Liberis provides revenue-based financing to Klarna merchants

Liberis has been selected by Klarna to provide revenue-based finance to ecommerce companies across 17 countries in Europe and beyond. Liberis has already financed over 17,000 small and medium-sized enterprises with over 575 million euros.

As a result of the partnership, Klarna will offer pre-approved revenue-based financing to the 250,000 ecommerce merchants worldwide that use the checkout and payment suite of Klarna.

Klarna can offer its merchant partners flexible financing solutions.

Payment terms based on revenue

“Now, through Liberis, Klarna can 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 companies explain.

Rob Straathof, CEO of Liberis, thinks the partnership will benefit everyone. “By making finance more personalized, intuitive and accessible, we in turn empower our partners to improve engagement, satisfaction and loyalty for their own customers.”

Merchants receive the funds within two business days of applying.

He adds that while the ‘Buy now pay later’ functionality of Klarna has allowed merchants to serve their customers for many years, Liberis is thrilled to expand this functionality by offering a flexible financing option, embedded within the Klarna platform.

Directly integrated into Klarna

The API-powered technology of Liberis will be integrated directly into Klarna’s platform. The Swedish payment company can then provide their end customers with revenue-based finance, with payment terms based on their actual transaction data. The pre-approved financing offers are displayed within the Klarna dashboard or app. Within two business days of applying, merchants can receive the desired funds.

All of the transactions for the financing – both receipt and payment – will take place within the merchant’s Klarna account.