Flywire

Flywire is a leading provider of international payment solutions, connecting our clients with other businesses and consumers on six continents.

Flywire provides a comprehensive suite of payment products including OnPlan, a domestic billing and payment solution that uses secure payment technology for pre-collection and payment plans.

Flywire was founded in Spain in 2009 by Iker Marcaide. The company is headquartered in Boston, MA, with offices in Chicago, Palo Alto, London and Manchester (UK), Valencia (Spain), Shanghai, Singapore, Tel Aviv, Tokyo, Cluj (Romania), and Sydney.

 

Flywire combines its proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for its 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, so organizations can optimize the payment experience for their customers while eliminating operational challenges. It supports 2,250+ clients with diverse payment methods in 130+ currencies across 240 countries around the world.

 

Flywire is backed by Goldman Sachs, Bain Capital, F-Prime Capital, Spark Capital, Temasek, Whale Rock Capital Management and others. The company raised $60M in Series F round on Mar 04, 2021. This brings Flywire's total funding to $323.2M to date. The company was valued at over $1B from its Series E financing raised in Feb 2020. Flywire went public on May 26, 2021 and was valued at $3.39B from IPO.

 

 

  • Year founded: 2009
  • Funding Info: $323.2M over 9 Rounds (Latest Funding Type: Series F)
  • Yearly Revenue: $131.8M (2020)
  • Employee Size: 201-500
  • Business Valuation: Valued $3.39B at IPO as of May 26, 2021
  • City/Town: Boston
  • State: Massachusetts
  • Country: United States
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