The funding is made up of $200m in debt and a $53m mezzanine facility and comes after it struck a $300m debt financing deal with JP Morgan in May.Wayflyer offers funding to ecommerce businesses, including early-stage firms and those looking to scale rapidly."Now, more than ever, eCommerce businesses need access to fair, flexible and affordable funding solutions from a trusted and resilient partner," said Wayflyer co-founder and CEO Aidan Corbett.
"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."