WayflyerCredit Suisse provided a $200m debt financing facility to e-commerce platform ‘Revenue Based Financing and Growth Platform for eCommerce Businesses in Dublin, Ireland.
The company also signed a $300m loan line with J.P. Morgan in January. It plans to use these funds to support additional origination. This will allow it to provide quick funding for eCommerce businesses and increase liquidity to offer customers competitive rates in the U.S. and Western Europe.
Wayflyer was founded in September 2019 and is currently led by Aidan Corbett as CEO. They specialize in funding eCommerce businesses and helping them to solve their working capital problems.
Its free analytics platform analyzes marketing performance daily, giving eCommerce businesses analytics and granular recommendations to improve performance.