Wayflyer raises $150 million

Dublin-based fintech start-up Wayflyer has raised $150 million of Series B venture funding at a $1.6 billion valuation in a deal co-led by DST Global and QED Investors. The latest fundraising comes less than a year after the company closed its $76 million Series A round.

Founded in 2019, Wayflyer increased the average monthly capital deployments by nearly 1,000% on the year before to $100 million, with 65% of the company’s customers today based in the US and North America.