Search company, investor...
Search
Leveris company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

leveris.com

Founded Year

2014

Stage

Corporate Minority | Alive

Total Raised

$18.01M

Last Raised

$17.39M | 4 yrs ago

About Leveris

Leveris has developed an end-to-end platform to allow financial institutions and fintech startups such as digital-only banks or challenger banks to run their services.

Leveris Headquarters Location

51 Belgrave Square

Dublin, D06 CK82,

Ireland

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Leveris

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Leveris is included in 3 Expert Collections, including Banking.

B

Banking

1,236 items

F

Fintech 250

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

F

Fintech

4,865 items

Track and capture company information and workflow.

Latest Leveris News

Leveris’s multimillion euro funding round nearly complete

May 14, 2021

Banking tech start-up targeting up to €100m for expansion into new markets 16 minutes ago       Banking technology company Leveris is close to completing a multimillion euro funding round with the financing to be used to fuel expansion in the US. The company, which has been targeting up to €100 million in funding, is looking to build on the back of increased demand for its technology during the Covid pandemic. Founded in 2016 by Conor Fennelly , Leveris has developed its own cloud-based retail banking and lending platform on which both traditional players and neobanks can offer their services, rather than building or updating their own systems. The company previously raised €25 million from the Australian financial services firm Linked Group in 2018 in return for a 13 per cent stake in a deal that valued it at more than €190 million. Mr Fennelly, the company’s chief executive, said that like most businesses, it had felt the impact of Covid last year. However, he said the company had used the time to further develop its banking platform, form new strategic partnerships and do longer-term planning. “From a business development perspective, we continued to sell our banking-as-a-service (BaaS) and sofware-as-a-service (Saas) products and have a growing pipeline with some new customers currently coming on board,” said Mr Fennelly. “On the industry front, one plus side of the pandemic is that it has been a catalyst for innovation, particularly within banking and financial services. The companies that will succeed in a post-pandemic world are those that were already fully digital and working on solutions to make their clients fully digital too, and Leveris is perfectly positioned in this category,” he added. The company late last year announced it had been chosen by Ceska Sportelna , the largest bank in the Czech Republic for its digital transformation programme. The bank has 4.5 million customers and nearly 10,000 employees working across about 450 branches. Leveris is headquartered in Dublin and has development centres in Prague, Brno and Minsk. It employs about 150 people in total. The company saw losses mount and revenues fall in the year prior to the Covid crisis. Recently filed accounts show turnover fell from €8.5 million to €2.17 million in 2019 while pretax losses rose to €3.2 million from €2.1 million a year earlier. Mr Fennelly said the company’s focus currently is North America , where it sees big opportunities “In 2021, we are looking at the US as a key expansion market. Channel partners have become and will continue to be a major feature of our growth and we have signed a number of key partnerships, one of which we’ll be announcing in the weeks ahead,” he said. “We’re looking forward to the second half of the year when we plan to close our next fundraise, explore new markets and continue to build strong relationships that will support our growth and scaling ambitions for the future,” Mr Fennelly added. Topics:

Leveris Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Leveris Rank

  • When was Leveris founded?

    Leveris was founded in 2014.

  • Where is Leveris's headquarters?

    Leveris's headquarters is located at 51 Belgrave Square, Dublin.

  • What is Leveris's latest funding round?

    Leveris's latest funding round is Corporate Minority.

  • How much did Leveris raise?

    Leveris raised a total of $18.01M.

  • Who are the investors of Leveris?

    Investors of Leveris include Link Market Services and Enterprise Ireland.

  • Who are Leveris's competitors?

    Competitors of Leveris include OpenFin, Cross River Bank, TrueLayer, Railsr, Deposit Solutions and 13 more.

You May Also Like

S
Synapse

Synapse develops a platform that helps banks and developers work together. The technology involves developer-facing APIs that allow companies to connect with banks to offer services, and also bank-facing APIs that allow banks to automate and extend back-end operations.

OpenFin Logo
OpenFin

OpenFin is a desktop operating layer that enables rapid and secure deployment, native experience and workspace interoperability. Banks and trading platforms use OpenFin to deploy desktop applications both in-house, and to their buy-side and sell-side customers. OpenFin was founded in 2010 and is based in New York, New York.

Fabrick Logo
Fabrick

Fabrick is a new open financial ecosystem that enables and fosters a fruitful exchange between players that discover, collaborate, and create innovative solutions for end customers, through an API platform. Fabrick presents the new way of doing banking: open, modular, and data driven. For banks and financial institutions, Fabrick represents a vast ecosystem of quality services to access in order to grow their business.

Cobase Logo
Cobase

Cobase offers a solution to companies that hold accounts with different banks by developing a multi-bank platform. The solution arranges direct connections with banks, open banking APIs or uses existing networks like SWIFT. In addition to worldwide bank connectivity, the platform's key features include a central payment hub and various cash management and treasury management modules.

Meniga Logo
Meniga

Meniga builds white-label personal finance management (PFM) and online banking solutions for retail banks. Meniga's digital banking platform helps banks use personal finance data to enrich their online and mobile customer experiences. Meniga has expanded its product offering to include data-driven card-linked offers, personalization, and other user-centric services designed to make online and mobile banking more engaging and useful. Banks can also use Meniga's technology to quickly introduce new services into their digital offerings.

TrueLayer Logo
TrueLayer

TrueLayer offers developers an easy way to access the bank data they need to build financial apps and services, helping startups and banks alike to drive products in financial services. TrueLayer supports account verification, KYC processes, and transactional data for account aggregation, credit scoring, and risk assessment.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.