About Precium
Precium is a company based in Cape Town (South Africa) founded in 2020. Precium has raised $6.3 million across 2 funding rounds from investors including Circle, Speedinvest and Partech Partners. Precium offers products and services including Payment Processing, Payment Recovery, and Reconciliation Tools. Precium operates in a competitive market with competitors including Flutterwave, PayU, Network International, Yoco and ACI Worldwide, among others.
- Headquarter Cape Town, South Africa
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$6.3 M (USD)
in 2 rounds
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Latest Funding Round
$5.2 M (USD), Seed
Sep 26, 2023
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Investors
Circle
& 9 more
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Employee Count
Not available
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Products & Services of Precium
Precium offers a comprehensive portfolio of products and services, including Payment Processing, Payment Recovery, and Reconciliation Tools.
Optimizes payment performance to increase authorization rates
Recovers failed payments and reduces fraud losses
Automates financial operations for enterprises
People of Precium
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Leadership Team
2 people
Sales and Marketing
1 people
Finance and Accounting
1 people
Enterprise Team
1 people
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Funding Insights of Precium
Precium has successfully raised a total of $6.3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5.2 million completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Precium
Precium has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Circle, Speedinvest and Partech Partners.
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Investor details for Precium
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Investments & Acquisitions by Precium
Investment portfolio details for Precium
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Financial Statements - Precium
Detailed financials for Precium
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Precium Comparisons
Peer comparison for Precium
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Competitors of Precium
Precium operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flutterwave, PayU, Network International, Yoco and ACI Worldwide, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of payment processing solutions for businesses
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Online payment processing and credit solutions are provided for businesses.
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Network International is recognized as a leading digital payment provider in the Middle East and Africa.
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Payment processing solutions are offered to businesses and merchants.
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Digital payments are processed and managed via specialized solutions.
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Global e-commerce payment processing and security services are managed.
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Detailed competitors of Precium
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Latest news on Precium
Complete news archive for Precium
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Frequently Asked Questions about Precium
Precium was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Precium is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Ruaan Botha is the current CEO of Precium.
Precium is a funded company, having raised a total of $6.3M across 2 funding rounds to date.
Precium was founded in 2020 and is based in Cape Town, South Africa. Operations focus on the fintech sector, where online payment solutions are delivered to businesses. Services encompass payment processing, recovery mechanisms, analytics tools, fraud management systems, and reconciliation processes. The platform supports various financial workflows to address business payment needs across digital environments.
Precium's top competitors include PayU, Flutterwave and Yoco.
Precium offers Payment Processing, Payment Recovery, and Reconciliation Tools.
Precium has 10 investors. Key investors include Circle, Speedinvest, Partech Partners, Quona, and QED Investors.