HomeBankingWayflyer: Announcing $253mn debt financing from Credit Suisse

Wayflyer: Announcing $253mn debt financing from Credit Suisse

Date:

UK Tribunal Rules Visa and Mastercard Interchange Fees Breach Competition Law

Landmark decision finds payment giants’ multilateral interchange fees unlawful,...

Spendbase Launches Digital Banking Platform and Virtual Cards for Businesses

Spendbase expands its financial platform with new digital banking...

FIS and Visa Partner to Help Regional and Community Banks Offer Fintech Services

FIS collaborates with Visa to empower regional and community...

Wayflyer: Announcing $253mn debt financing from Credit Suisse

  • Wayflyer is to help eCommerce businesses to grow no matter the obstacles they face
  • Secured a $200mn (plus $53mn mezzanine) debt financing facility from Credit Suisse
  • Enabling it to quickly provide funding to eCommerce businesses helping them fuel growth
  • It will also allow to improve liquidity and support its ambition to offer the most competitive rates to its customers
  • Its disciplined underwriting model and position as a leading partner to some of the largest financiers in the world
  • Specialises in providing funding to eCommerce businesses, helping them solve critical working capital problems that can constrain growth
Exit mobile version