logo
logo

London Fintech Fly Now Pay Later Secures £55M To Spread Wings In Us

Jan 11, 2022over 3 years ago

Amount Raised

£55 Million

London

Description

Fly Now Pay Later, a London-based fintech company that helps consumers spread the cost of their travel over a flexible duration, has secured a $75m (​​£55.2m) debt funding package from Atalaya Capital Management.

Company Information

Company

Fly Now Pay Later

Location

London, Ontario, Canada

About

The company will use the capital to expand its operation into the US. To date, the company has raised a total of $150m (£110m) in debt and equity funding. Currently, the company has a presence in all core BNPL markets, including the UK, US, and EU. Currently, the UK company employs 90 staff in the UK, United States & Latvia.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech