News, Fintech

Modulr and Liberis reach the finals of the Credit Connect Awards

Modulr By Modulr on 3 September 2018   •   1 min read
<span id="hs_cos_wrapper_name" class="hs_cos_wrapper hs_cos_wrapper_meta_field hs_cos_wrapper_type_text" style="" data-hs-cos-general-type="meta_field" data-hs-cos-type="text" >Modulr and Liberis reach the finals of the Credit Connect Awards</span>

We’ve been named a 3 x finalist for our work with Liberis at the Credit & Collections Technology Award, hosted by the lending sector’s leading publication, Credit Connect.

The judges, who hail from the likes of Cifas and Deloitte, shortlisted the joint entries across the three categories: Finance Lending Solution, Payment Solution and Innovation in Credit.

Liberis’ innovative approach to funding small businesses is to take repayments as a fixed, agreed upon percentage of their customer card takings; rather than rigid monthly repayments. Businesses only repay their advances when their customers pay them – meaning repayments stay in line with revenue.

The ability to split card payments is one of Liberis’ unique selling points and that’s where we come in. Using our simple API integration, Liberis is able to automate the full splitting process, enabling the pay-as-you-go approach to funding SMEs.

The winners will be announced on Thursday 13th September at the Crowne Plaza, Stratford Upon Avon. Interested in joining us there? See full details here.