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UK Fintech Liberis Secures £70 Million in Financing & Venture Debt to Grow Embedded Business Finance Platform


UK Fintech Liberis Secures £70 Million in Financing & Venture Debt to Grow Embedded Business Finance Platform
 
Liberis, a UK-based fintech, announced on Tuesday it secured £70 million 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). The newly acquired funds brings Liberis’ total funding to £200 million in total, including over £50 million in equity funding.
As previously reported, Liberis provides finance for small businesses. It funds from 2,500 to £300,000 to limited companies, partnerships, and sole traders. Liberis claims it has provided small businesses with more than £450 million in funding of which the majority through its innovative Funding-as-a-Service platform with integrated partners. ....

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Liberis adds £70m funding and venture debt to grow embedded business finance platform and help SMEs weather the COVID storm


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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Liberis Raises £70M in Financing


Liberis, a London, UK-based global embedded business finance platform, raised £70m in financing.
Backers included 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 accelerate company growth, launch new products and markets, and provide additional customer financing solutions.
Founded in 2007 and led by Rob Straathof, CEO, Liberis provides partners with financing solutions for their small business customers. The company’s global partner network consists of marketplaces, software providers and acquirers, such as Worldpay from FIS and Global Payments. These partners integrate with Liberis to offer up to 1m SMEs personalised pre-approved revenue-based financing for up to £300,000. Payments are linked to a company’s transactions, enabling them to pay ....

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