRX Marketsflagship / coreStrategic or Co-development Partner · 1 January 2024Co-development and joint offering partner for the Supplier Payment Solution (SPS). The SPS solution is explicitly described as a joint offering of Delfactis and CRX Markets. The two partners co-host workshops and joint booths at industry events (e.g., Finanzsymposium Mannheim 2024 workshop, 2025 booth #50 of CRX Markets). CRX Markets provides the financing / funder side of the multi-bank, multi-funder architecture.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• C2FO: C2FO runs a global working-capital marketplace connecting corporates and their suppliers for early-payment and SCF programs. Comparable to Delfactis on the working-capital optimization and supplier-financing side, though broader in scale and global in reach.
• Taulia: Taulia (owned by SAP) is one of the largest supply chain finance and dynamic discounting platforms serving mid-market and large corporates. It is directly comparable to Delfactis's Reverse Factoring PLUS and SPS offerings in terms of buyer-centric SCF, ERP-integration, and multi-funder architecture.
• PrimeRevenue: PrimeRevenue is a long-standing supply chain finance platform offering multi-bank, multi-currency SCF programs to large corporates. Directly comparable to Delfactis's Reverse Factoring PLUS in buyer-led SCF architecture, though typically serving larger, often multinational buyers.
• Orbian: Orbian operates a SCF platform that intermediates supply-chain finance between buyers, suppliers, and a syndicate of funding banks. Directly comparable to Delfactis's multi-bank/multi-funder model and enterprise mid-market positioning.
• Demica: Demica provides a SaaS platform for banks and corporates to originate and service receivables-purchase and reverse-factoring programs. It competes head-on with Delfactis's Reverse Factoring PLUS in the European mid-to-large corporate SCF segment.
• CRX Markets: CRX Markets operates a multi-bank working-capital marketplace for corporate supplier finance. It is Delfactis's explicit co-development and joint-offering partner for the Supplier Payment Solution (SPS), and the two share booths and workshops at industry events, making CRX the most directly comparable counterparty in product, customer base, and GTM motion.

Broad incumbents

• Allianz Trade (Euler Hermes): Allianz Trade (formerly Euler Hermes) is the global market leader in trade credit insurance and a broad incumbent in SCF-adjacent services. It competes indirectly with Delfactis on the insurance/credit-protection side of the stack while also offering larger-scale SCF programs to enterprise customers.
• Coface: Coface is one of the world's largest trade-credit insurers and is simultaneously a capacity provider and a partial competitor to Delfactis. While Delfactis bundles Coface-backed capacity, Coface itself offers direct trade-credit insurance and increasingly adjacent SCF services — making it a broad incumbent in the same value chain.

Emerging players

• komgo: komgo is a blockchain-based trade-finance network for corporates, banks, and trade-finance providers. It overlaps with Delfactis's regulated trade-and-payment infrastructure on the digitization of cross-border trade finance, though from a more consortium/network angle.
• Tinubu Square: Tinubu Square provides software solutions for trade-credit insurance management and SCF operations to insurers, brokers, and corporates. It is an adjacent technology provider in the same ecosystem as Delfactis's centralized del credere platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

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 Delfactis AG