Wayflyer secures $253 million in debt financing from Credit Suisse

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Flyera Dublin, Ireland revenue-based funding and growth platform for e-commerce businesses, secured a $200 million debt financing facility (plus $53 million mezzanine) from Credit Swiss.

The company, which also agreed to a $300 million line of credit with JP Morgan earlier this year, intends to use the funds to support the creation, allowing it to quickly provide financing to companies from e-commerce and improve liquidity to offer competitive rates to its customers in the United States and Western Europe.

Founded in September 2019 and led by Aidan Corbett, CEO, Wayflyer specializes in financing e-commerce businesses, helping them address working capital issues and seize new opportunities such as acquiring additional inventory, l hiring talent or improving the profitability and resilience of their business.

Its free analytics platform also analyzes marketing performance on a daily basis, equipping e-commerce businesses with granular analytics and recommendations designed to improve performance.

EndSME

01/09/2022







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