Buy now, pay later business “Fly Now, Pay Later” has raised £10mn.
In Brief:
Fly Now, Pay Later enables customers to spread the cost of holidays.
It has raised £10mn capital for US expansion.
This is in addition to £35mn Series A funding already raised.
What does this mean?
Fly Now, Pay Later works in partnership with travel companies to offer payment options, as well as a direct-to-consumer option called Anywhere. It will now seek to take advantage of the resurgence in travel after global lockdowns begin to ease.
