Previse named a finalist for Economic Innovator of the Year

Economic innovator of the year

Chatsworth client Previse has been named a finalist in the Spectator’s Economic Innovator of the Year awards.

This year saw the Spectator receive more entries than ever, making Previse’s shortlisting a feat in itself.

The Economic Innovator of the Year is awarded to the company that the judging panel feel has disrupted their marketplace and will help rebuild the economy in 2020.

Previse’s business proposition could be considered disruptive in normal market conditions, but has arguably become a necessity since the pandemic. Previse uses technology to get all suppliers paid on day one.

As businesses have struggled to stay afloat in the past six months, many have lengthened payment terms to hold onto cash reserves. Previse’s InstantPay solution benefits both buyers and suppliers and is an antidote to broken supply chains.

Testament to the strength of its solution is the momentum Previse has gained since the onset of the pandemic. The fintech received CBILs accreditation, as well as a £2.5 million grant from the BCR to accelerate growth. This is in addition to a partnership with the FSB.

Previse saw off stiff competition to be shortlisted for the prestigious Spectator award and is the only player in its space to be named a finalist.

Previse CEO Paul Christensen, rounds off perfectly: “What we are building here goes beyond just a great product: we’re creating a movement that ensures that every SME has the option of instant payment whenever they issue an invoice.”

Click here to read more about Previse’s shortlisting and the awards.

Chatsworth was the first communications agency to focus on fintech. We’ve been building fintech reputations for 20 years, steering start-ups through launchgrowth and onto corporate action, and protecting and enhancing established infrastructures.

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