Premium Technology

Name

Premium Technology

Legal name

Premium Technology Inc.

Website

https://premiumit.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Supply Chain and Trade Finance Software

NAICS

Custom Computer Programming Services (541511)

SIC

Loan Brokers (6163)

akta.pro primary industry

Trade Finance & Supply Chain Finance Platforms (FSAGAJAL)

Keywords

• Supply chain finance
• Trade finance software
• Working capital solutions
• Receivables management
• Financing automation platform

Headquarters

HQ city

Jersey City

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Supply Chain Finance Software Solutions: FinShare platform powers a robust suite of supply chain and trade finance software solutions for banks and businesses globally. Revenue appears to be generated through software licensing and platform fees to financial institutions and corporations.
2. FinShare Platform Licensing: The company provides the FinShare platform as a comprehensive solution with flexible design to meet unique business needs, suggesting software licensing and implementation services as primary revenue streams.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Premium Technology develops and sells the FinShare platform, a comprehensive supply chain and trade finance software solution providing end-to-end automation with straight-through processing from ERP to settlement payment. The platform serves banks, corporate buyers, and suppliers globally with a modular suite covering accounts receivable/payable financing, dynamic discounting, factoring, distributor finance, purchase order financing, deep-tier financing, trade finance instruments (letters of credit, guarantees, documentary collection), and risk participation tools.

Product overview

Premium Technology operates FinShare, a comprehensive supply chain and trade finance platform providing end-to-end automation with straight-through processing from ERP to settlement. The platform consists of multiple integrated modules organized by function: Seller-Centric products (Account Receivable Finance, FCI-Enabled Factoring, Distributor Finance, Purchase Order Financing, Ledger Financing, Asset Based Lending, Inventory Financing, ESG Financing); Buyer-Centric products (Approved Payables Finance, Dynamic Discounting, Post-Payment Processing, Deep Tier Financing); Risk & Compliance tools (Risk Distribution, Risk Participation, Syndication, Islamic Financing); and Trade Finance services (Letter of Credit, Letter of Guarantee, Documentary Collection, Remittance). The platform serves banks, buyers, and suppliers globally with over 100,000 anchor clients transacting across more than 100 countries.

Differentiator

Problem solved

Functional benefit

Brands

• FinShare: Premium Technology's product suite that provides end-to-end supply chain and trade finance solutions for banks and businesses globally, offering flexible and customizable modules for various financing needs including accounts receivable, supplier finance, dynamic discounting, and trade finance instruments.

Products and services

• FinShare Platform Core supply chain and trade finance platform providing end-to-end automation, straight-through processing from ERP to settlement, with centralized database and customizable business parameters. Processes over 30 million transactions monthly across more than 100 countries for banks, buyers, and suppliers.
• Account Receivable Finance (ARF) Financing arrangement that converts accounts receivables into cash, allowing sellers to receive advance payment before buyer maturity dates. Supports both recourse and non-recourse financing options, used by banks and suppliers within the FinShare platform.
• FCI-Enabled Factoring FCI-integrated factoring solution automating client onboarding, credit assessment, invoice verification, payment collection, and reporting with real-time visibility and compliance support for banks and factoring companies.
• Distributor Finance Supply chain finance solution enabling shorter cash conversion cycles with auto-bulking of eligible invoices and configurable asset picking strategies for distributors and their financing banks.
• Purchase Order Financing (POF) Pre-export financing solution against purchase orders and Pro-Forma invoices, helping sellers pay for materials to fulfill customer orders with a full audit trail for banking compliance.
• Approved Payables Finance (APF) Buyer-centric solution where buyers submit approved invoices that trigger supplier financing alerts, enabling suppliers to choose between manual selection or automatic invoice discounting to optimize working capital.
• Dynamic Discounting Platform enabling buyers to offer early payment in exchange for seller discounts, with dynamic negotiation on discount rates (APR with sliding scale) between buyers and sellers.
• Deep Tier Finance (DTF) Multi-tier financing solution providing working capital to nth-tier suppliers through ePay tokens, extending supply chain finance visibility beyond tier-1 vendors to entire supply chains.
• Asset Based Lending (ABL) Borrowing base facility evaluating company assets (invoices, inventory) to establish maximum credit availability, enabling companies to access capital based on asset value rather than traditional financial metrics.
• Inventory Financing Short-term loan or revolving credit facility based on inventory value used as collateral, commonly used for seasonal inventory acquisition and managing cash flow during production cycles.
• ESG Financing Sustainability-linked financing where ESG ratings integrate with pricing rules, allowing financial institutions to customize interest rates based on companies' sustainability performance from external rating providers via API.
• Islamic Financing (Sharia-Compliant) Sharia-compliant financing that avoids interest and promotes ethical, profit-sharing, and asset-backed arrangements for Islamic supplier finance with full compliance guidance.
• Letter of Credit (LC) Bank-guaranteed payment instrument for international trade ensuring timely and correct payment upon presentation of compliant shipping documents, protecting both buyers and sellers.
• Letter of Guarantee (LG) Bank commitment on behalf of clients promising payment to beneficiaries if contractual obligations are not met, activated only upon default unlike Letters of Credit.
• Documentary Collection (DC) Trade finance process where banks act as intermediaries collecting payment in exchange for shipping documents without guaranteeing payment, offering more security than open account terms.
• Remittance Direct fund transfers through banking systems including Telegraphic Transfer (T/T), Demand Draft (D/D), and Mail Transfer (M/T) for settling straightforward trade obligations.
• Risk Distribution (RPD) Risk-sharing solution allowing lead financial providers to establish multiple parallel relationships with participants, distributing risks associated with loans while maintaining customer relationships.
• Risk Participation (RP) Solution enabling banks to assume defined portions of credit risk from transactions originated by lead banks, with automated eligibility checks and configurable validation rules.
• Syndication Multi-bank syndication solution allowing lead financial providers to allocate financing portions to participants/investors while maintaining customer relationships, supporting both funded and unfunded participation.

Quantifiable outcome

• Reduces average processing time from 2 days to under 1 day
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature6 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• NTT DatacoreTechnology or IntegrationGlobal technology services provider offering systems integration and consulting services, enabling Premium Technology to extend delivery capabilities worldwide.
• Venture Info SystemscoreImplementation/ SI/ Consulting PartnerSystem integration and consulting partner providing implementation services for FinShare solutions.
• ETCminorImplementation/ SI/ Consulting PartnerIT services provider in Vietnam supporting regional implementations.
• SWIFTcoreStrategic or Co-development PartnerSWIFT Certified Application partner. Premium Technology maintains active membership in SWIFT partner programme, providing certified applications for the SWIFT network.
• BAFT-IFSAcoreStrategic or Co-development PartnerActive member of BAFT (Bankers Association for Finance and Trade), participating in industry initiatives and standards development.
• GTR (Global Trade Review)coreStrategic or Co-development PartnerActive member and partner, participating in GTR events and awards programs including GTR Saudi Arabia.
• PeppolcoreTechnology or IntegrationCertified Peppol Access Point Provider for standardized electronic document exchange in business workflows.
• SunyardcoreStrategic or Co-development PartnerStrategic partner in the Asian banking technology market, extending reach in the region.
• Asian Bankers Association (ABA)coreStrategic or Co-development PartnerActive member of the Asian Bankers Association, participating in industry collaboration and standards.
• Commercial Finance Association (CFA)coreStrategic or Co-development PartnerActive member of the Commercial Finance Association, supporting industry best practices in asset-based lending and supply chain finance.

Scale indicators8 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Taulia (SAP): Supply chain finance platform acquired by SAP, offering working capital solutions connecting buyers, suppliers, and banks. Direct competitor to FinShare in the SCF automation space, with broader ERP integration via SAP.
• PrimeRevenue: Leading global supply chain finance platform serving banks, buyers, and suppliers with multi-bank, multi-funder architecture. Closest direct competitor to FinShare's anchor-client, multi-module SCF model.
• C2FO: Working capital marketplace connecting businesses via dynamic discounting and early payment programs. Overlaps with FinShare's APF and Dynamic Discounting modules in the buyer-centric SCF segment.
• Demica: Supply chain finance technology provider offering receivables and payables finance solutions for banks and corporates. Direct peer with comparable SCF platform architecture and FI target market.
• Surecomp: Trade finance and SCF software vendor serving banks and corporates globally with back-office trade finance automation. Direct peer especially in trade instruments (LC, LG, DC) that overlap with FinShare modules.
• LiquidX: Trade finance platform offering receivables financing, supply chain finance, and risk distribution solutions to banks and corporates. Strong overlap with FinShare's RPD/RP/Syndication modules.
• TIS (Treasury Intelligence Solutions): Cloud-based platform for corporate payments, banking connectivity, and cash management. Direct peer serving corporates and banks with workflow automation overlapping FinShare's corporate buyer segment.

Broad incumbents

• Finastra: Large financial software vendor with Fusion Trade Innovation and other SCF/corporate banking solutions. Broader incumbent competing at Tier-1 banks where it bundles trade finance into a wider core banking suite.
• Murex: Enterprise treasury, capital markets, and trade finance platform widely deployed at large banks. Broad incumbent with overlap in trade finance and syndicated lending workflows relevant to FinShare.

Emerging players

• Tradeteq: Data and analytics platform for trade finance, providing risk scoring and distribution tools to banks and investors. Emerging player addressing adjacent trade finance risk/data needs intersecting with FinShare's RPD/RP modules.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/premium-technology-inc
• Xx.com/premiumtech
• Facebookfacebook.com/PremiumTechnologyInc

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Premium Technology