Liberis

What Liberis does

Liberis is a London-headquartered embedded finance platform founded in 2007 that delivers revenue-based financing, working capital, merchant cash advances, BNPL, flex capital, and term loans to small and medium-sized businesses through B2B platform partnerships. Rather than originating loans directly to consumers, Liberis integrates its funding products into the platforms that SMBs already use, including payment processors (Elavon, Worldpay, Nets, Nexi), vertical SaaS platforms (Vagaro, Dojo, Teya, PayFacto), and marketplaces (eBay, Deliveroo). The company's technology stack centers on a single API integration that unlocks a multi-product funding ecosystem, ingesting over 118 million SMB data points monthly through a proprietary merchant graph and AI-powered recommendation engine to deliver hyper-personalized pre-approved offers with funding decisions in as little as four hours. The platform operates across 15 markets, has facilitated more than £3 billion in cumulative funding to SMBs, and reaches 1.5 million SMBs through 40+ global partners.

Liberis monetizes primarily through transaction fees on revenue-based financing and merchant cash advances, where repayments are structured as a pre-agreed percentage of daily revenue. Pricing is supplemented by fixed-fee products such as Starter Capital ($500-$50k, 98% eligibility, 90% approval rates) and checkout BNPL via Pay With Liberis. The company is regulated by the FCA (as an EMD agent of Modulr FS), certified to ISO 27001, and GDPR/CCPA-compliant. Backed by Blenheim Chalcot as lead investor since inception, Liberis has raised over $700M cumulatively from institutional debt providers including HSBC Innovation Banking, Barclays, BCI Capital, and Silicon Valley Bank UK. In June 2026, Nordic Capital announced an agreement to acquire Liberis and merge it with Stockholm-based Qred (a licensed digital SMB bank), creating a combined entity valued at approximately EUR 745M with revenues exceeding EUR 250M, 53,000+ active SMB customers, and access to ~11.5M addressable merchants across 17 countries, pending regulatory approval.

Name

Liberis

Legal name

Liberis Ltd

Website

https://www.liberis.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

251–500 employees

Short description

Liberis is an embedded finance platform that delivers revenue-based financing, working capital, BNPL, and term loans to SMBs through 40+ platform partners (payment processors, SaaS platforms, marketplaces) across 15 markets via a single API integration, serving 1.5 million SMBs globally.

Ownership category

akta.pro rank

Product category

Embedded Finance Platform

NAICS

Credit Intermediation and Related Activities (522), Mortgage and Nonmortgage Loan Brokers (52231), Sales Financing (52222)

SIC

Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159), Finance Services (6199)

akta.pro primary industry

Embedded Lending & Credit (POS, Working Capital, Credit Lines) (FSAGALAD)

akta.pro secondary industries

Merchant Cash Advance & Revenue-Based Financing Enablement (FSAGALAH), SME Lending Platforms & Embedded SME Credit (FSAKAGAJ), SME Lending & Working Capital Platforms (FSAGAJAA), BaaS Platforms & Sponsor Bank Enablement (FSAGALAA), SME Term Loans & Growth Capital (FSAKAGAB)

Keywords

• Embedded finance platform
• SMB lending
• Revenue-based financing
• Merchant cash advance
• Business financing API

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Revenue-Based Financing / Merchant Cash Advances: Liberis's primary revenue stream. Provides small businesses with merchant cash advances repaid as a pre-agreed percentage of daily revenue. Partners embed this product within their platforms. Total funds raised through this mechanism exceed £700m to date.
2. Fixed-Fee Products: One-time fixed fee charged on certain products (e.g., Starter Capital), providing transparent upfront cost to the merchant. Partners may choose to discount the fee.
3. Working Capital & Investment Capital Products: Short-term working capital advances and term loans for strategic expansion, with repayment structures aligned to business performance.
4. BNPL / Pay With Liberis: Buy-now-pay-later financing offered at checkout, enabling businesses to fund purchases of partner products or services with repayments tied to sales performance.

Pricing tiers

Go-to-market motion4 records

Distribution channels3 records

Marketing channels8 records

Core offering

Liberis provides an API-based embedded finance platform that enables payment processors, marketplaces, vertical SaaS platforms, and neobanks to offer SMB funding products (revenue-based financing, working capital, BNPL, flex capital, starter capital, and investment capital) directly within their partner ecosystems. A single integration exposes five funding blueprints across up to 15 markets, with AI-powered credit decisioning delivering funding decisions in as little as 4 hours and approval rates of 80-95% for traditionally underserved SMBs.

Product overview

Liberis is an embedded finance platform offering a multi-product funding ecosystem designed for every stage of the small business lifecycle. The core platform, Liberis Capital Platform, provides a single API integration enabling partners to offer multiple funding products including Starter Capital (introductory funding for new platform users), Pay with Liberis (BNPL at checkout), Working Capital (merchant cash advances for short-term needs), Flex Capital (line of credit style funding), and Investment Capital (term loans for strategic expansion). The platform ingests over 118 million SMB data points monthly and uses AI-powered decisioning to deliver hyper-personalised pre-approved offers. Funding amounts range from $500 to over $1 million, with repayment structures tied to business revenue performance. Liberis operates across 15 markets globally, having facilitated over £3 billion in funding to small businesses.

Differentiator

Problem solved

Functional benefit

Products and services

• Starter Capital Introductory funding product offering $500-$50,000 to SMBs during platform onboarding or on day one. Features 98% eligibility and 90% approval rates with single fixed-fee pricing and repayment as a percentage of future revenue via open banking. Designed as an entry-level product that unlocks further capital as businesses transact and grow.
• Pay with Liberis Buy Now, Pay Later (BNPL) financing offered at checkout, enabling SMBs to purchase point-of-sale hardware, marketing services, and other partner offerings with pay-over-time options integrated directly into the purchase flow. Repayments structured around sales performance.
• Working Capital Merchant cash advance product providing short-term funding for immediate business needs. Repayments structured as a pre-agreed percentage of daily revenue, allowing payments to flex with business performance. Funding amounts from £1K to £1M+.
• Flex Capital Line of credit style funding providing always-on access to capital. Allows businesses to draw funds as needed and pay interest only on amounts used.
• Investment Capital Term loans for strategic expansion, providing larger funding amounts for established businesses pursuing growth initiatives, with repayment structures aligned to business performance.
• Liberis Capital Platform API-based multi-product funding platform that empowers SMBs with personalised funding designed for every stage of the business lifecycle. A single integration unlocks a full funding ecosystem with five funding products, hyper-personalised offers, AI-powered recommendation engine, and 118M+ monthly SMB data points processed through a proprietary merchant graph. Partners can configure and deploy embedded finance solutions across 15 markets.
• Deliveroo Capital Pre-approved merchant cash advance programme for UK hospitality businesses on the Deliveroo platform. Offers funds for cash flow management, equipment purchases, site refurbishment, and menu development.
• Dojo Flex Funds Flexible capital product for UK SMBs from day one, integrated into Dojo's merchant onboarding journey. Targets merchants with £60k+ annual revenue and 12+ months of trading history, with funding assessed using real trading data from Dojo's platform.
• Quick Capital Fast funding solution for small businesses in the US and Canada, powered by the Elavon partnership. Provides rapid, flexible revenue-based financing with minimal paperwork through seamless integration within the Elavon merchant portal.
• Maitre'D Capital Cash Advance Revenue-based working capital with automatic repayments tied to daily sales for Canadian restaurant and hospitality operators, integrated directly into PayFacto's Maitre'D platform.
• eBay Seller Capital / Flexible Growth Financing Working capital product for eBay business sellers, providing tailored credit and access to funds for inventory restocking, marketing, and business expansion. Available in UK (April 2026) and US markets, with repayments structured around sales performance.
• Nexi Germany Revenue-Based Financing Revenue-Based Financing solution deployed in Germany through Nexi's European merchant network, providing SMBs with flexible working capital tied to daily sales performance.

Quantifiable outcome

• SMBs see 26% average revenue increase in 12 months following funding
• +7 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

AI capability4 records

Feature5 records

Partnerships

Nine partnerships are on record, tiered flagship, emerging and core.

• QredflagshipStrategic or Co-development Partner · 18 June 2026Nordic Capital announced an agreement to acquire Liberis and merge it with Stockholm-headquartered Qred (a digital SMB bank with a full banking licence) to create a combined global platform for SMB financing. Post-merger: ~600 employees, revenues exceeding EUR 250 million, 53,000+ active SMB customers, access to ~11.5 million addressable merchants across 17 countries. Emil Sunvisson (Founder & CEO of Qred) will serve as Group CEO. Nordic Capital XI becomes majority shareholder. Verdane joins as co-investor. Transaction expected to close later in 2026 pending regulatory approvals.
• PayFactoemergingChannel Partner/ Reseller/ Distributor · 6 May 2026PayFacto (Canadian hospitality POS and payments provider) and Liberis launched Maitre'D Capital Cash Advance, an embedded funding solution for Canadian restaurant and hospitality operators. Provides revenue-based working capital with automatic repayments tied to daily sales, integrated into the Maitre'D platform. The launch addresses a financing gap where small business loans declined 22% in value and 38% in number between 2023 and 2024. Now available to eligible PayFacto merchants nationwide.
• ElavoncoreChannel Partner/ Reseller/ Distributor · 31 March 2026Elavon (merchant-services subsidiary of U.S. Bancorp) expanded its partnership with Liberis to launch Quick Capital in Canada, following a successful US launch in 2025. The service provides fast, revenue-based financing to Canadian SMBs via Elavon's merchant portal with minimal paperwork. Approximately 57% of Canadian small businesses charge more than 25% of monthly expenses to credit cards, highlighting a financing gap. The partnership has delivered over £58 million in funding to SMBs to date.
• eBay UKcoreChannel Partner/ Reseller/ Distributor · 10 March 2026eBay UK partnered with Liberis to launch 'Flexible Growth Financing' for UK small business sellers, available from April 2026. The product offers tailored credit and access to funds for inventory restocking, marketing, and business expansion. Repayments are structured around sales performance. This extends a model already deployed in the US via eBay Seller Capital, where 90% of Liberis SMB customers reported a positive operational impact.
• DojocoreChannel Partner/ Reseller/ Distributor · 26 February 2026Dojo (UK payments technology provider) partnered with Liberis to launch Dojo Flex Funds, offering affordable, flexible capital to UK SMBs from day one. Targets eligible merchants with £60k+ annual revenue and 12+ months trading history. Features 90% approval rates. Funding is assessed using real trading data from Dojo's platform. Dojo connects over 150,000 UK businesses with more than 50 million consumer cards monthly. The partnership integrates financing directly into Dojo's merchant onboarding journey.
• DeliveroocoreChannel Partner/ Reseller/ Distributor · 17 February 2026Deliveroo partnered with Liberis to launch Deliveroo Capital, a funding programme offering pre-approved merchant cash advances to UK hospitality businesses. Initially serves over 5,000 restaurant partners on the Deliveroo platform. Funds can be used for cash flow management, equipment purchases, site refurbishment, and menu development. Deliveroo plans to extend the scheme to retailers on its platform.
• VagarocoreChannel Partner/ Reseller/ Distributor · 27 October 2025Liberis launched its first Buy Now, Pay Later (BNPL) product 'Pay With Liberis' in partnership with Vagaro (a salon and spa management platform). The launch expanded small business access to financing within the checkout process in the US. Vagaro Capital has scaled rapidly, delivering over $40m in funding in 3 months with 65% YoY new customer growth and 95% average approval rate.
• NexiemergingChannel Partner/ Reseller/ Distributor · 1 January 2024Liberis partnered with Nexi to introduce Revenue-Based Financing (RBF) solutions in Germany, expanding embedded finance capabilities within Nexi's European merchant network.
• NetscoreStrategic or Co-development Partner · 1 January 2019Nets (Nordic payment solutions provider) partnered with Liberis since 2019 to power its embedded financing service. The partnership has delivered €300m+ in Nordic funding with consistent three-digit YoY growth. The embedded nature of merchant financing means payments are collected automatically from the merchant's card transactions. More than half of all new financing deals are from returning customers. Merchants using financing are 3x less likely to churn than the average Nets acquiring customer.

Scale indicators17 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• YouLend: London-headquartered embedded finance platform providing revenue-based financing and working capital to SMBs via payment processors and SaaS platforms. Directly competes with Liberis on platform partnerships, product set, and European SMB target market.
• Wayflyer: Ireland-based revenue-based financing platform focused on e-commerce and DTC SMBs. Comparable product (RBF/working capital), comparable target segment (sub-$10M ARR merchants), and increasingly overlapping into UK and European markets where Liberis operates.
• Clearco: North American revenue-based financing provider for e-commerce and SaaS SMBs. Direct competitor in the RBF product category with overlapping merchant segments and similar AI-driven underwriting approach.
• Kapitus: US SMB working capital and term loan provider with embedded distribution through ISO and SaaS partners. Competes with Liberis's North American footprint and shares the platform-partner distribution model.
• Canopy: Embedded SMB finance platform offering working capital via accounting software, POS, and payment integrations. Direct competitor on the embedded-finance distribution model, particularly in the UK and Europe.

Broad incumbents

• Stripe Capital: Stripe's embedded SMB lending product offers cash advances to merchants on the Stripe payment platform. Indirect competitor but at much greater scale; represents the strategic threat of incumbent payment platforms building their own embedded credit.
• Shopify Capital: Shopify's merchant cash advance product for Shopify merchants. Comparable product mechanics (RBF, repaid via Shopify payments) and represents the in-house embedded-finance model that platform partners could emulate.
• Square Capital / Block: Square's (Block's) working capital product offers SMB cash advances to Square sellers. Competes in the same embedded merchant cash advance category and operates at substantially larger scale.
• Funding Circle: UK-listed SMB lending platform offering term loans and working capital to small businesses. Less embedded in payment platforms but comparable SMB target market and product overlap.

Emerging players

• Modal: US-based embedded lending infrastructure platform enabling SaaS platforms to offer SMB credit products via API. Competes in the same embedded-finance infrastructure layer as Liberis, particularly for vertical SaaS partners.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/liberis_
• Facebookfacebook.com/LiberisUk
• LinkedInlinkedin.com/company/liberis1
• Instagraminstagram.com/liberisfinance

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries1 record

Funding overview

Funding rounds9 records

Investors12 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Liberis