Prestatech is a fintech startup founded in 2021, with headquarters in Germany. Their slogan "Prestatech is a credit AI platform that enables faster and more accurate financial decisions" encapsulates their core offering. The company serves the Italian, German, and UK markets, offering an AI-powered credit intelligence platform for banks, lending platforms, UTP asset managers, and brokers. By combining intelligent document automation and anti-fraud algorithms with the granularity of bank account and financial data, Prestatech automates the credit analysis and decision-making process for both consumers and SMEs.
In April 2023, Prestatech secured a €4.00M Series A investment from notable investors including Alchimia Investments, CDP Venture Capital, Swiss Merchant Corporation, and Vantage 20 SA. This investment signifies confidence in Prestatech's technology and potential for success in the competitive fintech and banking industries.