‘Working with Maveron was an easy decision for the Flywire founding team. As a consumer-focused VC, Maveron understands that payments are evolving rapidly, and that the winning models will discard the traditions of the past. Maveron’s decision to invest in Flywire was a clear expression of their confidence in our business concept.’
—MIKE MASSARO, CEO
Focused initially on the education vertical, Flywire (formerly peerTransfer) is the #1 processor of global tuition payments made by international students from 200 countries and territories, for study abroad at 750+ colleges and universities. The company’s cloud-based platform can be applied in turnkey fashion to other industry verticals that are characterized by high-ticket, cross-border payments. Currency conversions are performed at FX rates that can offer significant savings to students – and parents – alike.
Flywire went public on May 26, 2021 (NASDAQ: FLYW).
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