Flywire Corp (NASDAQ: FLYW) is a global payments enablement and software company that specializes in facilitating complex cross-border transactions. Its cloud-based platform streamlines receivables and payer workflows across key verticals including education, healthcare, travel and hospitality, and commercial services. Flywire’s technology integrates with institutional systems to automate payment posting, reconciliation and reporting, aiming to improve the payer experience and accelerate cash flow for its clients.
Founded in 2009 by entrepreneur Iker Marcaide as peerTransfer, the company rebranded as Flywire in 2015. It has grown through product innovation and strategic acquisitions, notably the purchase of Simplee in 2019 to broaden its healthcare receivables capabilities. Flywire maintains a global footprint, supporting transactions in more than 240 countries and territories and accepting over 130 local currencies. Its solutions are used by hundreds of universities, hospitals and businesses worldwide to manage high-value, cross-border payments.
Under the leadership of Chief Executive Officer Mike Massaro, Flywire has expanded its service offerings to include end-to-end payment and billing automation, payer self-service portals and analytics tools that deliver insights into payment trends and operating performance. Leadership also emphasizes partnerships with banks, payment networks and financial institutions to enhance payment options and streamline settlement processes.
Headquartered in Boston, Massachusetts, Flywire operates regional offices across North America, Europe and the Asia-Pacific region. The company focuses on industry-specific workflows and compliance requirements, aiming to deliver secure, transparent and efficient payment experiences for both buyers and sellers in a digitally connected global economy.
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