Wayflyer and Adobe Announce Merchant Finance Solution to Propel eCommerce Industry The partnership aims to fund 8000 eCommerce businesses in its first year of operation Partnership set to supercharge Wayflyer s growth which has seen it fund over 300 eCommerce businesses in the last 12 months
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 mercha
Wayflyer Grows Australian Business with New Investments, Partnerships
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Wayflyer Releases 2020 State of eCommerce Report
NEW YORK, Dec. 15, 2020, an eCommerce revenue-based financing and marketing analytics platform.
The Wayflyer 2020 State of eCommerce
report presents findings from a recent survey of Wayflyer s current customers and prospects on the impact of COVID-19 on their businesses, including trends around revenue growth, shopping behaviors and spending patterns. Respondents represent founders and leaders of fast-growing eCommerce stores and direct-to-consumer brands operating in diverse global markets and across verticals, providing a snapshot of the opportunities and obstacles facing eCommerce in today s dynamic online marketplace.
The survey responses reveal that the increase in online shopping has created unprecedented opportunities for small eCommerce stores to gain new customers and boost revenues. However, the findings also demonstrate that founders are grappling with inventory issues and other challenges resulting from unpredictable d