Presto Funding refers to a financing solution or service that provides quick or immediate funding to businesses or individuals. It often implies a fast processing time for loan applications or funding requests, enabling customers to receive funds in a timely manner, typically without extensive documentation or lengthy approval processes. Presto Funding can be utilized for various purposes, such as covering operational costs, managing cash flow, or addressing unexpected expenses. This type of funding can come in various forms, including personal loans, business loans, lines of credit, or cash advances, facilitating access to capital when needed most.
Presto has secured $15 million in seed funding to enhance its EV charging platform. Founded by former Uber leaders, Presto focuses on optimizing charging for electric fleets. Users can manage…