Wayflyer Secures $253M in Debt Financing from Credit Suisse


Wayflyer, a Dublin, Ireland, revenue-based financing and growth platform for eCommerce businesses, secured $200m (plus $53m mezzanine) debt financing facility from Credit Suisse.

The company, which also agreed a $300m debt line with J.P. Morgan earlier this year, intends to use the funds to support further origination, enabling it to quickly provide funding to eCommerce businesses, and improve liquidity to offer competitive rates to its customers, in the U.S, and Western Europe. 

Founded in September 2019, and led by Aidan Corbett, CEO, Wayflyer specialises in providing funding to eCommerce businesses, helping them solve working capital problems and seize new opportunities such as acquiring additional stock, hiring talent or improving the profitability and resilience of their business. 

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