Founded in 2016, Previse's mission is to combat the issue of late payments for B2B suppliers, particularly small and medium-sized enterprises (SMEs). The company has developed a technology platform that uses machine learning to analyze the invoice data of large corporate buyers. By predicting the small likelihood of an invoice not being paid, Previse can facilitate instant payment to the supplier from a third-party funder. The buyer then repays the funder on the invoice's original due date, while the supplier receives critical cash flow immediately for a small fee.

Founded in

United Kingdom