Previse today announced that it has closed the first phase of its Series B financing.
It is almost a year since we launched Good Business Pays, so it’s time to celebrate some of the wins and successes of the movement.
You work hard to create business opportunities, but making the most of them takes a ready source of cash. Here’s what you might need it for, and how to get it…
2021 has been yet another tough year for British businesses of all sizes. As the pandemic continues and the wider economy works to build back better, it is SMEs who are impacted the worst, whilst larger companies are seemingly faring much better.
Mastercard has today unveiled its next-generation virtual card solution for instant B2B payments, using Previse’s machine learning capabilities.
Mastercard and Previse today announced the integration of Mastercard Cross-Border Services – a global push payments platform that enables funds to be sent seamlessly, securely and with certainty to any account – into Previse’s InstantPay platform.
Transcard, a global leader in payments and technology solutions, today announced a strategic partnership with Previse to embed Previse’s early payment discount solution in Transcard’s SMART Exchange account-to-account (A2A) payment platform.
We’re excited to announce that Previse was named as Payment Tech of the Year at the UK FinTech Awards 2021 last night.
Previse, the AI fintech that gets suppliers paid instantly, has partnered with global e-invoicing firm, Pagero to enable instant, embedded finance to be delivered through the world’s largest, open business network.
Previse is growing its US team following a surge in demand for its InstantPay solution, which has been spurred on by the need for SMEs to receive faster payments as they recover from the pandemic.
In the UK, smaller businesses and suppliers have been forced to close their doors due to non-receipts of payments. Steps are being taken to address this issue.
Liz Barclay’s appointment as Small Business Commissioner was the latest development that reflected the UK’s longstanding and worsening slow payments crisis.
While this is a welcome step in the right direction, there is still a long way to go in addressing the chronic issue of slow payments. A 30-day payment period is still 30 days too long for many small businesses struggling to stay afloat.
Previse has been awarded a £2.5m grant by the Banking Competition Remedies’ Capability and Innovation Fund.
Previse, the leading artificial intelligence and data science fintech that gets suppliers paid instantly, announces an USD11 million funding round led by Reefknot Investments and Mastercard, with participation from existing investors Bessemer Venture Partners, Hambro Perks and Augmentum Fintech.
Supply chains are at the heart of the Covid-19 economic crisis. Disruptions and shutdowns propagate up the supply chains, and massive but blunt interventions are struggling to reach the recipients most in need of support.
