Saturday, December 14, 2024

Liberis: Secures an additional £140m from Barclays Bank PLC

Liberis: Secures an additional £140m from Barclays Bank PLC

  • Liberis builds flexible embedded finance solutions that empower businesses and provide a positive impact
  • Announced that they have secured £140m in financing from Barclays Bank PLC and BCI Finance 
  • This brings total funds raised to £350m, including over £80m in equity funding
  • The new funds will be used to further scale the platform, offering fair and increasingly flexible finance solutions
  • The platform applies machine learning to understand a customer’s risk profile and maximum funding options available to them
  • The global partner network consists of e-Commerce platforms such as Klarna and acquirers such as Barclaycard

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