Flywire

Global payments processing

Flywire logo
1001+ employees
  • Fintech
  • B2B
  • Payments
  • SaaS
Boston, MA

Company mission

To save international students and their families money that would otherwise be lost on bank fees and unfavorable foreign exchange rates.

Top investors

12% employee growth in 12 months

Our take

Flywire is a digital platform that simplifies the paying experience for international transactions. Flywire leverages its vertical-specific software and payments technology to deeply embed within client's existing accounts-receivable workflows.

Flywire was first set up to help international students pay their tuition for American colleges, but has since grown into a global payments enablement and software company. It has processed billions of dollars in payments for clients across the world and recently secured approval for its major payment institution license, enabling it to operate domestic money transfer and cross-border money transfer services.

Flywire serves clients across education, healthcare, travel, and B2B, including several Ivy League schools, and top US hospital systems. The company appears to be focussed on growth, including by strategic acquisitions and entry into new markets, recently in the Asia Pacific and Australia, as well as further developing its channel partners ecosystem.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Work From Home Stipend
  • Wellbeing Programs (Mental Health, Wellness, Yoga/Pilates/HIIT Classes) with Global FlyMates
  • Dynamic & Global Team (we have been collaborating virtually for years!)
  • Competitive compensation, including Restricted Stock Units
  • Great Talent & Development Programs (Managers Taking Flight – for new or aspiring managers!)
  • Be a meaningful part in our success - every FlyMate makes an impact
  • Employee Stock Purchase Plan (ESPP)
  • Flying Start - Our immersive Global Induction Program (Meet our Execs & Global Teams)
  • Work with brilliant people that will keep you on your toes, learn more about their journeys by checking out #InsideFlywire on social media
  • Competitive time off including FlyBetter Days to volunteer in a cause you believe in and Digital Disconnect Days!

Funding (last 2 of 8 rounds)

Mar 2021

$60m

SERIES F

Feb 2020

$120m

SERIES E

$323.2m

Total funding

This company has top investors

Leadership

Mike Massaro

(CEO, not founder)

Consultant at PwC. VP Strategic Accounts at Carrier IQ, before joining Flywire as VP Business Development in 2013. Became CEO upon departure of founder Iker Marcaide in 2013.