On May 27, 2021, Wayflyer, a revenue-based financing and growth platform for e-commerce merchants, announced a $76 million Series A fundraise. The financing was led by Left Lane Capital, with support from partners of DST Global, QED Investors, Speedinvest, and Zinal Growth, the family office of Guillaume Pousaz (founder of Checkout.com). Wilson Sonsini Goodrich & Rosati advised Wayflyer on the transaction.
Based in Dublin, Ireland, Wayflyer helps e-commerce merchants unlock growth, providing a range of financing and marketing analytics solutions that help them access working capital, improve cash flow, and drive sales. By delivering both access to capital and business-critical insights, Wayflyer supports its customers by addressing many of the structural challenges e-commerce merchants face as they scale. The Series A funding comes just 14 months after Wayflyer launched its first product, confirming its status as one of Europe’s fast-growing fintech start-ups. The company plans to use the proceeds from the financing to support marketing, product development, and international expansion.
The Wilson Sonsini team that advised Wayflyer on the financing included Stacy Kim, Daniel Glazer, Stephen Heifetz, Amanda Pollard, Doug MacKillop, and Anna Ling.
For more information, please see Wayflyer’s press release.