← Embedded Finance Index 2026

Libertas Funding

“Can a technology-underwritten SMB lender capture the $500K–$10M growth-capital market by combining marketplace-API data ingestion with institutional private credit funding?”

Founded2016
HQGreenwich, CT
FoundersGary Katcher
Total raisedundisclosed (includes $100M credit facility from Victory Park Capital, Oct 2025)
Latest roundCredit Facility, 2025
IndustryFintech / Lending
The story

Founded in 2016 as a provider of revenue-based financing to SMBs, Libertas Funding initially targeted e-commerce and marketplace sellers using API-driven underwriting that connected to Amazon Seller Central, Shopify, eBay, and similar platforms. Over time, the firm expanded its product suite to include WebBank-issued term loans alongside proprietary revenue-based products, broadening its addressable market to $500K–$10M financing needs. The $100M Victory Park Capital credit facility in 2025 and the launch of the SuperB financing program signal a deliberate push into larger, institutionally-backed private credit for SMBs.

Last 12 months
2025-10
2026-04
2026-04
Product timeline
2016
Libertas Funding founded in Greenwich, CT as a provider of revenue-based financing and working capital solutions to SMBs.· lending
2022
Named to Inc. 5000 as one of the top 10 fastest growing companies.· pivot
2024
Expanded loan products to include WebBank-issued term loans alongside proprietary revenue-based financing, up to $10M.· lending
2025
Secured $100 million credit facility from Victory Park Capital to support SuperB financing program expansion.· lending
2025
John Paradisi promoted from COO to CEO in December.· pivot
2026
Ralph Scannell Jr. appointed Chief Operating Officer in April.· pivot
Regulated entities
8
regulatory licences held by Libertas Funding
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
2 layers disclosed in Libertas Funding’s embedded-finance stack
Lending
Revenue-based financing ($5K–$10M)Term loans (issued by WebBank)SuperB financing program
Sponsor bank
in the full report
Accounting gap: none
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.