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Precise Finance
Precise offers a Commercial Credit OS that enables brands to embed financing into their platforms, improving monetization. Their AI-powered solution automates labor-intensive aspects of commercial…
Precise Finance
Precise offers a Commercial Credit OS that enables brands to embed financing into their platforms, improving monetization. Their AI-powered solution automates labor-intensive aspects of commercial…
TL;DR
Product: Commercial Credit OS that lets platforms embed and operate branded commercial credit programs
Tech: AI-powered automation for sourcing, underwriting, monitoring, reporting, collections, and recovery
Business model: Provides funding by purchasing a percentage of merchants' accounts receivable (not loans)
Funding: Seed round Jan 2023; investor listed as World Trade Ventures (amount undisclosed)
Origins & HQ: Launched Jan 2021; founding location listed as Tel Aviv-Yafo, Israel; HQ listed in New York, NY
Company Overview
Problem Domain
Commercial credit for smaller businesses and embedded financing for platforms/brands aiming to offer or monetize financing programs.
Founded
2021
Industry
Fintech
Funding Track Record
Investor Signal
“Seed investor: World Trade Ventures (investment amount not disclosed)”
Founders
What we do
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