Preczn Raises $6.8M in Funding

Preczn, a Dallas, TX-based financial services Command Center specializing in vertical SaaS platforms, raised $6.8m in funding.

The round was led by Flyover Capital and Blank Ventures, with participation from Grand Ventures, Gilgamesh Ventures, SaaS Ventures, Rosecliff Ventures, Nelnet Ventures, among others.

The company intends to use the funds to to further strengthen its product and go-to-market teams abd accelerate the deployment of embedded payments, lending, banking, and other financial services,

Led by Malik Velani, CEO, Preczn empowers vertical SaaS platforms by offering a solution that enables them to integrate once and rapidly deploy these financial solutions without the need for additional development resources. From a central location, SaaS platforms can operate their entire fintech suite. By streamlining the rollout of these solutions, platforms can optimize monetization while reducing the often sizable operating expenses associated with building and maintaining integrations, frameworks, and continued operationalization.

FinSMEs

24/10/2023