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Liberis adds £70m funding and venture debt to grow embedded business finance platform and help SMEs weather the COVID storm
API-powered tech platform seamlessly integrates into partner ecosystems to provide revenue-based funding solutions for SMEs
Since COVID-19, Liberis launched new CBILS loan product in May
In the past two years, Liberis has increased its funding for SMEs by 40%, launched in five new countries and added several new partners
LONDON, Dec. 22, 2020 /PRNewswire/
Liberis, a leading global embedded business finance platform, has secured £70m in financing from long-term partners British Business Investments, Paragon Bank, BCI Europe, as well as financing and venture debt from new partner Silicon Valley Bank (SVB). This brings Liberis total funds raised to £200m total, including over £50m in equity funding. The new funds will be used to fuel company growth, launch new products and markets, and provide additional customer financing solutio ....

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