Precio.AI

Company Overview

Snapshot

Founded in May 2021 by David Amsalem, Lev Drucker, Yaniv Shitrit, and Rony Boter, Precio.AI operated with 1–10 employees. The company ceased operations in March 2023.

Business overview

Precio.AI developed smart financial technology solutions for owners of traditional valuable assets globally. The company's marketplace provided an advanced, secured, collateral-backed finance platform, enabling asset owners to liquefy and monetize physical assets stored at custodians. Utilizing a patent-pending, secure AI-based platform, Precio.AI managed the finance provision process, from collateral verification and loan allocation to payments and monitoring. The company planned to introduce new services, including buying on margin, sale, asset-backed credit, payments, and FX, and was in development and integration pilot with a strategic international partner.

Company Intelligence Q&A

What is Precio.AI's primary business focus?

Precio.AI focused on providing smart financial technology solutions for owners of traditional valuable assets worldwide, offering a collateral-backed finance platform.

When was Precio.AI founded?

Precio.AI was founded in May 2021.

Who are the founders of Precio.AI?

The co-founders of Precio.AI are David Amsalem (CEO), Lev Drucker, Yaniv Shitrit (COO), and Rony Boter (CTO).

What technology did Precio.AI utilize?

Precio.AI utilized a patent-pending, secure AI-based platform to manage its finance provision process.

What is the current operational status of Precio.AI?

Precio.AI ceased to operate in March 2023.