Flywire raises $100 million in funds
Flywire, the startup company that aids universities, hospitals and business with foreign currency payments has announced it has raised $100 million in series D venture funding.
Flywire, the startup company that aids universities, hospitals and business with foreign currency payments has announced it has raised $100 million in series D venture funding.
Flywire and UnionPay International will provide Chinese students with discounted foreign exchange rates on international tuition through the end of 2018.
Global payment solutions provider Flywire has acquired a UK-based competitor, Uni-Pay, in a move the company says means its client base now accounts for 13% of the global international student market.
Overseas money transfer company peerTransfer is rebranding as Flywire and expanding its US and European operations, after seeing its payment volume and revenue double in the last year.