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Irish start-up Wayflyer raises $76m in funding


Irish start-up Wayflyer raises $76m in funding
Aidan Corbett and Jack Pierse. Image: Wayflyer
The financing platform will use the new funding to support marketing, product development and international expansion.
Wayflyer, a revenue-based financing and growth platform for e-commerce companies, has raised $76m in Series A funding in a round led by Left Lane Capital.
Other participants in the funding round included partners of DST Global, QED Investors, Speedinvest and Zinal Growth, the family office of Guillaume Pousaz.
Founded in 2019 by Aidan Corbett and Jack Pierse, Wayflyer provides e-commerce merchants with a range of financing and marketing analytics tools to help them access working capital, improve cash flow and drive sales. ....

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The Kalifa Review: A Road Map for the Future of UK Fintech? | Skadden, Arps, Slate, Meagher & Flom LLP


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The highly anticipated Kalifa Review of UK Fintech (the Review), led by former Worldpay CEO Ron Kalifa, was published on 26 February 2021. Its 106 pages made up of a five-point plan of key recommendations and 15 sub-recommendations on investment in the UK fintech sector have generally been well received. Business leaders, participants and others engaged in the fintech community will continue to digest these recommendations over the coming weeks. The key question for many will be how quickly the UK government moves to implement the Review’s recommendations, and to what extent. ....

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Kalifa Review – Proposed Fintech Investment Reforms | White & Case LLP


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On 26 February 2021, the Kalifa Review of UK Fintech published its much anticipated report on the state of the UK fintech industry. The report recognizes fintech s current importance to the UK economy and potential material opportunities in driving growth as part of Global Britain in a post-COVID environment, including potential investment reforms impacting Fintech investors and companies. 
Summary of the Review and Investment Recommendations 
The Kalifa Review s report sets out a Five Point Plan through which the UK can maintain its position as a leading fintech hub and further build on this to benefit the UK economy. The plan comprises sections on policy and regulation, workforce skills, investment in fintechs, international matters and national connectivity, and we ve focused on fintech investment for this alert. The Report also helpfully draws widely on input from many of the UK s leading fintechs, as w ....

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