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What are the requirements to get funding from Wayflyer?

Updated over 3 weeks ago

Business Model

You must sell physical products or be a retail business (e.g., restaurant, dental practice), a software business (e.g., SaaS, digital products), or a service provider (e.g., consulting services, repair services).

Revenue Requirements

Your business must generate a minimum average monthly revenue, which varies by currency:

Currency

Minimum Threshold

USD

10,000

EUR

10,000

GBP

10,000

AUD

20,000

CAD

20,000

DKK

75,000

SEK

100,000

Operational History

If you sell a physical goods or are a software business (e.g., SaaS, digital products), your business must have been operating for at least 6 months. For all other business types, we require that your business has been operating for at least 2 years

Country of Incorporation

For eCommerce platforms, your business must be incorporated in one of the following eligible countries:

  • United States

  • Canada

  • United Kingdom

  • Australia

  • Ireland

  • Spain

  • The Netherlands

  • Belgium

  • Denmark

  • Germany

  • Sweden

Platform Integration

You must use an eCommerce platform or payment processor that Wayflyer can integrate with, such as Shopify, WooCommerce, or Stripe.

Financial assessment

You must also pass Wayflyer’s financial assessment, which evaluates your company’s cash flow, your current and forecasted revenue, marketing spend and overall company health.

This assessment is also part of our anti-money laundering processes.

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