- Fly Now Pay Later, a UK alternative payments provider, raised a further £10m ($14m) in Series A funding, bringing its total to £45m ($62m)
- The round co-led by asset management firms Revenio Capital and Taurus Wealth Advisors
- The company intends to use the funds to launch US and grow UK and German operations
- Founded by CEO Jasper Dykes, Fly Now Pay Later is a fintech company providing an alternative payments solution exclusively for the travel sector
- This enables customers to spread the cost of a trip over up to 12 monthly installments by partnering with travel merchants or directly to consumers through its Anywhere app
- Hundreds of travel companies use it to offer finance (from as little as 0% APR) to holidaymakers, who can make repayments in affordable scheduled installments
