← State of Embedded Finance 2026

Deliveroo

Can Deliveroo leverage its marketplace data and order flow to become the financial services OS for restaurant and rider livelihoods — turning delivery infrastructure into embedded capital, insurance, and payment products?

Founded2013
HQLondon, United Kingdom
Total raised$1.7B+ (pre-IPO)
Latest roundPost-IPO Equity
Valuation~$12.2B (IPO range, March 2021)
IndustryMarketplace / Food delivery
The story

Founded in 2013 as a pure food-delivery marketplace in London, Deliveroo rapidly expanded across Europe and the Middle East, backed by Amazon and multiple VC rounds. The company IPO'd on the LSE in 2021 but suffered a disappointing debut amid gig-economy concerns. Following acquisition by DoorDash in 2024, Deliveroo has leaned further into embedded finance — adding Klarna BNPL for consumers, rider insurance via Qover and Marsh/Chubb, and in early 2026 launched Deliveroo Capital (MCA funding for restaurant partners via Liberis), mirroring the embedded lending playbook used by DoorDash, Uber Eats, and Shopify.

Last 12 months
2026-02
2026-03
2024-11
Product timeline
2013
Founded as Roofoods Ltd, launching food delivery marketplace in London.· pivot
2019
Raised $575M Series G led by Amazon, reaching $1.5B total funding.· banking
2021
IPO on London Stock Exchange (LSE: ROO), valued at up to $12.2B; shares fell ~30% on debut.· ipo
2022
Partnered with Klarna to offer BNPL (Pay Now, Pay in 30, Pay in 3) at checkout.· lending
2024
Acquired by DoorDash, Inc.; Deliveroo becomes part of DoorDash group.· acquisition
2026
Launched Deliveroo Capital, a merchant cash advance product powered by Liberis, for UK restaurant partners.· lending
Regulated entities
Public listed company
UK (LSE) · 2021
Deliveroo plc
In the press
embeddedfinancereview.com ↗
Coverage sourced from Embedded Finance Review — a content partner for this report. All articles are © their original authors; click any card to open the source.
◇ article2026-02-17
MrBeast buys a bank + Deliveroo and Fresha launch embedded lending
MrBeast acquires teen banking app Step. Fresha launches embedded lending with Adyen across seven markets. Deliveroo enters UK merchant funding with Liberis.
Source · Embedded Finance Review ↗
◇ article2026-02-16
Deliveroo Launches Merchant Funding in the UK with Liberis
Deliveroo partners with Liberis to launch merchant funding for UK restaurants. Every major food delivery platform now offers embedded lending.
liberis
Source · Embedded Finance Review ↗
The stack
Payments / PSP
Stripe
Lending
LiberisDeliveroo Capital (Merchant Cash Advance)
Insurance
Zego
Accounting gap: none