Flywire news and trends

FinTech IPO Index Loses 0.4% Despite Big Gains by Upstart and Sezzle
Fintech Investments // August 09, 2024

The wild Wall Street ride continues as earnings have moved the FinTech IPO Index hither and yon, though the past week wound up being mostly a draw, as the overall Index slipped a relatively tame 0.4%. Despite the cases where several names reported positive momentum,...

This Week in B2B: Capturing Real-Time Intelligence’s Competitive Edge
B2B Payments // August 08, 2024

B2B operations frequently require a greater level of sophistication than their B2C counterparts. Payments, especially, are typically larger and more complex transactions and must mesh with monolithic, already-existing systems. That’s what makes the whole concept of digitization and the payoff that comes along with it...

Flywire Enhances B2B Payment Solution With Acquisition of Invoiced
Acquisitions // August 06, 2024

Flywire has acquired Invoiced, a software-as-a-service (SaaS) platform that enables B2B finance teams to automate the order-to-cash process. This acquisition will enhance Flywire’s B2B payments solution, extend its customer footprint across a diversified customer base and provide it with the opportunity to monetize the domestic and international...

One Inc Appoints Flywire Veteran Michael Ellis as CFO
CFO // August 06, 2024

One Inc has named former Flywire Chief Financial Officer (CFO) Michael Ellis as its new CFO. Ellis will oversee the financial activities of the digital payments network for the insurance industry and will help drive its growth in collaboration with CEO Ian Drysdale, to whom he will report,...

Interviews & Exclusives
FinTech IPO Index Loses 0.4% Despite Big Gains by Upstart and Sezzle

August 09, 2024
The wild Wall Street ride continues as earnings have moved the FinTech IPO Index hither and yon, though the past week wound up being mostly a draw, as the overall Index slipped a relatively tame 0.4%. Despite the cases where several names reported positive momentum, new subscribers, loan originations and other advancing metrics, the overall […]

BNPL Regulation Grabs Headlines as FinTech IPO Index Loses 2.7%

May 24, 2024
The FinTech IPO Index lost 2.6% as earnings trickled in. The buy now pay later (BNPL) space, arguably, held sway — dominating headlines as the Consumer Financial Protection Bureau (CFPB)...

Earnings Deluge Helps Send FinTech IPO Index 4% Higher

May 10, 2024
Earnings were everywhere this past week, driving the FinTech IPO Index 4% higher through a volatile week of trading.  Buy Now, Pay Later Momentum Sezzle shares soared 52%. The company’s...

FinTech IPO Index Ekes Out 0.6% Gain Led by Katapult and Nuvei

February 09, 2024
The FinTech IPO Index gains 0.6%, with only a bit of earnings in the mix — and with a spate of partnership announcements dominating the headlines. Katapult Leads the Way...

Quick Reads
Flywire Enhances B2B Payment Solution With Acquisition of Invoiced

August 06, 2024
Flywire has acquired Invoiced, a software-as-a-service (SaaS) platform that enables B2B finance teams to automate the order-to-cash process. This acquisition will enhance Flywire’s B2B payments solution, extend its customer footprint across a diversified customer base and provide it with the opportunity to monetize the domestic and international invoicing volume managed by the Invoiced platform, Flywire said in […]

One Inc Appoints Flywire Veteran Michael Ellis as CFO

August 06, 2024
One Inc has named former Flywire Chief Financial Officer (CFO) Michael Ellis as its new CFO. Ellis will oversee the financial activities of the digital payments network for the insurance industry and...

Report: Flywire Exploring Sale After Shares Drop 50% Since IPO

August 02, 2024
Flywire is reportedly exploring a sale after seeing interest in a takeover. The payments processor, which has a market value of $2.3 billion, is working with investment bankers to evaluate...

Flywire and Tencent Financial Team on International Tuition Payments for Chinese Students

July 13, 2023
Flywire and Tencent Financial Technology have teamed up to provide a convenient way for Chinese students to make international tuition payments. This partnership will use the digital wallet Weixin Pay (WeChat Pay) to provide a...