Prestatech
ActiveOpen Banking analytics and Instant Lending solutions at the blink of an API
Prestatech GmbH
About Prestatech
Prestatech is a digital credit factory that has developed an innovative underwriting platform for banks and financial institutions in Europe. Currently active with major European banks, Prestatech offers them a variety of digital credit services from data enrichment to end-to-end instant lending solutions. Thanks to technological innovation, Prestatech has gained an extensive expertise in the digital credit space and through its open-platform is currently offering API-based solutions that leverage on AI, advanced algorithms and Big Data technologies. Prestatech is the natural evolution of Prestacap, a direct-lending platform launched in 2016, which was sold to the DEPObank S.p.A. (BIT:BFF) in Italy and was bought back by its Founders. Prestatech is composed of a young and entrepreneurial team, wich has an extensive and long-dated experience in the FinTech space in Europe.
Former company name: Cara Services GmbH
Funding
€9m
Total raised
€25m
Valuation
| Round | Year | Amount |
|---|---|---|
| Latest round | 2023 | €4m |
| Round −1 | 2021 | €5m |
Financials (€m)
| Year | Revenue | EBIT |
|---|---|---|
| 2019 | — | €-500k |
| 2020 | — | €-400k |
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