Wayflyer forecasts revenues of up to €70m as it hits profitability

Company shutters Peblo and set to target new verticals, including merchants selling via Amazon

Aidan Corbett, co-founder and chief executive of Wayflyer: “we're going to push into funding merchants and verticals that we haven't focused on previously that are still selling physical products”

Wayflyer, the Irish fintech that provides loans to e-commerce companies,  is forecasting revenues of between €40 million and €70 million this year after hitting profitability again last month.

Speaking to the Business Post, ahead of the company’s busiest period trading period, chief executive Aidan Corbett said he expects the firm to hit full-year profitability in 2024.

He said the company is well positioned to take advantage of opportunities next year, which includes funding merchants that ...