E-commerce loan startup Wayflyer secures $1B deal from Neuberger Berman

Wayflyer, which provides financing to e-commerce startups in exchange for a portion of their future revenue, today announced that it secured $1 billion in capital from investment management firm Neuberger Berman. In a press release, Wayflyer describes the funding as an “off-balance sheet program,” meaning that the company was allowed to keep certain assets and […]
Source: TECCRUCH

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