Flywire (NASDAQ: FLYW) operates as a payments enablement and software company. It offers a global payment network, payment integrations, pay-by-link experience services, and more. It provides its services to various industries such as education, travel, healthcare, and more. The company was formerly known as peerTransfer. It was founded in 2009 and is based in Boston, Massachusetts.
Flywire's Products & Differentiators
A next-gen payments platform that supports the entire lifecycle of a cross-border or domestic transaction, which features API and embedded solutions, enhanced invoicing and reconciliation, end to end processing, SSO and recurring and split payments A proprietary global payment network, which supports 240 different currencies, in more than 240 countries and territories. Vertical-specific software that delivers personalized engagement with interactive customer experiences
Research containing Flywire
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Flywire in 4 CB Insights research briefs, most recently on Jan 12, 2022.
Expert Collections containing Flywire
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Flywire is included in 6 Expert Collections, including Fintech 250.
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Tech IPO Pipeline
Future Unicorns 2019
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Silicon Valley Bank's Fintech Network
We mapped out some of SVB's biggest clients, partnerships, and sectors that it serves using CB Insights’ business relationship data from SVB’s profile to uncover just how important it is to the fintech universe. The list is not exhaustive.
Latest Flywire News
Sep 20, 2023
Flywire appoints Gretchen Howard to its Board of Directors September 20, 2023 at 08:46 am EDT Share Former Fidelity, Google and Robinhood executive brings deep operating experience to Flywire’s Board BOSTON, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, today is announcing the appointment of Gretchen Howard to its Board of Directors, effective immediately. Ms. Howard will also serve as a member of the Compensation Committee of the Flywire Board. Ms. Howard brings extensive experience in software, payments and public market operations to Flywire’s Board of Directors. She is the former Chief Operating Officer of Robinhood Markets, Inc. ("Robinhood"), where among other functions, she oversaw brokerage, cash compliance and operations, human resources and recruiting, customer trust and safety, as well as customer support and business strategy. Ms. Howard helped scale and lead the company through its IPO in 2021, and is expected to remain a special adviser to Robinhood through the end of 2023. Prior to her leadership role at Robinhood, Ms. Howard was a Partner with CapitalG, Alphabet Inc.’s growth equity fund. Prior to that role at CapitalG, Ms. Howard held various positions at Google and Fidelity Investments. Ms. Howard is on the Board of Directors of AllTrails, a mobile app connecting people to the outdoors. She is also a member of the Board of Trustees at Williams College and a former board member of the YMCA of San Francisco. She holds a B.A. from Williams College and an M.B.A. from Harvard Business School. “Gretchen is a skilled operator and leader, and Flywire is lucky to have this opportunity to benefit from her breadth of experience in scaling operations at both Google and Robinhood,” said Mike Massaro, Flywire CEO. “Her professional background that intersects software and payments, along with her passion for building culture and community around the world, aligns well with Flywire’s mission and growth strategy. We are thrilled to welcome her to our Board as part of the next phase of our journey.” “I’ve followed Flywire’s growth for some time, and consider it an exceptional organization for many reasons, including their tremendous team, robust offerings, and mission-driven culture,” said Gretchen Howard. “As a business, Flywire continues to execute well against their growth strategies, and brings innovative ways to deliver more value to their clients and payers across their core vertical industries. I’m honored to join Flywire’s Board and Compensation Committee and play a role in the Company’s next chapter.” About Flywire Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers. Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges. Flywire supports more than 3,500 clients with diverse payment methods in more than 140 currencies across 240 countries and territories around the world. Flywire is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X (formerly known as Twitter), LinkedIn and Facebook. Safe Harbor Statement This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire’s future operating results and financial position, Flywire’s business strategy and plans, market growth, and Flywire’s objectives for future operations. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire's forward-looking statements include, among others, the factors that are described in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Flywire's Annual Report on Form 10-K for the year ended December 31, 2022, and Quarterly Report on Form 10-Q for the quarter ended June 30, 2023, which are on file with the Securities and Exchange Commission (SEC) and available on the SEC's website athttps://www.sec.gov/. The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law. Media Contacts
Flywire Frequently Asked Questions (FAQ)
When was Flywire founded?
Flywire was founded in 2009.
Where is Flywire's headquarters?
Flywire's headquarters is located at 141 Tremont Street, Boston.
What is Flywire's latest funding round?
Flywire's latest funding round is IPO.
How much did Flywire raise?
Flywire raised a total of $263.25M.
Who are the investors of Flywire?
Investors of Flywire include Temasek, Tiger Management Corp, Goldman Sachs, Adage Capital Management, Balderton Capital and 22 more.
Who are Flywire's competitors?
Competitors of Flywire include YapStone, PayNearMe, Hypur, Stripe, Opn, Cedar, TouchBistro, Satispay, Ezetap, TransferMate and 30 more.
What products does Flywire offer?
Flywire's products include Flywire Advantage.
Who are Flywire's customers?
Customers of Flywire include Manchester Metropolitan University, and existing advertising technology client .
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