Liberis teams up with DNA Payments to fund merchant customers

Apr 2023

Liberis partnered with DNA Payments to provide revenue-based finance to over 65k of their merchant customers across the UK and Europe.

In a continued expansion within the SME market, leading embedded finance provider, Liberis, has announced that they will be working with DNA Payments. Liberis will be analysing data from DNA Payments to offer pre-approved funding to over 65,000 of their merchant customers in the UK and Europe.

DNA Payments provide high-quality customer and payments experiences to businesses, helping them receive payments online or via card terminals. Looking to support their SME customer base of 65,000, and growing, they sought to work with Liberis to provide embedded finance solutions as an additional service to their customers.

Lloyd Hutchinson, CCO at DNA Payments commented, “We wanted to increase the lifetime value that we can offer our customers, and the next step was to support them with their funding needs. With a trusted provider such as Liberis leading this expansion to our services, we are able to take away the confusion that our customers face when looking for reputable, reliable, and efficient funding options.”

The partnership will see integrated payment and lending options offered as an additional service within DNA Payments’ platform, with their customer data being optimised and analysed by Liberis to offer personalised funding options. These solutions will be white labelled within the platform and will ensure customers can access funding sources they trust and recognise.

Pedram Tadayon, CCO of Liberis, commented, “We’re incredibly proud to be offering our embedded finance services to DNA Payments, one of the UK’s fastest growing payment providers. Their dedication to their customers, a majority of whom are small business owners, is something that we are passionate about at Liberis – so the partnership is a perfect match.”

 

About Liberis

Liberis builds flexible embedded finance solutions that empower businesses and provide positive impact. Founded in 2007, Liberis is a leading global embedded finance platform with a mission to provide small businesses with accessible and responsible finance, based on the belief that funding should always be a positive force for small businesses. Liberis provides partners with the technology platform and financial solutions to offer hyper-personalised and accessible funding, empowering their small business customers to grow their revenues.

With over 15 global strategic partners and direct reach to more than 1 million small businesses, Liberis has provided nearly $1bn of funding in over 45,000 transactions, enabling over 100,000 jobs to be created and saved. Liberis’ revenue-based finance is a form of receivables finance, not a loan. Amounts advanced are subject to status and our underwriting process before any offer can be made. https://www.liberis.com/

 

About DNA Payments

DNA Payments Limited, founded by Arif Babayev and Nurlan Zhagiparov, is one of the largest independent, fully vertically integrated omnichannel payments companies in the UK and EU. DNA Payments Group includes an in-house Gateway, which services large corporates and medium-sized businesses and a number of ISOs, providing services to SME customers. It is also one of the largest PaaS and SaaS services providers to multinational Acquirers and Banks.

With headquarters in London and several hubs across the United Kingdom, DNA Payments Limited is authorised and regulated by the Financial Conduct Authority to provide payment services under the Payment Services Regulations 2017.

In a continued expansion within the SME market, leading embedded finance provider, Liberis, has announced that they will be working with DNA Payments. Liberis will be analysing data from DNA Payments to offer pre-approved funding to over 65,000 of their merchant customers in the UK and Europe.

DNA Payments provide high-quality customer and payments experiences to businesses, helping them receive payments online or via card terminals. Looking to support their SME customer base of 65,000, and growing, they sought to work with Liberis to provide embedded finance solutions as an additional service to their customers.

Lloyd Hutchinson, CCO at DNA Payments commented, “We wanted to increase the lifetime value that we can offer our customers, and the next step was to support them with their funding needs. With a trusted provider such as Liberis leading this expansion to our services, we are able to take away the confusion that our customers face when looking for reputable, reliable, and efficient funding options.”

The partnership will see integrated payment and lending options offered as an additional service within DNA Payments’ platform, with their customer data being optimised and analysed by Liberis to offer personalised funding options. These solutions will be white labelled within the platform and will ensure customers can access funding sources they trust and recognise.

Pedram Tadayon, CCO of Liberis, commented, “We’re incredibly proud to be offering our embedded finance services to DNA Payments, one of the UK’s fastest growing payment providers. Their dedication to their customers, a majority of whom are small business owners, is something that we are passionate about at Liberis – so the partnership is a perfect match.”

 

About Liberis

Liberis builds flexible embedded finance solutions that empower businesses and provide positive impact. Founded in 2007, Liberis is a leading global embedded finance platform with a mission to provide small businesses with accessible and responsible finance, based on the belief that funding should always be a positive force for small businesses. Liberis provides partners with the technology platform and financial solutions to offer hyper-personalised and accessible funding, empowering their small business customers to grow their revenues.

With over 15 global strategic partners and direct reach to more than 1 million small businesses, Liberis has provided nearly $1bn of funding in over 45,000 transactions, enabling over 100,000 jobs to be created and saved. Liberis’ revenue-based finance is a form of receivables finance, not a loan. Amounts advanced are subject to status and our underwriting process before any offer can be made. https://www.liberis.com/

 

About DNA Payments

DNA Payments Limited, founded by Arif Babayev and Nurlan Zhagiparov, is one of the largest independent, fully vertically integrated omnichannel payments companies in the UK and EU. DNA Payments Group includes an in-house Gateway, which services large corporates and medium-sized businesses and a number of ISOs, providing services to SME customers. It is also one of the largest PaaS and SaaS services providers to multinational Acquirers and Banks.

With headquarters in London and several hubs across the United Kingdom, DNA Payments Limited is authorised and regulated by the Financial Conduct Authority to provide payment services under the Payment Services Regulations 2017.