Press releases and comment

Previse wins major grant from Banking Competition Remedies

Previse has been awarded a £2.5m grant by the Banking Competition Remedies’ Capability and Innovation Fund.

The money, which will be used to fund further development of Previse’s industry leading instant payments solution, was won after a competitive application process that saw £20m dispersed to 6 companies, as part of the BCR’s mission to facilitate the commercialisation of financial technology relevant to SMEs.

How Previse is supporting SMEs through this late payments crisis

The economic fallout from coronavirus is intensifying the ongoing problem of late payments. Previse is proud to be approved for accreditation by the British Business Bank under the Coronavirus Business Interruption Loan Scheme (CBILS). CBILS loans will be available through our InstantFlow Cash Account solution, enabling SMEs instant access to the money they’re owed by their customers.

Retailers can’t embrace independent suppliers until they tackle payment terms

It’s many entrepreneurs’ dream; that first big contract from a retailer which launches your start-up brand onto the national stage. It should be time to celebrate your success, but for many small firms this is the start of a new financial nightmare. To support these independent suppliers realise their potential, retailers need to become more flexible about their payment terms.

Previse scoops up two awards in two cities on same day

We were thrilled to scoop up two awards in two cities yesterday as we won the ‘Best use of data and analytics in financial services’ award at the FStech Awards 2019 in London and the ‘Best small employer’ award at the Family Friendly Working Scotland (FFWS) Top Employers Awards 2019 in Glasgow.

Previse wins two top fintech awards in one week

Previse has scooped up two top fintech awards in recognition of our best-in-class technology this week. In the first, we were awarded the hotly contested best use of AI in fintech or financial applications category at the Global Annual Achievement Awards for AI and the second came when we were voted best business at Finastra Universe.

Previse appointed to FinTech Strategy Group

Innovate Finance and City of London Corporationhave appointed Previse co-founder and CEO, Paul Christensento its FinTech Strategy Group (FSG) which aims to drive the success of the world-leading UK fintech sector.

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