Prestatech is a Fintech startup based in Germany that operates as a credit AI platform, striving to optimize financial decision-making processes. The company's slogan, "Prestatech is a credit AI platform that enables faster and more accurate financial decisions," encapsulates its primary objective. Leveraging AI-powered credit intelligence, Prestatech assists banks, lending platforms, UTP asset managers, and brokers in making swift and well-informed credit decisions for consumers and SMEs.
By utilizing intelligent document automation and anti-fraud algorithms in conjunction with detailed bank account and financial data, Prestatech automates credit analysis and decision-making processes, enabling faster and more accurate outcomes. The company currently serves the Italian, German, and UK markets, positioning itself as a key player in the European fintech landscape.
On 12 April 2023, Prestatech successfully secured a €4.00M Series A investment from notable investors including Alchimia Investments, CDP Venture Capital, Swiss Merchant Corporation, and Vantage 20 SA. This injection of capital is indicative of the trust and confidence placed in Prestatech's innovative credit AI platform and its potential for significant growth and impact within the industry.