Presta Raises $3.3M in Pre-Seed Funding

fintech

Presta, a New York-based provider of an end-to-end digital lending platform for loan origination process, raised $3.3M in Pre-Seed funding.

The round was led by Distributed Ventures with participation from Zeal Capital Partners, Matchstick Ventures, The Fund, TechStars, and Jumpstart Ventures.

The company intends to use the funds to support the growth of its digital platform and expansion of its team.

Led by CEO Leopoldo Peña and Peter Truog, Presta provides an all-in-one platform that includes CRM, intake, underwriting, closing, servicing, and reporting functionality, bringing together activities that are often managed via separate systems today. The company helps lenders meet their customers where they are by offering digital tools to build pipelines and appeal to digitally native customers. In addition, lenders can reach customers, book loans, and generate interest income through the use of Presta.

FinSMEs

29/03/2023