Leveris Strengths, Domain Expertise, and Key Differentiators
"Leveris is a digital banking platform that is entirely software-based, sits in the cloud, and is completely independent of legacy core banking technology. The platform enables banks and non-banking firms to offer a wide variety of retail banking products.
These include current accounts, deposit and savings accounts, multi-currency accounts, payments and direct debits, debit card cashback, personal loans, and mortgages. It also offers fraud monitoring, real-time notifications, mobile and web channels, and back-office servicing interfaces."
Leveris Recent Developments
In June 2021, LEVERIS partners with Marqeta to bring modern card issuing to its core banking platform
Leveris Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Leveris applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Leveris and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified LEVERIS Digital Banking Platform customers.
Leveris Overview
Ownership: - x
Number of Employees: 160
Functional Markets: ERP Financial, ERP Services and Operations Management,
Key Verticals: Banking and Financial Services, Consumer Packaged Goods, Retail,
Leveris Key Enterprise and Cloud Applications
LEVERIS Digital Banking Platform
Leveris Revenues, $M:
| Type/Year | 2020 | 2021 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Leveris Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Leveris Enterprise Applications Revenues By Functional Markets, $M:
Leveris Enterprise Applications Revenues By Verticals, $M:
Leveris Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Leveris Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Leveris Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Leveris Customers
No. of Leveris Customers: x
No. of Leveris Enterprise Applications Customers: x
No. of Leveris Cloud Customers: x
No. of Leveris Cloud Subscribers: x
Irish digital banking platform LEVERIS has expanded into a new market. The startup has enabled major financial services firm Link Group to enter the Dutch market and is now executing loans and servicing millions of euros for three Link Group clients.
Since deployment, the LEVERIS Digital Banking Platform has helped deliver a 70% reduction in average application to drawdown time, enabled the onboarding of additional lenders to the platform in less than four weeks, and delivered a significant reduction in operational costs for Link Group.
Leveris Market Opportunities, M&A and Geo Expansions
Leveris felt the impact of Covid last year, however, Leveris had used the time to further develop its banking platform, form new strategic partnerships and do longer-term planning. The company saw losses mount and revenues but, Leveris focus currently is North America, where it sees big opportunities. In 2021, Leveris is looking at the US as a key expansion market. Channel partners have become and will continue to be a major feature of its growth.
In August 2018 Leveris secures investment of 15 million euros from Link Asset Services, part of the Link Group, has invested in Ireland-based core banking firm Leveris. As opportunities in the banking sector emerge where new technologies and falling barriers to entry continue to transform the financial services landscape, strategically for Link Group, the Leveris platform will be used for their banking and credit management clients on an outsourced basis.
Alongside new regulations from the Financial Conduct Authority (FCA) and Competitions and Market Authority (CMA) banks are now able to move from reactive to predictive behavior and services, enabling them to better serve their customers.
Leveris Risks and Challenges
Leveris saw losses mount and revenues fall in the year prior to the Covid crisis. Recently filed accounts show turnover fell from $9.8 million to $2.5 million in 2019 while pretax losses rose to $3.7 million from $2.4 million a year earlier.
Expanding into a wider global market, outside of Europe, could be a challenge.
Leveris Ecosystem, Partners, Resellers and SI
Mostly direct sales.
Leveris Cloud Infrastructure Insights
Subscribe to read more about:
- Leveris Public Cloud and Infrastructure (IaaS)
- Leveris Platform (PaaS)
- Leveris Application Delivery
- Leveris Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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