Wayflyer

Wayflyer provides non-equity working capital financing to growing businesses. Its products, as described on its website, include revenue-based financing with repayments tied to sales, a fixed-repayment term loan, and a continuous facility with a pre-approved credit limit. The company states it takes no equity and requires no personal guarantees.

Customers are growing businesses in eCommerce, Amazon selling, wholesale, retail, software and services. According to the website, the company charges a one-time fixed fee that is set before an offer is accepted, with no separate arrangement or early-repayment fees described. The website states that more than 7,000 businesses have been financed and over 6 billion euros deployed.

Wayflyer was founded in 2019 by Aidan Corbett and Jack Pierse, with its registered address in Dublin. The website lists offices in Dublin, London, New York, Charlotte and Sydney, and customers in 11 countries. Disclosed funding includes a 69m € Series A (2021), a 137m € Series B (2022) and a credit facility with J.P. Morgan. The careers page lists 400+ employees and open roles in engineering, sales and business development, credit risk data science and operations.

Product: Revenue-based financing, fixed-repayment term loans and a continuous facility with a pre-approved credit limit, offered to businesses without equity or personal guarantees.