Revenue-based finance: Klarna and Liberis to provide flexible payment option to e-commerce companies

Numerous big fintech players are eyeing to better serve their business/merchant customers by offering new revenue-based financing services. This includes payments companies like Stripe and Worldpay. At this point in time, Sweden-based Klarna, the most highly valued startup in Europe has partnered with Liberis, the global embedded business finance platform to include revenue-based financing to its portfolio.

Through the new partnership, Klarna’s 250,000 merchants in 17 countries will have access to revenue-based financing from Liberis, through a direct integration into Klarna’s platform. They will be provided with a checkout and payment suite that enables their consumers to “buy now and pay later”. Notably, since its debut in 2007, Liberis has provided £500 million in financing to SMEs

Through Liberis, Klarna can also offer its merchant partners flexible financing solutions, pre-approved with fair and equitable payment terms that are based on their revenues and actual transactions.

The revenue-based funding options will be available immediately for global Klarna merchants in the coming months.

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