Worldpay and Liberis Extend Partnership to Offer SMEs Innovative, Personalized Finance Solutions, Addressing a $5.2 Trillion Global Funding Gap

Liberis, a leader in embedded business finance solutions, announced a two-year extension of its strategic collaboration with Worldpay, a global leader in e-commerce and payment processing technology and solutions.  Worldpay Working Capital (in the US) and Worldpay Business Finance (in the UK) empowers small and medium-sized enterprises (SMEs) by providing easy access to personalised, revenue-based finance options[2].

Collaborating with Liberis will support Worldpay in its work to close the increasing funding gap being experienced by SMEs. According to the International Finance Corporation, the global funding gap for SMEs currently stands at approximately $5.2 trillion1.

Together Worldpay and Liberis are focused on providing a best-in-class merchant experience through embedded lending. By integrating third party transactional data into the lending decision, Worldpay merchants are pre-approved for financing, reducing their fear of rejection.

The extended association also enables further innovation to transform how merchants apply for secure funding with a more accessible and seamless process.  Through a single API integration with Liberis, Worldpay will be able to provides its merchants the ability to apply and access funding up to $1m with a simple 4 click application experience, subject to approval.

“We understand the unique challenges SMEs face when securing financing, and our collaboration aims to address those challenges head-on,” said Rob Straathof, CEO of Liberis. “With our combined reach and resources, we can provide SMEs with the flexible and personalised financial solutions they need to thrive in today’s competitive business landscape. This collaboration demonstrates the strong commitment of Liberis and Worldpay to closing the SME funding gap that is holding up not only these companies but the wider world economy as a whole.”

Seamus Smith, EVP Group President at FIS said: “Embedded finance is a key pillar of growth for Worldpay. The embedded finance opportunity is expected to reach US$606b in 2025[3], and working with partners like Liberis is essential to enabling Worldpay to capture our share while at the same time providing the best and most relevant products and services to our customers. Consumers want what they want, when and where they want it.” 

Liberis has provided over $1bn in financing through over 60,000 transactions across Europe, the USA, and the UK.