Wayflyer launches innovation fund to pilot financing small businesses beyond initial ecommerce focus
Wayflyer launches innovation fund to pilot financing small businesses beyond initial ecommerce focus
29th OCTOBER – DUBLIN, IRELAND – Wayflyer, the leading financing platform for consumer brands, today announced its expansion beyond eCommerce to serve small and medium-sized businesses across a wide variety of industries. The move signals the next stage in Wayflyer’s mission to give more founders fast, fair, and flexible access to capital.
Many founders and business owners face an outdated lending system that is slow, costly, and often shuts them out, forcing a choice between predatory lending or relying heavily on credit cards. Wayflyer takes a different approach to lending. Its proprietary system dives deep to consume and analyse operating data, such as Point of Sale systems, to leverage it for underwriting criteria. By leveraging real-time data and integrated technology, Wayflyer can assess performance, move quickly, and deliver non-dilutive capital that grows with the business.
Now, Wayflyer brings its proven model to key sectors including retail, SaaS, consumer services, and healthcare — industries built on recurring, high-volume transactions where growth depends on fast, flexible funding.
“We’ve built an underwriting model that can scale sustainably across industries,” said Aidan Corbett, CEO & co-founder of Wayflyer. “When businesses need to move fast, we make sure capital moves with them. Already profitable in several of the world’s most rate-sensitive markets, we’re proving that flexible capital can be both sustainable and transformative.”
The move underscores market confidence in Wayflyer’s ability to execute with pace and precision following its successful deployment of over $5 billion to the ecommerce sector. Wayflyer’s growth strategy is focused on legacy and longevity for the world’s small and medium-sized businesses.
The market for small business financing in these new verticals runs into the tens to hundreds of billions annually across the U.S. and U.K., with consistent demand from business owners looking for fast, fair, and flexible funding.