Precium Overview
- Year Founded
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2020
- Status
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Private
- Employees
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17
- Latest Deal Type
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Series 2
- Latest Deal Amount
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$5.2M
- Investors
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13
Precium General Information
Description
Developer of a payment infrastructure platform designed to simplify and optimise payment processing for businesses expanding across Africa. The company offers local payment methods, smart routing, automated retries, fraud monitoring, tokenisation, payouts, and reconciliation, enabling global merchants, payment partners, and local enterprises to process payments reliably and reduce payment failures.
Contact Information
Website
www.precium.comCorporate Office
- The Refinery, Longkloof Studios
- Darter Close, Gardens
- Cape Town, Western Cape 8001
- South Africa
Corporate Office
- The Refinery, Longkloof Studios
- Darter Close, Gardens
- Cape Town, Western Cape 8001
- South Africa
Precium Timeline
Precium Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Seed Round | 06-Oct-2023 | $5.2M | Completed | Generating Revenue | ||
| 2. Seed Round | 28-Nov-2022 | Completed | Generating Revenue | |||
| 1. Seed Round | 05-Aug-2021 | $1.03M | $1.03M | Completed | Generating Revenue |
VC Exit Predictor
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Precium Comparisons
Industry
Financing
Details
Precium Competitors (8)
One of Precium’s 8 competitors is ZooZ, a Formerly VC-backed company based in Tel Aviv, Israel.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ZooZ | Formerly VC-backed | Tel Aviv, Israel | ||||
| Primer (Financial Software) | Venture Capital-Backed | London, United Kingdom | ||||
| Spreedly | Private Equity-Backed | Durham, NC | ||||
| MoneyHash | Venture Capital-Backed | San Francisco, CA | ||||
| PayTabs | Formerly VC-backed | Riyadh, Saudi Arabia |
Precium Signals
Precium Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Checkout.com | VC-Backed Company | Minority | ||
| Partech | Venture Capital | Minority | ||
| Payworks (Canada) | Corporation | Minority | ||
| ProcessOut | Corporation | Minority | ||
| QED Investors | Venture Capital | Minority |
Precium FAQs
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When was Precium founded?
Precium was founded in 2020.
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Where is Precium headquartered?
Precium is headquartered in Cape Town, South Africa.
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What is the size of Precium?
Precium has 17 total employees.
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What industry is Precium in?
Precium’s primary industry is Other Financial Services.
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Is Precium a private or public company?
Precium is a Private company.
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What is Precium’s current revenue?
The current revenue for Precium is .
-
How much funding has Precium raised over time?
Precium has raised $7.33M.
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Who are Precium’s investors?
Checkout.com, Partech, Payworks (Canada), ProcessOut, and QED Investors are 5 of 13 investors who have invested in Precium.
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Who are Precium’s competitors?
ZooZ, Primer (Financial Software), Spreedly, MoneyHash, and PayTabs are some of the 8 competitors of Precium.
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