About Flywire
Flywire is a publicly listed company based in Boston (United States) founded in 2009. Flywire is recognized as a global payments and software expert. It operates on a API-as-a-Product, B2B2C, and Commission-Based model. Flywire has raised $263.2 million across 12 funding rounds from investors including American Express, Goldman Sachs and Accel. The company has 1,355 employees. Flywire has completed 7 acquisitions, including Sertifi, Cohort Go and WPM Education. Flywire was last valued at $2.4 billion in May 2021. Its website flywire.com draws about 1.8 million monthly visits. Flywire offers products and services including Global Payments Platform, Vertical-Specific Software, and Global Payment Network. Its focus areas include Payment Processing, Cross-Border Payments, Technology and Software. Its legal entity is Flywire Corporation. Its competitors include Tipalti, Payoneer and VERTO; 3 of its 3 listed competitors have raised funding.
Company details
Flywire is established as a leader in global payments and software solutions. A next-gen payments platform is provided, alongside a proprietary global payment network and vertical-specific software. Services are tailored for industries such as education, travel, healthcare, and B2B sectors. Cross-border payments are facilitated in over 240 countries and territories, supporting over 140 currencies. Integration with existing workflows is emphasized, ensuring seamless payment reconciliation and secure transactions. First-class customer support is offered to enhance client experience across diverse markets.
- Headquarters Boston, United States
- Employees 1,355
- Stage Public
- SectorsFinancial Services
- Website category Finance · Financial Planning and Management
- Email••••••••
- Phone•••• ••••
- Website flywire.com
- Social LinkedIn X Facebook Instagram
- Legal Name Flywire Corporation - Voting
- Annual Revenue$492.14 M (USD)22.09as on Dec 31, 2024
- Net Profit$2.9 M (USD)133.84as on Dec 31, 2024
- EBITDA$12.9 M (USD)4626.32as on Dec 31, 2024
- Total Equity Funding$263.2M (USD)
in 12 rounds
- InvestorsAmerican Express
& 34 more
- Employee Count1,355
- Investments & AcquisitionsSertifi
& 6 more
Products & Services of Flywire
Flywire offers a comprehensive portfolio of products and services, including Global Payments Platform, Vertical-Specific Software, and Global Payment Network.
Payments are processed globally across multiple currencies efficiently.
Software is tailored for specific industry payment needs.
Network enables payments in over 240 countries worldwide.
Funding Insights of Flywire
Flywire has successfully raised a total of $263.2M across 12 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $263.2M
- Total Rounds 12
- First Round $1.1M
(Oct 2010)
- Investors Count 35
Latest 10 of 12 funding rounds of Flywire with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2021 | Series E | – | Whale Rock Capital Management, Marshall Wace | ||
| Feb 2020 | $120M | Series E | – | Goldman Sachs | |
| Jul 2018 | $100M | Series D | – | Temasek | |
| Jan 2015 | $22M | Series B | – | Bain Capital Ventures | |
| Jan 2014 | $6.2M | Series C | – | – | |
| Dec 2013 | $6.25M | Series A | – | – | – |
| Jun 2013 | $6.4M | Series B | – | – | |
| Jun 2013 | Series A | – | F-Prime Capital, Eight Roads Ventures | – | |
| Jun 2013 | $6.4M | Series A | – | QED Investors, Kibo Ventures | – |
| Aug 2011 | $7.5M | Series A | – | Spark Capital |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Flywire
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $2.4B (May 2021). 35 investors in total: 27 institutional and 8 angel.
Investors in Flywire
Flywire has secured backing from 35 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include American Express, Goldman Sachs and Accel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Long-short equity strategies are managed through specialized hedge funds. | 1997 | mwam.com | London, United Kingdom | |
Private equity firm focused on multiple sectors | adventinternational.com | Sao Paulo, Brazil | ||
Spark Capital is engaged in venture capital investments. | sparkcapital.com | San Francisco, United States | ||
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Venture capital fund focused on investing in multiple sectors | baincapitalventures.com | Boston, United States | ||
Investments in life sciences, technology, healthtech, and crypto sectors from global locations. | fprimecapital.com | |||
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Venture capital fund investing in early-stage start-ups | qedinvestors.com | Alexandria, United States |
Investor details for Flywire
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Flywire
445 people are tracked at Flywire (113 in leadership, 7 in board & advisors, 325 in team); the tracked headcount is 1,355.
| Name | Role | Group |
|---|---|---|
Rob Orgel | President & COO | Leadership |
David King | Chief Technology Officer | Leadership |
Mike Massaro | CEO & Board Member | Leadership |
Peter Butterfield | Chief Legal & Compliance Officer & General Counsel | Leadership |
Pedro J. Pardo | Payment Operations, Pay-ins Director | Leadership |
Aimee Schumaker | Head Of Partnerships, B2b | Leadership |
Sarah King | VP of Corporate Marketing | Leadership |
Lorraine L. | Senior Director Of Marketing For Apac, Agents And Consumers | Leadership |
Becky Laudeman | Vice President, Fp&a | Leadership |
Cosmin Pitigoi | CFO | Leadership |
Matt Teumer | Vice President, Strategic Sales, Insurance & B2b | Leadership |
Ester Sellens | Director, Accounting | Leadership |
Bonnie Galvin (Suttmeier) | VP Of Tax | Leadership |
Jp Kelly | Head Of Insurance | Leadership |
Chris McCracken | Regional Vice President, B2b Sales | Leadership |
Marybeth Dixon | Director, Financial Systems | Leadership |
Trip Caulfield | Director Of Finance | Leadership |
Annie Galvin | Director, Partnerships | Leadership |
Allison MacLeod | CMO | Leadership |
Masha Kahn | Vp, Investor Relations | Leadership |
425 more people are available in the full profile.
Complete people profiles for Flywire
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Flywire
Flywire is a publicly listed company on the NASDAQ with ticker symbol FLYW in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date26 May 2021
- Listed onNASDAQ: FLYW
- Listed entityFlywire Corporation - Voting
- Exchange sectorCommercial services
- ISINUS3024921039
- Share price$18.26 (-0.87% on the day) · 2026-10-13
- Market capitalisation$2.22B
- Price to earnings69.3
- EPS (diluted, trailing year)$0.26
- Volume (last session)1,005,840
Financials of Flywire
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $623.0M | $13.5M | $49.7M |
| 2024 | $492.1M | $2.9M | $12.9M |
| 2023 | $403.1M | -$8.6M | -$285,000 |
| 2022 | $289.4M | -$39.4M | -$15.1M |
| 2021 | $201.2M | -$28.1M | $4.0M |
Detailed financial statements for Flywire
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Flywire
Flywire has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Sertifi, Cohort Go and WPM Education.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Electronic signature tools are provided for agreements and contracts. | sertifi.com | Chicago, United States | 2006 | Feb 2025 | $330M | |
Accounts receivable automation solutions are provided for businesses. | invoiced.com | Austin, United States | 2012 | Aug 2024 | •••• | |
Undergraduate and postgraduate courses are discovered via a global database. | studylink.com | Sydney, Australia | 1991 | Nov 2023 | •••• | |
Geopolymer injections are applied for stabilizing sinking buildings and foundations. | cohortgo.com | Brisbane, Australia | 2016 | Jul 2022 | •••• | |
Payment gateway for education sector online transactions is provided. | wpmeducation.com | Burgess Hill, United Kingdom | 2009 | Dec 2021 | •••• | |
Healthcare payments are managed via an enterprise cloud platform. | simplee.com | Palo Alto, United States | 2010 | Feb 2020 | •••• | |
Multi-currency invoicing and payment processing are facilitated. | paceinvoice.com | London, United Kingdom | 2016 | Jun 2017 | •••• |
Complete acquisition details for Flywire
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Flywire
12 dated milestones of Flywire across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Flywire is founded.
- Funding First funding round of $1.1M.
- Acquisition Acquires PACE Invoice.
- Acquisition Acquires Flywire.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series E,.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires WPM Education.
- Acquisition Acquires Cohort Go.
- Acquisition Acquires StudyLink.
- Acquisition Acquires Invoiced.
- Acquisition Acquires Sertifi.
Competitors of Flywire
Flywire has 3 listed competitors in our database, 3 of them funded. They include Tipalti, Payoneer and VERTO.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tipalti.com | 2010 | Foster, United States | $553M | 360 | Cloud-based procurement and invoice management solutions are offered to businesses. | |
| payoneer.com | 2005 | New York, United States | $269M | 2,407 | Cross-border payments are enabled for businesses via diverse payout methods. | |
| vertofx.com | 2017 | Palo Alto, United States | $12.1M | 47 | Cross-border payments and foreign exchange solutions are provided to businesses. |
Detailed competitors of Flywire
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Flywire
The website of Flywire (flywire.com) receives about 1.8M visits a month and ranks #30,607 among all websites worldwide, #1,952 in Financial Planning and Management.
- Monthly visits1.8M
▲ 38.6% vs previous month
- Unique visitors518.6K
per month
- Global rank#30,607
among all websites
- Category rank#1,952
Finance · Financial Planning and Management
- Bounce rate31%
- Pages per visit6.7
- Average visit3 min 59 sec
- DevicesDesktop 59% · Mobile 41%
Websites whose visitors overlap most with Flywire. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| authorize.net | 100% | 2.8M | #17,289 | View details | |
| sunrate.com | 99% | 97.9K | #216,421 | View details | |
| globalpayments.com | 98% | 361.1K | #130,299 | View details | |
| chase.com | 65% | 198.6M | #125 | View details | |
| bankofamerica.com | 63% | 113.9M | #258 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 26 similar websites and full traffic analytics for Flywire
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 26 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Flywire (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Flywire
Complete news archive for Flywire
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Flywire
Flywire was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Flywire is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Flywire is a funded company, having raised a total of $263.2M across 12 funding rounds to date. The company's 1st funding round was a Series A of $7.5M, raised on Oct 2010.
Flywire has 1,355 employees.
Annual revenue of Flywire is $492.14M as on Dec 31, 2024.
Flywire is established as a leader in global payments and software solutions. A next-gen payments platform is provided, alongside a proprietary global payment network and vertical-specific software. Services are tailored for industries such as education, travel, healthcare, and B2B sectors. Cross-border payments are facilitated in over 240 countries and territories, supporting over 140 currencies. Integration with existing workflows is emphasized, ensuring seamless payment reconciliation and secure transactions. First-class customer support is offered to enhance client experience across diverse markets.
Flywire offers Global Payments Platform, Vertical-Specific Software, and Global Payment Network.
Yes, Flywire is publicly traded on NASDAQ under the ticker symbol FLYW.
Flywire has made 7 acquisitions, including Sertifi, Cohort Go, and WPM Education.
Flywire has 35 investors. Key investors include American Express, Goldman Sachs, Accel, Marshall Wace, and Temasek.
The valuation of Flywire is $2.4B as of May 2021.