Dublin-based Wayflyer, a unicorn that provides revenue-based financing and growth platform for e-commerce businesses, announced on Thursday that it has secured $200M (approximately €199M) debt and $53M (approximately €52.7M) mezzanine financing from Credit Suisse.
The Irish company says it will use the additional debt facility to develop its platform further and quickly provide eCommerce businesses funding. It will utilise the amount to improve its liquidity and support its ambition to offer the most competitive rates to its customers, particularly in the US and Western Europe.