Liber Capital

What Liber Capital does

Liber Capital is a Brazilian B2B fintech founded in 2017 that operates a receivables anticipation marketplace connecting large enterprise anchor companies with their SME suppliers. The platform facilitates the prepayment of receivables (duplicatas, notas comerciais, CCBs, credit card receivables) at competitive rates by routing credit requests through a multifunder network of 70+ banks and funds for simultaneous price discovery. Liber reports R$124 billion+ in accumulated credit transacted, R$2 billion+ in monthly volume, R$5 billion+ in current portfolio, and 100+ anchor clients, with R$12 billion+ granted to PMEs (small and medium enterprises) in 2023 alone.

The company's core technology is LIA (Líber Inteligência Artificial), a proprietary AI engine integrated across all credit products. LIA powers credit scoring, risk-based pricing, limit allocation, conversational supplier outreach, and generative AI-driven credit model construction. The platform connects via ERP integration and supports a Growth Desk structure combining human service with AI to drive program utilization above 80%. Core products span three pillars: FIDC Proprietário (proprietary credit fund consulting for treasury), Supplier Finance (accounts payable-side receivables anticipation), and Accounts Receivable solutions (Vendor Finance, Cessão de Duplicatas, Sacado Invertido for the receivables side).

Liber Capital generates revenue through transaction fees and marketplace commissions on credit volume facilitated, supplemented by professional services fees for FIDC consulting and management. The company operates a sales-led B2B motion targeting large enterprises with dedicated customer success teams, while distributing credit risk across a broad multifunder network. Recent strategic moves include the 2022 merger with Bava that brought Marcelo Serfaty (ex-BNDES) as CEO, the acquisition of Adianta, and a 2024 partnership with Infracommerce to expand into B2B e-commerce.

Name

Liber Capital

Legal name

Liber Capital S/A

Website

https://libercapital.com.br

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

B2B Receivables and Supply Chain Finance Marketplace

NAICS

Nondepository Credit Intermediation (5222), Credit Intermediation and Related Activities (522), Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Loan Brokers (6163), Miscellaneous Business Credit Institution (6159), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

SME Lending & Working Capital Platforms (FSAGAJAA)

akta.pro secondary industries

SME Credit Risk, Underwriting & Financial Data (B2B Fintech Data/Decisioning) (FSAGAJAM), P2P Small Business / SME Marketplace Lending (FSAKAHAC)

Keywords

• Receivables anticipation
• B2B credit marketplace
• Supply chain finance
• Credit investment funds
• AI credit scoring

Headquarters

HQ city

São Carlos Do Pinhal

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Receivables Anticipation Fees: Platform fees charged on the anticipation of receivables (duplicatas, notas comerciais, CCBs, CRs, credit card receivables) between anchor companies, suppliers, and investors. Revenue generated as a take rate or transaction fee on the credit volume facilitated through the marketplace.
2. FIDC Proprietário Consulting & Management: Credit consulting and management services for proprietary FIDC (Fundo de Investimento em Direitos Creditórios) structures, specializing in product and service supply chains covering accounts payable and receivable for multiple financial assets.
3. Marketplace Intermediation: Connecting large companies to credit-evaluated suppliers through a marketplace model, with revenue derived from the volume of credit facilitated — over R$17.2 billion moved through the platform in 2022.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Liber Capital operates an online B2B credit marketplace that connects large enterprise anchor companies, their SME suppliers, and a network of more than 70 banks and investment funds for the anticipation of receivables (duplicatas, notas comerciais, CCBs, credit card receivables). Its offerings center on three pillars: FIDC Proprietário (proprietary credit fund consulting and management), Supplier Finance (receivables anticipation for suppliers of anchor companies), and Accounts Receivable Solutions (Vendor Finance, Cessão de Duplicatas, Sacado Invertido). The platform is unified by a proprietary AI engine, LIA, which powers credit scoring, risk-based pricing, automated limit allocation, and conversational supplier outreach.

Product overview

Líber Capital operates a unified B2B credit ecosystem consisting of a proprietary technology platform with integrated AI (LIA) and three main product pillars: (1) FIDC Proprietário - proprietary credit fund consulting for accounts payable and receivable; (2) Supplier Finance - accounts receivable anticipation for suppliers; and (3) Accounts Receivable Solutions - credit for customers including Vendor Finance, Cessão de Duplicatas, and Sacado Invertido modules. The platform connects large anchor companies with suppliers and customers through multiple financing sources, supported by LIA AI for credit pricing, active prospecting, and conversational support.

Differentiator

Problem solved

Functional benefit

Brands

• LIA: AI system integrated into all credit solutions, leveraging generative AI for credit model construction and improvement, and conversational support for customers and suppliers

Products and services

• FIDC Proprietário Proprietary Credit Investment Fund (FIDC) consulting and management service specialized in product and service supply chains, covering accounts payable and receivable for multiple financial asset types including duplicatas, CCBs, CRs, and credit card receivables. Designed for corporate treasuries seeking tax efficiency, structuring, orchestration, and capital autonomy.
• Supplier Finance Receivables anticipation program for suppliers of large anchor companies, providing immediate liquidity, competitive pricing, ERP integration, and active supplier prospecting with utilization levels above 80% via the Growth Desk structure. Designed for anchor enterprises seeking to extend payment terms sustainably while giving their SME suppliers access to credit.
• Para seu contas a receber (Accounts Receivable Solutions) Credit solution bundle enabling companies to offer their customers larger credit limits and longer payment terms to buy more, without taking default risk onto their balance sheet. Includes risk-based rates, pre-approved limits, and immediate receivables, delivered via Vendor Finance, Cessão de Duplicatas, and Sacado Invertido modules.
• Vendor Finance Financing program for distributed buyers that boosts sales with pre-approved credit lines, larger limits, and extended terms, with no default risk for the selling company. Uses Liber's AI-based scoring engine to analyze limits, terms, and rates for new clients in up to 60 seconds.
• Cessão de Duplicatas Multifunder portal for anticipation of receivables (duplicatas) against large clients, providing agile and efficient access to credit through simultaneous quotations from the network of 70+ financing partners.
• Sacado Invertido Pre-invoicing credit program that enables commercial operations with large clients by providing credit before invoicing, allowing the supplier to fund production or delivery while the anchor client commits to the transaction.
• LIA (Inteligência Artificial da Líber) Proprietary AI platform integrated across all Liber Capital credit solutions, using generative AI to construct and improve credit models, perform risk-based pricing, automate limit allocation, and run conversational supplier outreach and customer support at scale.

Quantifiable outcome

• Program utilization levels above 80% achieved with Growth Desk AI-coupled structure
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core, flagship and minor.

• InfracommercecoreGTM or Marketing Partner · 1 March 2024Infracommerce and Líber announced a partnership to expand credit access for PMEs (small and medium enterprises) in B2B e-commerce. The partnership enables Infracommerce's network of sellers to access Líber's credit solutions, facilitating working capital and receivables financing within the e-commerce supply chain.
• BavaflagshipStrategic or Co-development PartnerLíber and Bava announced a merger/fusion, bringing Marcelo Serfaty (former BNDES board member) as CEO of the combined entity. The merger combines Bava's capabilities with Líber's credit ecosystem to create a stronger B2B credit platform.
• ABAD (Associação Brasileira de Atacadistas e Distribuidores)minorGTM or Marketing PartnerLíber is a partner of ABAD, providing credit solutions to ABAD's member companies (wholesalers and distributors) to optimize their supply chain finance operations.
• AbradilanminorGTM or Marketing PartnerLíber is a Sócio Colaborador (collaborating member) of Abradilan, offering credit and supplier finance solutions to Abradilan's member companies.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Kanastra: Brazilian fintech operating a receivables and credit platform for B2B supply chains, directly competing with Liber Capital's supplier finance and cessão de duplicatas offerings. Targets similar SME supplier and anchor enterprise customer base.
• Conta Simples: Brazilian B2B fintech platform offering corporate accounts, expense management, and credit/working capital products to SMEs. Competes with Liber on SME-side financial services and B2B credit.
• Flow Finance: Brazilian supply chain finance platform connecting large corporates to suppliers via receivables anticipation. Closely comparable business model to Liber's supplier finance and multifunder marketplace.
• Banco Pine: Brazilian commercial bank with significant FIDC (Credit Rights Investment Fund) operations and corporate credit focus. Direct competitor in the Brazilian FIDC and receivables structuring space.
• Cora: Brazilian B2B digital banking and fintech platform serving SMEs with accounts, payments, and credit products. Overlaps with Liber's Vendor Finance and accounts receivable solutions for the PME segment.

Emerging players

• Hash: Brazilian B2B financial platform offering credit and payments solutions to SMEs and corporates. Emerging fintech with partial overlap to Liber's accounts receivable and supplier financing use cases.

Broad incumbents

• Creditas: Larger Brazilian fintech offering secured consumer and B2B lending, including payroll loans and home equity. Broader portfolio but overlaps with Liber's collateral-based SME credit offerings.
• C6 Bank: Brazilian digital bank with growing SME and business banking offerings. Overlaps with Liber in providing credit products and working capital solutions to Brazilian SMEs.
• Itaú Unibanco: Largest private Brazilian bank with extensive factoring, FIDC, and supply chain finance operations. Competes broadly with Liber on receivables anticipation, especially via large enterprise treasury relationships.
• B3: Brazilian stock exchange operating fixed income and FIDC registration/trading infrastructure. Adjacent incumbent serving the FIDC ecosystem Liber Capital operates in via its proprietary fund.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/liber-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds3 records

Investors3 records

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

M&A1 record

Investments

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

Frequently asked questions about Liber Capital