Qred and Liberis Will Join Forces to Create a Market-Leading Global Platform for SMB Financing
STOCKHOLM & LONDON--(BUSINESS WIRE)--Nordic Capital today announces an agreement to acquire Liberis, a leading global embedded finance platform, and further invest in Qred, one of Europe's foremost digital small business banks. This brings two businesses together to create a leading global platform for small and medium sized business (SMB) financing. SMBs represent over 99% of all businesses and account for the majority of private-sector employment across Europe, while generating nearly half of.