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 2009 as a way for international students to pay their tuition for studies abroad, Flywire's focus has expanded to include the healthcare and business markets. The company is headquartered in Boston, Mass., Flywire also maintains offices in Valencia, Spain, Singapore, London, Manchester, Tokyo and Sydney.

 

Flywire has vertical-specific insight and technology that allows organizations to optimize the payment experience for their customers while eliminating operational challenges. To date Flywire has processed over $12 billion in total payments volume for over 2,000 clients around the world.

 

Flywire is backed by investors including Goldman Sachs, Bain Capital, F-Prime Capital (Fidelity), Spark Capital, Temasek and others. The company raised $120M in a Series E round on Feb 13, 2020. This brings Flywire's total funding to $263.2M to date. The round also gives the company a valuation of over $1B.

 

Flywire has also acquired Simplee, OnPlan Health, PACE Invoice, ScholarFX & Uni-Pay to date. Flywire was also named a Finalist for Two Mass TLC Awards.

 

 

  • Year founded: 2009
  • Funding Info: $263.2M over 8 Rounds (Latest Funding Type: Series E)- Flywire has also acquired Simplee, OnPlan Health, PACE Invoice, ScholarFX & Uni-Pay to date.
  • Yearly Revenue: $100M-$200M (2019)
  • Employee Size: 201-500
  • Business Valuation: Valued at $1B+ as of Feb 13, 2020
  • City/Town: Boston
  • State: Massachusetts
  • Country: United States
Related businesses