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3 Latest Announced Rounds

$312.57M Raised in 34 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Preczn Inc

start up
United States - ND
  • 25/10/2023
  • Unknown
  • $6,800,000

Commerce Orchestration for Vertical SaaS Platforms to do more with Ease of Access, Choice, and Control of their fintech suites


Related People

Malik VelaniCo Founder

Malik Velani United States - Frisco, Texas

Digital and technology executive with over 25 years of experience in Global Payments and Financial Services, focusing on new business-driven innovations using current and new technologies. A diligent and focused individual with a passion for innovation and history of creating solutions that exceed customer expectations for functionality, usability and profitability. Dynamic and collaborative people developer with strong track record of revenue growth and results-oriented leadership. Worked closely with Global Fortune 1000 financial institutions, Retailers, Issuers, Processors, and Wallet / commerce platforms.

Selected Accomplishments
• Walmart (retail) - Marketplace transformation; Facebook/Instagram/WhatsApp - Social selling and monetizing various FB platform via new payment options; PayPal Tokenization Solution - PP transactions through card networks
• Key architect of holistic PayPal commerce platform (payments hub) by consolidating and optimizing various PP acquisitions (PayPal, Braintree, Paydiant & Venmo)
• Solution advisory to key PayPal partners (Google, Facebook, Apple, Microsoft) resulting in +45% revenue growth in 2018
• Launched first ever payments initiatives transforming commerce in emerging markets, including Brazil (consolidated merchant acquiring), UAE (EMV retail solution), Romania (centralized ATM network), Pakistan (centralized ATM & in-country credit card network) and Egypt (banking multi-currency), Mozambique (card issuing and acquiring)
• Innovation Project Winner – “Making ‘Mobile Payments’ Simple for Consumers,” hosted by pymnts.com at Harvard University (Boston) https://www.pymnts.com/news
• Expert Panelist “Power of Innovation” at Deloitte Market CoE, moderated by Deloitte CMO
• Patents - 2 patents (1 approved - US 20110276418Al and 1 pending) for Mobile Wallet & Retail Payments

Key Skills: Strategy & Product innovation through partnerships to drive business value
• Retail, Fin Service & Gig Economy • Business & Solution Strategy
• Mobile Wallet & Commerce • Solution Design and Architecture
• Strategic Partnerships • Digital Commerce / Payments
• Enterprise/Regional solutions • Digital and Tech Innovation