Kriya (company)
Kriya (formerly MarketFinance Limited and MarketInvoice Limited) is a British business finance lender, specialising in invoice finance, business loans and embedded finance. It is described as a FinTech company.

Description 
The company is based in London. To date, it has facilitated approximately £20 billion of B2B payments and advanced approximately £3 billion in credit to UK SMEs.

The company has a partnership with Barclays bank.

History 
Anil Stocker has served as CEO and Cofounder since the company began and Ilya Kondrashov as Cofounder and Chairman of the Risk Committee. Giles Andrews OBE was appointed the first chairman of the company in 2017.

In 2013 the British Business Bank, began funding businesses through their platform.

On 12 November 2019, MarketInvoice was renamed MarketFinance as it launched a new business loans product.

In 2021 the company was accredited under the Recovery Loan Scheme (RLS). It was also accreddited with under the Coronavirus Business Interruption Loan Scheme (CBILS), having lent £250m to companies across the UK.

In November 2022 the company was renamed to Kriya.

Financing 
Kriya's history of obtaining finance is as follows:

Products & customers 

In 2017 the company released a Confidential Invoice Discounting facility that would allow businesses to upload their entire invoice book to borrow against. In 2018 Kriya launched a business loan product followed by an embedded finance product in 2021.

Investors fund businesses through Kriya's platform. These investors include institutional investors as well as regional funds and banks.

In 2018 Portugal's bank Banco BNI Europa and the German Varengold Bank announced that they would lend £90m and £45m respectively through Kriya's platform.

In 2018 Kriya announced a partnership with Barclays bank to provide invoice finance to Barclays' business customers.

Reception 
Kriya was featured in the Sunday Times Tech Track 100 ‘Ones to Watch’ list in 2017 and 2018. It won an Excellence Award for Most Innovative Invoice Financing Solutions in 2018.

References 

Financial services companies established in 2010
Financial services companies of the United Kingdom
Information technology companies of the United Kingdom
British companies established in 2010