Prosus Ventures invested in the e-commerce finance provider at a $1.6bn valuation, increasing its overall funding to over $236m.

Wayflyer, the Ireland-based operator of an online financing platform for e-commerce brands, raised $150m yesterday in a series B round featuring internet group Prosus at a post-money valuation of $1.6bn. The round was co-led by DST Global and QED Investors, while investment bank JP Morgan, Left Lane Capital, Madrone Capital Partners and private investor Guillaume…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.