Thursday 19th August, 2021
Pagero has announced its partnership with Previse an AI fintech that gets suppliers paid instantly - to enable instant, embedded finance to be delivered through a large open business network.
The partnership will see the roll out of Previse’s early payment platform to Pagero’s customers, giving suppliers on the Pagero Network the option of a ‘pay me now’ button. Pagero Online, which digitalises the document flow between buyer and supplier, provides a ready set of data points upon which InstantPay operates.
Using artificial intelligence trained on billions of pounds worth of invoice data, Previse’s InstantPay makes a smart assessment of whether invoices will be paid. Previse then unlocks bank capital to pay suppliers instantly.
The past 18 months have shone a light on the need for robust supply chains, supported by fast and easily accessible B2B payments. Previse is currently expanding its range of embedded early payment solutions to platforms and corporates globally, making it easy for end users to choose when they get paid.