Leveris Among Cloud Top 500

Block 1, Blackrock Business Park, Blackrock

Dublin, x, A94 D2W0, Ireland

n/a

https://www.leveris.com/

1260

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/Year20202021YoY 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:

TypeLicenseProf. ServicesHardwareSupport & MaintenanceSaaSPaaSIaaSOther (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 Revenues By Region, $M

Region% of Total Revenues2021 Total Revenues, $M2021 Enterprise Applications Revenues, $M2021 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

RegionDirect SalesIndirect SalesTotal
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

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  • 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).


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