This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

Financial tech startup Previse raises $11m to help suppliers get paid faster

London based invoice factoring technology startup raised $11m in new funding led by Reefknot Investments and Mastercard.

“The pandemic has put a huge strain on the working capital of companies, large and small, all over the world, causing a severe cash crunch. Previse’s platform can unlock working capital, meaning that the tens of thousands of SME suppliers who supply to a large corporate chain can be paid on day one, rather than having to wait weeks or months,” he said.

Tags

supply chain finance, london