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Fortress Investment Group and Wayflyer Secure $1.5 B Financing Deal for Small Businesses
Fortress Investment Group has entered a three‑year forward‑flow agreement with Irish fintech Wayflyer to purchase up to $1.5 billion of loan assets originated on the platform. The arrangement will give Wayflyer the capacity to deploy as much as $4.5 billion of working‑capital financing to small businesses worldwide over the next 24 months.
Wayflyer’s CEO Aidan Corbett said the facility provides “committed, reliable capital” that lets the company scale its revenue‑based financing model for e‑commerce merchants. Fortress Managing Director Bart Stankiewicz highlighted the deal as a “high‑quality asset‑backed credit” opportunity that offers attractive risk‑adjusted returns. The partnership follows Fortress’s recent activity in fintech credit, including a $2 billion loan purchase from Wayflyer reported earlier this year.
Entities
Aidan Corbett · Bart Stankiewicz · Fortress Investment Group · Wayflyer