Tech

Wayflyer to deploy $200m to online businesses in four new European markets

Company, which achieved unicorn status earlier this year, currently supports over 300,000 businesses

Wayflyer, founded by Aidan Corbett and Jack Pierse in 2019, is now live in 12 markets across North America, Europe and Australia. Picture: Getty

Wayflyer, the Irish tech unicorn, has expanded into four new European markets with plans to deploy over $200 million to online businesses in Germany, Sweden, Belgium and Denmark over the next year.

The move comes just a week after the revenue-based financing and growth platform announced it had secured a $253 million debt financing facility from Credit Suisse. This is in addition to the $300 million debt line agreed with JP Morgan in May.

Founded ...