Fortress to buy $2B in loans from Irish fintech Wayflyer
What's the deal? Fortress Investment GroupDealroom has a profile for this one. Try Dealroom → is set to acquire $2 billion in loans originated by Wayflyer, the Irish fintech that finances e-commerce businesses. The transaction gives Wayflyer institutional capital backing to scale its lending operations.
What Wayflyer does: Founded in 2019, the company has deployed over $6 billion in financing to more than 7,000 businesses. Its focus is revenue-based financing — loans repaid as a fixed percentage of a merchant's revenue rather than through set monthly payments — typically ranging from $5,000 to $20 million.
Why Fortress? The firm has been active in fintech credit. In April 2025, it extended $2 billion to SoFi's loan platform, underscoring its appetite for lending assets from technology-driven platforms. Fortress has operated independently since a management-led buyout backed by Mubadala Investment Company in 2024.
Why now? Wayflyer reached unicorn status in 2022 with a $1.6 billion valuation, set by its $150 million Series B. In February 2026, it secured a $250 million credit facility with ATLAS SP PartnersDealroom has a profile for this one. Try Dealroom → to fund new originations.
The signal: If finalized as reported, the deal would validate revenue-based financing at institutional scale, showing alternative asset managers will commit multi-billion-dollar sums to non-bank lenders. With backers like Fortress and ATLAS SP Partners, Wayflyer is positioning against rivals such as Clearco and Pipe in alternative SME finance.
Image credit: Fresh Materials
