back Back

Wayflyer secures $253m debt financing from Credit Suisse

By Edlyn Cardoza

September 06, 2022

  • Cashflow
  • Credit Suisse
  • Debt Financing

Wayflyer, e-commerce, Credit Suisse, Debt Financing, Cashflow, Liquidity, J.P. Morgan, Underwriting, EuropeWayflyer, the revenue-based financing and growth platform for e-commerce businesses, has secured a $200 million (plus a $53 million mezzanine) debt financing facility from Credit Suisse.

Wayflyer will use the additional debt facility to support other origination, enabling it to quickly provide funding to e-commerce businesses helping them fuel growth, improve cash flow and drive sales. It will also allow Wayflyer to improve liquidity and support its ambition to offer the most competitive rates to its customers in the U.S and Western Europe. 

Wayflyer is proud of the firm’s robust business model, disciplined underwriting model, and its position as a leading partner to some of the most prominent financiers in the world. Wayflyer also agreed to a $300 million debt line with J.P. Morgan earlier this year.

Wayflyer specialises in funding e-commerce businesses, helping them solve critical working capital problems that can constrain growth. By improving cash flow its customers can seize new opportunities such as acquiring additional stock, hiring talent or simply improving the profitability and resilience of their business. 

Aidan Corbett, Co-Founder and CEO of Wayflyer, comments: “Now, more than ever, eCommerce businesses need access to fair, flexible and affordable funding solutions from a trusted and resilient partner. At a practical level, this deal helps support our objective to offer the fairest terms and the best rates to our customers while advancing Wayflyer’s unwavering commitment to being a trusted partner, irrespective of the impact of wider economic conditions on the market.”

Previous Article

September 05, 2022

4 FinTech money transfer companies in the USA

Read More
Next Article

September 06, 2022

Apex Group appoints Akshay Thakurdesai as India Country Head

Read More

IBSi Daily News Analysis

cashless payments

November 30, 2023


Majority of travellers prefer cashless transactions in APAC, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


ADGM launches Numou, an SME financing digital platform

Read More

November 29, 2023

Prop Trading FinTech Fintokei expands its footprint in Europe

Read More

November 23, 2023

BCB Group welcomes Oliver Tonkin as new CEO

Read More

Related Reports

Sales League Table Report 2023

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q2 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q3 2023

£1,500.00 / year

Know More
Next-Gen Debt Collection Systems Growing Importance of Collections Q4 2023

£500.00 / year

Know More
Treasury & Capital Markets Systems Report Q3 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023