Flywire

Flywire is a Massachusetts-based payment platform that provides invoicing and payment reconciliation solutions for industries including educational, healthcare and travel. Read more

260 Followers on Owler
260 Followers on Owler
260 Followers on Owler
260 Followers on Owler

Flywire

Flywire is a Massachusetts-based payment platform that provides invoicing and payment reconciliation solutions for industries including educational, healthcare and travel. Read more

Mike Massaro's photo - CEO of Flywire

CEO

Mike Massaro

CEO Approval Rating

100/100

Founded:

2011

Status:

PrivateIndependent Company

FLYWIRE TOP COMPETITORS OR ALTERNATIVES

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Remitly is the top competitor of Flywire. Remitly is a Private company that was founded in Seattle, Washington in 2011. Like Flywire, Remitly also operates in the Internet Software sector. Remitly has 527 more employees vs. Flywire.

WorldRemit is seen as one of Flywire's biggest rivals. WorldRemit was founded in London, England} in 2009. Like Flywire, WorldRemit also competes in the Internet Software space. Compared to Flywire, WorldRemit generates $11.2M less revenue.

Payoneer is perceived as one of Flywire's biggest rivals. Payoneer was founded in 2005, and is headquartered in New York, New York. Like Flywire, Payoneer also operates in the Internet Software space. Payoneer generates $213.8M more revenue vs. Flywire.

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Growth Score - 1/1

Is $131.8M a good estimate for Flywire's revenue?

Flywire Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Simplee

Feb 2020

Source »
undisclosed
Simplee develops a SaaS-based platform that provides digital payments and patient engagement solutions for the healthcare industry.
Onplan Health

Jan 2018

Source »
undisclosed
Onplan Health develops automated workflow and payment processing solutions for the healthcare sector.
PACE Invoice

Jun 2017

Source »
undisclosed
PACE Invoice develops a multi-currency invoicing platform with integrated payments processing solutions for businesses.
Scholarfx

Jan 2016

Source »
undisclosed
Scholarfx is a payment provider for students living at on-campus in the form of moving, shipping, storage and dormitory products.

These are all the companies that Flywire has acquired. Flywire has acquired 4 companies and its latest acquisition was Simplee in Feb 2020. Simplee develops a SaaS-based platform that provides digital payments and patient engagement solutions for the healthcare industry.

Flywire Funding History

Since Flywire was founded in 2011, it has participated in 8 rounds of funding. In total Flywire has raised $322.0M. Flywire's last funding round was on Mar 2021 for a total of $60.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series F
Mar 2021
$60M

Whale Rock Capital Management

Series E
Feb 2020
$120M
Series D
Jul 2018
$100M
Series C
Jan 2015
$22M
Series B
Dec 2013
$6.3M

Since Flywire was founded in 2011, it has participated in 8 rounds of funding. In total Flywire has raised $322.0M. Flywire's last funding round was on Mar 2021 for a total of $60.0M

Flywire Investments

No recent investments found related to Flywire

These are all the companies that Flywire has invested in. Flywire has invested 4 companies and its latest investment was Simplee in Feb 2020. Simplee develops a SaaS-based platform that provides digital payments and patient engagement solutions for the healthcare industry.

Flywire News

May 8, 2020Crowdfund Insider

Boston-based Fintech Flywire to Lay Off 12% of Staff Due to Challenges Related to COVID-19

Boston-based Fintech firm Flywire recently confirmed that it will be downsizing its operations, due t... See more »
May 6, 2020PYMNTS

How Higher Education Finds The Flexibility To Manage Cash Flow

There are three letters that best describe the state of higher education in the U.S. amid the pandemi... See more »
April 23, 2020FinanzNachrichten

Flywire Unveils Framework to Help Universities Increase Fall 2020 Enrollment

New guidelines enable institutions to increase student engagement and admission in COVID-19 era Frame... See more »
April 23, 2020PYMNTS

Flywire Offers Guidelines To Help Universities Grow Enrollment In A COVID-19 Era

To retain and fuel student enrollment for the 2020-2021 academic year, vertical payments company Flyw... See more »
March 6, 2020Banking Technology

"It means nothing until it is something"

"I'm the most anti-unicorn terminology person, so it's quite ironic," says Massaro.... See more »
February 26, 2020MarketScreener

Closes $350 Million Fund VI

(marketscreener.com) Oversubscribed Fund VI will Invest in Early and Growth-Stage Fintech Businessesh... See more »
February 19, 2020The Industry Spread

Vertical Payments Vendor Flywire Acquires Simplee

Flywire, a high-growth vertical payments company recently revealed that it has acquired Simplee, a le... See more »

Flywire Blogs

September 1, 2017Flywire Blog

FAQ: International Student Housing in the US

The decision to study abroad comes with much excitement but assuredly, with many uncertainties as wel... See more »
August 29, 2017Flywire Blog

LoftSmart Series: Answering All Your Student Housing Questions

Here at Flywire we understand that making the education payment process easy and convenient contribut... See more »
July 26, 2017Flywire Blog

Do I contact my roommate before school starts?

Whether you've already received your roommate assignment for the upcoming semester or you're eagerly ... See more »
March 13, 2017Flywire Blog

2017 Westbon Spring Break Road Trip Challenge

The 2017 Westbon Spring Break Road Trip Challenge Registration is mind-blowing! What is your dream de... See more »
February 22, 2017Flywire Blog

2017 Westbon Road Trip Challenge

Cross-country road trips are the epitome of the American experience. Books are written just to captur... See more »
December 16, 2016Flywire Blog

How Can Joining Campus Organizations Contribute to Your Academic Success?

As a student, it can be very easy to believe that academics should be your sole priority. While it is... See more »
November 28, 2016Flywire Blog

5 Ways International Students Can Ace Their College Applications

Applying to university-no matter which country you call home-is a complex process. International stud... See more »

Flywire Press Releases

May 13, 2019GlobeNewswire

Flywire HR Executive to Join Panel at UNLEASH Conference

The Evolution of the Chief HR Officer (CHRO)The Evolution of the Chief HR Officer (CHRO)... See more »
April 5, 2019GlobeNewswire

Flywire Executives Part of Panel at Shorelight Education Partnership Summit

From Alipay to Boleto: The Intersection of International Student Mobility and PaymentsFrom Alipay to ... See more »
April 5, 2019CentralCharts

Flywire Executives Part of Panel at Shorelight Education Partnership Summit

Flywire EVP of global sales, Sharon Butler and head of global payments for the Middle East and Africa... See more »
March 27, 2019GlobalNewswire

Flywire Headlines 2019 Bursars SFS Conference

BOSTON, March 27, 2019 (GLOBE NEWSWIRE) -- Flywire, a company that solves complex payment problems fo... See more »
January 17, 2019StreetInsider

Patients Prefer to Get Ahead of Healthcare Payments, According to Flywire and PYMNTS.com Patient Pay Survey

BOSTON--(BUSINESS WIRE)-- For hospital patients with out-of-pocket expenses to pay, 44.4 percent opt ... See more »
November 8, 2018GlobeNewswire

Flywire Hosts 3rd Annual FlyForumUK

User event explores key issues in education payments & receivables... See more »
October 18, 2018GlobeNewswire

Flywire Executives to Present at Money20/20 USA

Part of two different panel discussions on global payments... See more »

Flywire Videos

Social Media

Flywire Headquarters

141 Tremont Street 10th Floor

Boston, Massachusetts02111

1-617-329-4524

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Flywire Summary

ABOUT

Overview

Flywire is a Massachusetts-based payment platform that provides invoicing and payment reconciliation solutions for industries including educational, healthcare and travel. Flywire was founded in 2011. Flywire's headquarters is located in Boston, Massa...

CEO

Flywire's CEO, Mike Massaro, currently has an approval rating of 100%. Flywire's primary competitors are Remitly, WorldRemit & Payoneer.

Website

flywire.com

Frequently Asked Questions about Flywire

  1. When was Flywire founded?

    Flywire was founded in 2011
  2. Who is Flywire's CEO?

    Flywire's CEO is Mike Massaro
  3. How much revenue does Flywire generate?

    Flywire generates $131.8M in revenue
  4. How much funding does Flywire have?

    Flywire has historically raised $322M in funding
  1. Where is Flywire's headquarters?

    Flywire's headquarters is in Boston Massachusetts, USA
  2. How many employees does Flywire have?

    Flywire has 473 employees
  3. What sector does Flywire operate in?

    Flywire is in Internet Software, Fintech
  4. Who are Flywire's competitors?

    Flywire's top competitors are Remitly, WorldRemit, Payoneer