article thumbnail

B2B Lender Liberis Raises £32M

PYMNTS

Liberis , a London-based FinTech that lends to small- to medium-sized businesses (SMBs) for future credit and debit card sales, has raised £32 million (more than $42 million), according to City A.M. The round was led by investment firm FTV Capital. The FinTech has offices in Denver, London and Stockholm. Europe and the U.K.

Denver 131
article thumbnail

5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Dawn Of A Cashless Global Economy?

PYMNTS

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. adults still prefer to use cash for purchases under $5, while 22 percent use debit cards and 11 percent use credit cards.

Taxes 100
article thumbnail

Mobile Payments: Adornments For the U.S., mVisa For The Unbanked In Nigeria

PYMNTS

Consultants will don a Bluetooth reader that pairs with Apple iOS or Android smartphones or tablets, to accept payment of credit and debit cards. According to an OPER press release, the company plans to use the capital to expand into new geographic areas – namely, Denver and Los Angeles. Mary Kay has 3.5 for about four years.

Mobile 100
article thumbnail

Top 33 Digital Lenders to U.S. Small Businesses (SMB) in Nov 2021

Fintech Labs Insights

CAN Capital. Lighter Capital. CAN Capital. Lighter Capital. HQ: Denver. Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021). Fundera (NerdWallet). Biz2Credit. Pittsburgh. Forward Line. IOU Financial. P2Binvestor. Channel Partners. Minneapolis. Rapid Finance. Bethesda, MD. Lendinero.

Atlanta 15
article thumbnail

Top 33 Digital Lenders to U.S. Small Businesses (SMB) in Nov 2021

Fintech Labs Insights

CAN Capital. Lighter Capital. CAN Capital. Lighter Capital. HQ: Denver. Related: Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021). Fundera (NerdWallet). Biz2Credit. Pittsburgh. Forward Line. IOU Financial. P2Binvestor. Channel Partners. Minneapolis. Rapid Finance. Bethesda, MD.

Atlanta 15
article thumbnail

Top 33 Digital Lenders to U.S. Small Businesses (SMB) in Nov 2021

Fintech Labs Insights

CAN Capital. Lighter Capital. CAN Capital. Lighter Capital. HQ: Denver. Related Stories SMB Lenders: Kabbage Continues to Cook Under American Express Ownership SMB Charge Cards: Brex is the new Amex Watch 12 Fintech Startups Pitch at Startupbootcamp Amsterdam Demo Day (May 2021 update)). Biz2Credit.

Atlanta 15