DeFa by InvoiceMate
DeFa by InvoiceMate is an onchain Liquidity-as-a-Service protocol based in Abu Dhabi that connects stablecoin investors with verified invoice-backed lending opportunities across PayFi and TradFi, using AI-powered KYI/KYR verification on ZIGChain infrastructure.
- Company typePrivate
- Founded-
- HeadquartersAbu Dhabi, United Arab Emirates
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What DeFa by InvoiceMate does
DeFa by InvoiceMate is an onchain Liquidity-as-a-Service (LaaS) protocol headquartered in Abu Dhabi Global Market (ADGM), UAE, that connects stablecoin liquidity providers with invoice-backed lending opportunities. The platform bridges traditional trade finance with decentralized finance by verifying real-world receivables through proprietary AI and blockchain systems, then tokenizing them for onchain funding. Its core infrastructure comprises the KYI (Know Your Invoice) and KYR (Know Your Receivable) verification engines, which assess invoices, settlements, corridors, and counterparties across 30+ authenticity and credit parameters before financing is approved, with each stage recorded on blockchain for immutability. The protocol operates on ZIGChain, a Cosmos SDK-based Layer 1 with EVM compatibility, following a March 2025 migration.
The product suite spans borrower-facing financing products (PayMate for PSP/RSP prefunding at 10-12% APY, invoice-based and revenue-based financing for UAE businesses, and merchant cash advance for UK businesses up to £500,000) and investor-facing yield products (STREAM up to 12% APY, LIFT 8-10% APY with credit insurance, SURGE up to 20% APY). Operational automation is delivered through three AI agents: AMIGO for onboarding integration with businesses and payment operators, CARA for capital allocation advisory, and DROOG for backend risk, compliance, and liquidity orchestration. DeFa monetizes through a 4% net interest margin retained from the spread between borrower rates and investor returns, supplemented by transaction-based fees across yield products.
Reported operational metrics include $670M+ in transaction volume processed, $130M+ in private liquidity deployed, $6.6M+ in investor yield generated, and a 0.19% NPL rate across 800+ originated facilities. Strategic institutional relationships include a POC partnership with Abu Dhabi Islamic Bank (ADIB) for stablecoin-powered SME lending, a vault partnership with Zignaly, and distribution integrations with Morpho, Pendle, Curve, and Amina Bank. The company has received Deloitte Rising Star (2x) and Future 100 recognition and is backed by investors including IOTA, Stellar, Protofire, HUB71, Brinc, TDeFi, and XFounders.
DeFa by InvoiceMate firmographics
Firmographics- Name
- DeFa by InvoiceMate
- Legal name
- DeFa by InvoiceMate
- Website
- https://imdefa.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- DeFa by InvoiceMate is an onchain Liquidity-as-a-Service protocol based in Abu Dhabi that connects stablecoin investors with verified invoice-backed lending opportunities across PayFi and TradFi, using AI-powered KYI/KYR verification on ZIGChain infrastructure.
- Ownership category
- akta.pro rank
DeFa by InvoiceMate industry classification
Industry- Product category
- Decentralized Finance / Blockchain-based Lending Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Sales Financing (52222)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Liquidity Provision & Market Making Protocols (AMMs, concentrated liquidity, LP tooling) (FSAPAEAF)
- akta.pro secondary industries
- Borrowing/Lending Risk & Credit Infrastructure (on-chain credit scoring, risk engines, insurance wrappers) (FSAPAEAI), Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending) (FSAGAMAG)
Keywords
Where DeFa by InvoiceMate is headquartered
LocationHeadquarters
- HQ city
- Abu Dhabi
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices1 record
Markets served
DeFa by InvoiceMate business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Net Interest Margin: DeFa retains 4% net interest margin from the spread between borrower rates and investor returns. Borrower pays X%, DeFa retains 4%, investor receives Y%.
- Yield Products: Returns generated from verified invoice settlements and payment receivables across multiple yield products: PayMate (10-12% APY, 1-14 day cycles), CredMate (14-16% APY, 30-90 day cycles), STREAM (up to 12% APY), LIFT (8-10% APY, 7-30 days), SURGE (up to 20% APY, 180-day period).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | PayMate - PayFi Settlement Liquidity |
| Transaction based/ take rate | Multi-year contract | LIFT - Invoice Financing with Credit Insurance |
| Transaction based/ take rate | Monthly | STREAM - Payment & Invoice Settlements |
| Transaction based/ take rate | Pay-as-you-go | CredMate - SME Working Capital |
| Transaction based/ take rate | Monthly | SURGE - Revenue-Based Financing |
| Transaction based/ take rate | Monthly | InvestMate - Blended Strategy |
| Outcome Based/ Performance | Pay-as-you-go | Merchant Cash Advance (UK) |
Go-to-market motion5 records
Distribution channels8 records
Marketing channels9 records
DeFa by InvoiceMate product offering
Product offeringCore offering
DeFa by InvoiceMate operates an onchain Liquidity-as-a-Service infrastructure built on ZIGChain that connects stablecoin liquidity providers with verified real-world receivables across PayFi and TradFi. The protocol offers prefunding facilities for PSPs/RSPs/OTC desks (PayMate), invoice and revenue-based financing for SMEs in the UAE, merchant cash advances for UK businesses, and yield products (LIFT, SURGE) for investors earning 8-20% APY. All receivables pass through AI and blockchain-powered KYI/KYR verification across 30+ parameters before financing, with credit insurance protecting investors.
Product overview
DeFa by InvoiceMate is an onchain Liquidity-as-a-Service (LaaS) infrastructure connecting institutional liquidity providers with verified real-world receivables across PayFi (payment settlements) and TradFi (business financing). The product suite comprises four borrower-facing financing products (PayMate for remittance prefunding, Invoice-Based Financing and Revenue-Based Financing for UAE businesses, and Merchant Cash Advance for UK businesses), three investor-facing yield products (STREAM, LIFT, and SURGE offering 12-20% APY with varying tenures and risk profiles), and three AI-powered operational agents (AMIGO for onboarding, CARA for capital allocation, and DROOG for backend operations). The protocol is built on KYI/KYR verification systems that validate receivables across 30+ parameters before financing, with liquidity deployed through USDC deposits receiving DLP tokens.
Differentiator
Problem solved
Functional benefit
Brands
- PayMate: Pre-funding liquidity product for Payment Service Providers, Remittance Service Providers, and OTC desks requiring settlement liquidity for cross-border transactions.
- CredMate
- InvestMate
- KYR (Know Your Receivable)
Products and services
- PayMate Purpose-built prefunding facility for Payment Service Providers, Remittance Service Providers, and OTC desks that require on-demand liquidity to settle local and cross-border transactions instantly without capital constraints. Offers 10-12% APY, 1-14 day cycles, and capital recycling 4-8x per month.
- Invoice-Based Financing Invoice financing product that advances most of an invoice's value upfront upon issuance for UAE-based companies, enabling access to cash immediately rather than waiting 30-90 days for customer payment. Backed by KYI verification and credit insurance.
- Revenue-Based Financing Working capital financing advanced against business sales for UAE businesses, with repayment tied to a share of revenue rather than fixed monthly payments. Designed for businesses that need flexible access to capital aligned to earnings.
- Merchant Cash Advance Working capital product providing up to £500,000 for UK businesses, repaid from future revenue through daily, weekly, or bi-weekly instalments. Decision in 24 hours, same-day funding on clean applications, no personal guarantee on standard product, structured as interest-free purchase of receivables.
- LIFT Yield Product Yield product offering up to 16% APY through invoice financing with credit insurance protecting against defaults. Tenure of 7-30 days with a 90-day lockup period, providing institutional investors with insured, short-duration exposure to verified receivables.
- SURGE Yield Product Highest-yield product offering up to 20% APY from revenue-based financing and short-term SME loans, running on a 180-day period with 30-day payout cycles for liquidity providers.
Quantifiable outcome
- 0.19% NPL rate demonstrates strong risk management
- +3 more outcomes
Companies that use DeFa by InvoiceMate
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles3 records
DeFa by InvoiceMate technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability9 records
Feature7 records
DeFa by InvoiceMate partnerships and signals
Strategic signalPartnerships
28 partnerships are on record, tiered core and minor.
- ADIB (Abu Dhabi Islamic Bank)coreWorking with Abu Dhabi Islamic Bank to bring stablecoin-based SME finance into regulated markets through POC for stablecoin-powered SME lending. Bridges traditional Islamic banking trust with onchain efficiency.
- ZignalycoreDeFa x Zignaly vault partnership provides managed access layer for participants who prefer not to interact directly with protocols. Zignaly handles allocation, monitoring, and administration while DeFa manages invoice financing and credit processes.
- ZIGChaincoreDeFa's Private Mainnet operates on ZIGChain, a Cosmos SDK-based Layer 1 with EVM compatibility. ZIGChain provides validator-secured security, modular financial primitives, and long-term economic participation for settlement infrastructure.
- MorphominorDistribution partner for optimized yield strategies and compounding opportunities.
- PendleminorDistribution partner for optimized yield strategies and re-staking opportunities.
- CurveminorDistribution partner for optimized yield strategies and liquidity management.
- Amina BankminorDistribution partner for yield optimization strategies.
- YubiminorB2B supply chain partner.
- JazzCashminorB2B supply chain partner.
- EficyentminorB2B supply chain partner.
- OmnisPayminorB2B supply chain partner.
- FuzeminorB2B supply chain partner.
- JinglePayminorB2B supply chain partner.
- AuraminorB2B supply chain partner.
- MamoPayminorB2B supply chain partner.
- AlHuda FinancialminorB2B supply chain partner.
- Klub AIminorB2B supply chain partner.
- TRAXminorB2B supply chain partner and trade finance borrower.
- TrellaminorB2B supply chain partner and trade finance borrower.
- FoodpandaminorB2B supply chain partner.
- ZarayeminorB2B supply chain partner.
- Snapp RetailminorB2B supply chain partner.
- Umrah CompanionsminorB2B supply chain partner.
- SalicminorB2B supply chain partner.
- DigiKhataminorB2B supply chain partner.
- Telec GroupminorB2B supply chain partner.
- WatermelonminorB2B supply chain partner.
- Clearpool / Hex Trust's OzeanminorPartnership to offer SME financing opportunities on Ozean platform via DeFa.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
DeFa by InvoiceMate competitors and assessment
Company assessmentEmerging players
- Tradable: Invoice tokenization and onchain financing platform for SMBs, similar to DeFa's invoice financing products.
- Huma Finance: PayFi protocol providing working capital and liquidity for payment receivables using onchain credit infrastructure. Comparable in PayFi/invoice-receivable thesis, though with broader protocol scope and different chain footprint.
Broad incumbents
- Aave: Leading DeFi lending protocol with massive liquidity and institutional integrations. Comparable as a yield-bearing destination for stablecoin LPs, though overcollateralized rather than invoice-backed.
- MakerDAO: Largest DeFi lending protocol with growing RWA focus including trade finance. Comparable in yield products backed by real-world assets, but operates as broad DeFi incumbent rather than niche specialist.
Direct peers
- Centrifuge: Decentralized protocol for tokenizing real-world assets including invoices, providing onchain financing against verified receivables. Closely comparable in invoice tokenization and RWA lending thesis.
- Goldfinch: DeFi lending protocol that extends credit to real-world businesses without crypto-native overcollateralization. Comparable in using off-chain identity/credit assessment to underwrite onchain loans to SMEs.
- TrueFi: DeFi credit protocol offering undercollateralized loans to vetted institutional borrowers, with a focus on real-economy lending yields. Comparable in target audience (yield-seeking capital providers) and borrower profile (institutions).
- Maple Finance: Institutional onchain credit market with undercollateralized lending pools managed by credit delegates. Comparable in institutional LP base, real-economy lending, and reliance on off-chain underwriting.
- Clearpool: Decentralized credit marketplace connecting institutional lenders with vetted borrowers. Direct comparable; Clearpool/Hex Trust's Ozean is also an existing DeFa distribution partner.
Others
- ZIGChain: Cosmos SDK-based Layer 1 where DeFa's mainnet operates. Comparable as infrastructure partner rather than competitor; provides validator-secured settlement layer for DeFa's invoice-backed RWAs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
DeFa by InvoiceMate social profiles
Digital presenceDeFa by InvoiceMate financial estimates
Financial estimateRevenue estimate
Valuation estimate
DeFa by InvoiceMate leadership team
Management profileNumber of profiles
Profiles7 records
DeFa by InvoiceMate funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DeFa by InvoiceMate M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DeFa by InvoiceMate
What does DeFa by InvoiceMate do?
DeFa by InvoiceMate operates an onchain Liquidity-as-a-Service infrastructure built on ZIGChain that connects stablecoin liquidity providers with verified real-world receivables across PayFi and TradFi. The protocol offers prefunding facilities for PSPs/RSPs/OTC desks (PayMate), invoice and revenue-based financing for SMEs in the UAE, merchant cash advances for UK businesses, and yield products (LIFT, SURGE) for investors earning 8-20% APY. All receivables pass through AI and blockchain-powered KYI/KYR verification across 30+ parameters before financing, with credit insurance protecting investors.
Is DeFa by InvoiceMate a public or private company?
DeFa by InvoiceMate is a private company. It is classified as venture growth investor backed and is currently operating.
When was DeFa by InvoiceMate founded?
DeFa by InvoiceMate was founded in -1. It employs 11 to 50 people.
Where is DeFa by InvoiceMate based?
DeFa by InvoiceMate is headquartered in Abu Dhabi, United Arab Emirates, in the Middle East region.
How does DeFa by InvoiceMate make money?
Two revenue lines are on record. Net Interest Margin is the primary driver. The others are yield Products.
Who are DeFa by InvoiceMate's main competitors?
Emerging players on record are Tradable and Huma Finance. Broad incumbents are Aave and MakerDAO. Direct peers are Centrifuge, Goldfinch, TrueFi, Maple Finance and Clearpool. ZIGChain is listed as an others.
Does DeFa by InvoiceMate have an API?
No public API is recorded for DeFa by InvoiceMate.
What industry is DeFa by InvoiceMate in?
DeFa by InvoiceMate's product category is Decentralized Finance / Blockchain-based Lending Infrastructure. Its primary akta.pro industry code is FSAPAEAF, Liquidity Provision & Market Making Protocols (AMMs, concentrated liquidity, LP tooling), with a secondary code of FSAPAEAI, Borrowing/Lending Risk & Credit Infrastructure (on-chain credit scoring, risk engines, insurance wrappers). Its NAICS code is 522320 and its SIC code is 6200.