Previse announces two new hires to boost InstantPay launch

By Megha Bhattacharya

London-based AI FinTech Previse has announced two hires to its London team. The company has hired Niv Subramaniam as Commercial Lead and Steve Dempsey as the new Sales Director. The new executives are expected to propel Previse’s InstantPay launch. Previse is growing its team in response to increased demand for its InstantPay technology, which has been spurred on by the need for SMEs to receive faster payments to be able to survive the Covid-19 storm.

Niv Subramaniam, Chief Commercial Officer at Previse, said, “Previse has seen a growing demand for its InstantPay product in the past year, as a direct response to the worsening slow payments problem brought about by Covid. No other solution exists to get suppliers paid as quickly, or easily. I am looking forward to helping Previse meet its mission of getting every supplier paid on day-1”.

Niv has run functional teams across global organisations including HSBC, where she served as MD, Head of Global Lending Product; and Barclays, as Director of Global Debt Product. She has built banking solutions from the ground up for startups as part of the senior exec team at Oaknorth Bank, and as Customer Solutions lead at TSB Business Banking. Steve joins Previse from Tungsten Network, where he served as Enterprise Sales Manager. He brings over 20 years’ experience helping global enterprises transform the way they do business by harnessing new technology and solutions.

Steve Dempsey, Sales Director at Previse, said,“I am excited to be part of Previse’s mission to pay suppliers quickly and easily – same day, instantly and will continue to build on a strong sales career and look forward to educating the market in “Trade Finance 2.0”, enabling corporates to harness their data to drive growth for companies large and small.”