Flywire Corporation

Flywire Corporation is a payment enablement and software company that provides a comprehensive payment platform. Its platform integrates into existing apps and workflows, offering tailored invoicing, settlement and reconciliation tools, single sign-on and checkout, recurring payments, and split payouts. The company also provides a payment network with access to various payment methods, including banks, third-party payment providers, payment networks, digital wallets, and direct connections to alternative payment methods such as Alipay, Boleto, PayPal/Venmo, and Trustly. Additionally, Flywire offers vertical-specific software with digital workflows, integration and synchronization to core and industry-specific systems, real-time access, and predictive analytics. The company serves the education, healthcare, travel, and B2B industries.

Flywire Corporation is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol FLYW. The company trades in US Dollars (USD), as it is headquartered in the United States. Being listed on a major US exchange like NasdaqGS provides liquidity and visibility to global investors.

Flywire Corporation operates in the Technology sector, specifically within the Software - Infrastructure industry. This classification reflects the company's focus on providing a payment platform and software solutions that enable payment processing and workflow automation for various industries. As a software infrastructure company, Flywire builds the underlying technology that allows businesses to manage payments and integrate financial workflows seamlessly.

Flywire Corporation is headquartered in Boston, Massachusetts, United States. The company serves clients in the United States, Europe, the Middle East and Africa, and the Asia Pacific region. Its global reach is supported by a payment network that connects to multiple payment methods and alternative payment options popular in different regions, such as Alipay in Asia and Boleto in Brazil. Flywire focuses on four key verticals: education, healthcare, travel, and B2B industries, providing tailored solutions for each.

Flywire Corporation generates revenue by charging fees for payment processing and providing software solutions on its platform. Its business model involves enabling clients to accept payments from customers globally through a unified platform. Notable aspects of its portfolio include vertical-specific software with digital workflows tailored to education, healthcare, travel, and B2B sectors. The platform offers integration and synchronization with core and industry-specific systems, real-time access to data, and predictive analytics. Additionally, Flywire provides direct connections to alternative payment methods like Alipay, Boleto, PayPal/Venmo, and Trustly, which are crucial for international transactions. The company was originally founded as peerTransfer Corporation in 2009 and rebranded to Flywire in December 2016.