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Liberis And Paytrail Partner To Offer Revenue-based Financing To E-commerce Businesses In Finland
Liberis, the leading global embedded finance platform announced today, a partnership with Paytrail, the leading Finnish online payment service provider. Paytrail Financing, powered by Liberis, is designed to offer e-commerce businesses in Finland revenue-based financing within a simple 4-click journey.
Revenue-based finance is not yet a staple in Finland despite its benefits to small and medium-sized businesses (SMBs). The introduction of Paytrail Financing into the Finnish market will provide Finnish SMBs with the funding they need in as little as 48 hours. More importantly, the flexible payment structure will work in line with their revenue, ensuring they only pay when their customers pay them.
“It’s our mission to help small businesses access the money they need to unlock short-term growth opportunities,” said Rob Straathof, CEO of Liberis. “Our partnership with Paytrail will offer fast, flexible and pre-approved funding to around seven thousand merchants in Finland, strengthening our position in the Nordics.”
Joni Rautanen, COO of Paytrail adds, “Partnering with Liberis enables us to offer additional services to our merchants to help them grow their businesses at pace. Following a fast and smooth implementation with Liberis, we will be able to provide funding that counts, when it matters to our customers.”
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