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