7 years ago

Previse Secures US$7 Million in Series A Funding to Accelerate Growth

  • Previse, a London-based fintech company, has raised US$7 million in a Series A funding round led by Augmentum Fintech and Bessemer Venture Partners

  • The funding will be used to onboard clients and further develop the company's technology

  • Previse's platform allows buyers to pay their suppliers instantly, as soon as the buyer receives an invoice, by using machine learning to root out invoices that are unlikely to be paid.

      • ProblemFinancial Services

      "solving late payment issues between buyers and suppliers"

      Solution

      "Previse enables buyers to have all their suppliers paid instantly, as soon as the buyer receives an invoice, using machine learning technology to identify invoices that are unlikely to be paid"

      Covered on