Wayflyer Secures $300m in Debt Financing From J.P. Morgan

Platforms
Written By Rick Watson

Wayflyer helps eCommerce businesses worldwide reach their growth potential by providing a range of financing and analytics solutions that improve cash flow, drive sales and optimize supply chains.

In a challenging economy, this suddenly looks like a quaint little pandemic business.  I wish them a lot of luck because JP Morgan will come calling for this funds….  and unlike those Buy Now Pay Later businesses, JP Morgan is more of a “Pay Now”-type company.

Business Wire: eCommerce Growth Platform Wayflyer Secures $300m in Debt Financing From J.P. Morgan

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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