Wayflyer Hits Unicorn Status, Raising $150m To Support eCommerce Businesses Globally
The Irish revenue-based financing and growth platform for eCommerce merchants has raised $150m in a Series B round, co-led by DST Global and QED Investors, giving Wayflyer a post-money valuation of $1.6bnQ4 2021 hedge fund letters, conferences and more Investment will be used to continue Wayflyer’s global expansion, in the US, across Europe, and into Asia, as well as allowing the business to hire world-class talent and expand its product offeringThe raise follows an intense period of growth for the business in 2021, in which cash advances grew more than 900% year-on-yearReturning investors inc...