Libres

Libres

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Leading businesses to better finance control. Learn more

Market cap
-
Enterprise valuation
$124—186m (Dealroom.co estimates Jan 2022.)
Springfield Illinois (HQ)
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DateInvestorsAmountRound
N/A

$500k

Seed

$1.5m

Seed

$9.5m

Series A

$31.0m

Series B
Total Funding$42.5m

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Libres Financial is a financial service provider specializing in business banking solutions. The company offers a suite of services designed to streamline financial operations for businesses, including free vendor payments, same-day ACH transactions, invoicing, and domestic payments. Clients can manage receipts and invoices seamlessly through a customized portal, allowing colleagues to upload documents and managers to approve payments instantly. Libres Financial serves small to medium-sized enterprises (SMEs) looking for efficient and hassle-free banking solutions. The company operates in the financial services market and partners with Choice Financial Group and Sutton Bank, both members of the FDIC, to provide banking services. Libres Financial generates revenue through service fees and exclusive offers tailored to business needs. The business model focuses on providing value-added services that enhance cash management and operational efficiency for its clients.

Keywords: business banking, vendor payments, ACH transactions, invoicing, expense management, SMEs, financial services, cash management, customized portal, team collaboration.