Atalaya Capital Management is backing Fly Now Pay Later to the tune of a $75 million debt financing package.
The latest injection of capital brings the total invested in the U.K.-based staggered travel payment service to just over $150 million over seven rounds.
The money will be used primarily to support the company’s continued efforts to expand into the U.S., where it competes with the likes of Affirm and Uplift in the market.
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Fly Now Pay Later raised a $15 million Series A round in May 2021, led by Revenio Capital and Taurus Wealth Advisor. This was a top-up round following a £35 million…