Summary
Flywire Corporation, together with its subsidiaries, operates as a payment enablement and software company in the United States, Canada, and the United Kingdom, and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company's platform facilitates payment flows across multiple currencies, payment types, and payment options; and provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly. It serves education, healthcare, travel, and business to business organizations. Flywire Corporation was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. Flywire Corporation was incorporated in 2009 and is headquartered in Boston, Massachusetts.
History
Flywire, formerly peerTransfer, was founded in 2009 by Iker Marcaide and Miles Witt. In 2012, the company received $22M in Series A funding to expand its cross-border payment technology. In 2014, Flywire announced a $15M Series B investment led by Spark Capital. The company later received a $60M Series C investment from Bain Capital Ventures and Temasek in 2016.
Mission
Our mission is to deliver the most important and complex payments in the world.
Vision
Flywire's vision is to create a global infrastructure that connects businesses and individuals to each other, and to the global economy.
Key Team
Mr. David R. King (Chief Technology Officer)
Mr. Akil Hollis (VP of Financial Planning & Analysis and Investor Relations)
Ms. Allison MacLeod (Chief Marketing Officer)
Mr. Uday Seth (VP of Bus. Operations & Corp. Devel.)
Mr. Peter Butterfield (Gen. Counsel & Chief Compliance Officer)
Mr. Gary Cunningham (Chief People Officer)
Ms. Sharon Butler (Exec. VP of Global Education)
Recognition and Awards
Flywire won 4 awards in 2022 and 10 awards in 2021. In 2022, Flywire won for Best Company for Diversity 2022, Best Company for Women 2022, Best CEO 2022 and Best Career Growth 2022. In 2021, Flywire won for Best Company for Diversity 2021, Best Company for Women 2021, Best CEO 2021, Best Company Culture 2021, Best Company Perks & Benefits, Best Company Compensation, Best Company Happiness, Best Career Growth 2021, Best Leadership Teams 2021 and Best CEOs for Diversity 2021. Based on 4,777 ratings and 164 participants, employees at Flywire are very satisfied with their work experience. The overall culture score, 90/100 or A+, incorporates employee ratings based on their feedback on the Outlook, CEO Rating, Manager and more.
References