Case Study: Wayflyer improves lending decision speed and data quality with Codat

How improving data quality helped Wayflyer scale their lending proposition

Wayflyer, a fast-growing business lender for consumer brands, needed a better way to underwrite a broader range of customers as it expanded beyond eCommerce into larger and more diverse industries. As it moved into accounting data, manual review became slow and cumbersome, creating data access and quality challenges that delayed funding decisions.

To solve this, Wayflyer implemented Codat’s Lending API to connect to accounting and commerce data across multiple systems, giving the team a cleaner, more complete view of applicant finances. With Codat, Wayflyer reduced applications with data quality issues by 30%, cut decisioning time by 20%, and unlocked the ability to serve a new market segment beyond D2C businesses.

Wayflyer

Ger Fitzpatrick

VP of Engineering