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Through the partnership, Wayflyer will offer tailored financial solutions to Adobe merchants, helping to solve critical working capital issues
Today Wayflyer, a revenue-based financing platform has joined forces with Adobe to launch a financial solution for businesses on Adobe’s industry-leading eCommerce platform. This partnership solves a significant problem in the eCommerce industry by providing businesses with the competitive working capital they need to scale and grow.
The partnership will provide eCommerce businesses on Adobe Commerce, powered by Magento and Magento Open Source with access to revenue-based financing, an affordable alternative to traditional sources of funds tailored to the needs of scaling eCommerce businesses. Instead of interest fees, dilutive equity stakes or personal guarantees, eCommerce merchants will be charged a single fixed fee, and remittances as a percentage of their daily sales.