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
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Crypto Network Mesh Hits Unicorn Status as Valuation Soars

The rapidly growing crypto network achieves a billion-dollar valuation milestone.Highlights: Crypto network Mesh achieved unicorn status after recent...

FCA Launches Pop-Up ATM to Warn Customers of Investment Scams

New initiative aims to educate the public on investment fraud risks. Highlights:FCA introduces a pop-up ATM to combat...

Lloyds Strengthens AI Strategy After Assessing Financial Value of Deployments

The bank plans to enhance its artificial intelligence capabilities further.Highlights: Lloyds assesses the financial value of its AI...

Santander Tightens Operations with Closure of 44 More Branches

The bank continues its restructuring as customer preferences shift to digital banking.Highlights: Santander is closing 44 more branches...