Stay updated with breaking news from Flywire Corp. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/ISNHJO4KYRI2LBIDCHX7UZJ4QE.jpg)
Temasek Holdings-backed payments firm Flywire Corp (FLYW.O) was valued at $3.39 billion in its Nasdaq debut on Wednesday, 239% higher from its valuation after a funding round in February last year, according to data from Pitchbook.
Temasek-backed Flywire valued at US$3.4 billion in US debut Toggle share menu Advertisement 26 May 2021 11:55PM Share this content Bookmark REUTERS: Temasek Holdings-backed payments firm Flywire Corp was valued at US$3.39 billion in its Nasdaq debut on Wednesday. The company's shares opened at US$34 each, up from the initial public offering price of US$24 apiece. Advertisement Tagged Topics Pressed for time? Get top stories at a glance direct to your inbox. Invalid email address Try Again This service is not intended for persons ...
ADVERTISEMENT 2 Fintech Startups Prep IPOs That Could Net $400M Combined Law360 (May 18, 2021, 7:09 PM EDT) -- Payment processor Flywire set a price range Tuesday on an estimated $200 million initial public offering, represented by Gunderson Dettmer, joining electronic billing platform Paymentus among fintech startups that are launching plans to go public next week. Flywire Corp. LLP told regulators that it plans to offer 8.7 million shares priced between $22 and $24, raising $200 million at midpoint. The disclosure came one day after Paymentus Holdings Inc. revealed plans for a similar-size...
Provided by Dow Jones By Colin Kellaher Global payments platform Flywire Corp. on Monday made public its filing with the U.S. Securities and Exchange Commission for an initial public offering. The Boston company's filing indicates it plans to raise $100 million, although that figure is often used as a placeholder to calculate filing fees. Flywire, whose current investors include Bain Capital, Spark Capital, Temasek Holdings and Goldman Sachs, in March said it had filed confidentially with the SEC for the planned IPO. Reuters in January had reported that the IPO c...
UPDATE 2-Payments firm Flywire makes U.S. IPO filing public Reuters 2 hrs ago Popular Searches May 3 (Reuters) - Payments firm Flywire Corp on Monday made its paperwork for a U.S. listing public and revealed a 38% surge in revenue in the latest quarter as it benefits from strong remote working trends due to the COVID-19 pandemic. Flywire had confidentially filed to go public in March and could seek a valuation as high as $3 billion when it sets terms for the offering, Reuters reported in January. The Boston-based company, which was founded in 2011 and focuses on payments in the education, h...