Wayflyer, a Dublin, Eire, revenue-based financing and progress platform for eCommerce companies, secured $200m (plus $53m mezzanine) debt financing facility from Credit score Suisse.

The corporate, which additionally agreed a $300m debt line with J.P. Morgan earlier this yr, intends to make use of the funds to assist additional origination, enabling it to rapidly present funding to eCommerce companies, and enhance liquidity to supply aggressive charges to its prospects, within the U.S, and Western Europe. 

Based in September 2019, and led by Aidan Corbett, CEO, Wayflyer specialises in offering funding to eCommerce companies, serving to them clear up working capital issues and seize new alternatives resembling buying further inventory, hiring expertise or enhancing the profitability and resilience of their enterprise. 

Its free analytics platform additionally analyzes advertising efficiency every day, equipping eCommerce companies with analytics and granular suggestions designed to enhance efficiency. 

FinSMEs

01/09/2022