Liberis lands $112m in debt funding round led by HSBC Innovation Banking
The debt round will help embedded business finance platform Liberis expand across Europe and North America
Liberis has secured $112m of debt funding from HSBC Innovation Banking and BCI Capital.
The embedded finance platform will use the cash for new country launches in Canada, Germany and Poland in 2024. It follows €30m debt financing from Silicon Valley Bank for European expansion and a £140m debt facility from Barclays Bank and BCI Finance, last year.
"The joint debt facility from HSBC Innovation Banking and BCI Capital allows Liberis to serve thousands more business owners with fair and frictionless funding through our partners using our embedded finance platform, Rob Straathof, CEO of Liberis, said.
"It enables us to extend our reach into new markets like Canada, Poland, and Germany. We are thrilled to be supported by our capital partners as we continue to serve businesses with innovative and flexible funding solutions," he added.
Founded in 2007, Liberis has recently pivoted more and more into the embedded lending space
Liberis' equity backers include Barclays, Blenheim Chalcot, and FTV Capital.