When was Flywire founded?

Flywire was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Where is Flywire located?

Flywire is headquartered in Boston, United States. It is registered at Boston, Massachusetts.

Who is the current CEO of Flywire?

Mike Massaro of Flywire. They are also an angel investors in 1 startup.

How many employees does Flywire have?

As of Apr 30, 2026, the latest employee count at Flywire is 1305.

Is Flywire a funded company?

Flywire is a funded company, having raised a total of $263M across 9 funding rounds to date. The company's 1st funding round was a $1.1M Seed round, raised on Oct 28, 2010.

When was the latest funding round of Flywire?

Flywire's latest funding was a Series E round on Mar 04, 2021, with participation from 7 investors.

What is the annual revenue of Flywire?

Annual revenue of Flywire is $623M as on Dec 31, 2025.

Is Flywire a Payments company?

The primary sector of Flywire is Payments.

Where does Flywire rank among its competitors?

Flywire ranks 26th amongst 1898 active competitors, of which 184 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was PayU, which secured $35.1M in Jul, 2025.

Who are the top competitors of Flywire?

Flywire's top competitors include PayPal, Stripe and PayU. Among them, PayU secured the most recent funding round in July, 2025.

Flywire - 2026 Company Profile, Team, Funding, Competitors & Financials

Flywire is a public company based in Boston (United States), founded in 2009 by Iker Marcaide. It operates as a Provider of payment and software solutions for various business sectors. Flywire has raised $263M in funding from investors like Spark Capital, Advent International and Goldman Sachs. The company has 1898 active competitors, including 184 funded and 213 that have exited. Its top competitors include companies like PayPal, Stripe and PayU.

Sectors and market segments that Flywire operate in

Flywire serves in the FinTech market segments.The primary business model of Flywire is:

FinTech > Payments > ***** **** > ***** ******

Company Details

Provider of payment and software solutions for various business sectors. The company offers a platform designed to streamline payment processes across different industries. It facilitates global payment flows with tools for invoicing and payment management. The company’s software integrates with existing systems to provide solutions tailored to specific client needs.

Website: www.flywire.com/
Social
Email ID: *****@flywire.com
Phone Number: +1 **********
Registered Address: Boston, Massachusetts

Key Metrics

Founded Year

2009

Location

Boston, United States

Stage

Public

Total Funding

$263M in 9 rounds

Latest Funding Round

Series E, Mar 04, 2021, Undisclosed

Investors

Spark Capital & 36 more

Ranked

26^th among 1898 active competitors

Annual Revenue

$623M as on Dec 31, 2025

Employee Count

1,305 as on Apr 30, 2026

Investment & Acquisitions

Sertifi & 7 more

Similar Companies

Stripe & 3251 more

Exit Details

Public

View Flywire's full profile

Flywire is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FLYWIRE CORPORATION CIN: 270690799 , United States, Active	Dec 31, 1999	-	391 (As on Dec 31, 2024)	-
FLYWIRE CORP CIN: 1580560 , United States, Active	Jul 30, 2009	$623M (As on Dec 31, 2025)	-	-

Flywire got listed on Sep 29, 2016.

Click here to take a look at Flywire's IPO in detail

Flywire has raised a total funding of $263M over 9 rounds. Its first funding round was on Oct 28, 2010. Its latest funding round was a Series E round on Mar 04, 2021 for an undisclosed amount. 7 investors participated in its latest round. Flywire has 29 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Flywire:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 04, 2021	Undisclosed	Series E	-	-	Whale Rock Capital Management, Marshall Wace, Advent International	Spark Capital, Temasek, Goldman Sachs, Adage Capital Management
Feb 13, 2020	$120M	Series E	-	-	Goldman Sachs	Adage Capital Management, Tiger Global Management
Jul 26, 2018	$100M	Series D	-	-	Temasek	Bain Capital Ventures, F-Prime Capital

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View details of Flywire's funding rounds and investors

The founders of Flywire is Iker Marcaide.

Here are the details of Flywire's key team members:

Iker Marcaide: Founder of Flywire and founder of 2 other companies, Imaginemontessori and CoCircular. They are also an angel investor in 1 startup.
Mike Massaro: CEO of Flywire. They are also an angel investor in 1 startup.
Contact Info: 1 email address

View details of Flywire's Founder profiles and Board Members

Flywire's employee count trend

Flywire has 1,305 employees as of Apr 26. Here is Flywire's employee count trend over the years:

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Top competitors of Flywire include PayPal, Stripe and PayU. Here is the list of Top 10 competitors of Flywire, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayPal 1998, United States, Public	Provider of online payment solutions, money transfers, and virtual wallets	$216M	ING, MDP & 27 others	87/100
2nd	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 121 others	87/100
3rd	PayU 2002, Amsterdam (Netherlands), Series C	Provider of online payment solutions and financial services for businesses	$35.1M	Naspers, Prosus & 4 others	84/100
4th	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$533M	Accel, Coatue & 28 others	83/100
5th	Flutterwave 2016, San Francisco (United States), Series D	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Tiger Global Management & 71 others	83/100
6th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Index Ventures, Iconiq Capital & 14 others	80/100
7th	Worldpay 1993, London (United Kingdom), Acquired	Provider of payment processing solutions for online, in-store, and omnichannel commerce	$18M	Ares Capital Corporation, Partners Group & 4 others	77/100
8th	ACI Worldwide 1975, Omaha (United States), Public	Process and manage digital payments	-	Starboard Value, ABS Capital & 2 others	76/100
9th	Corpay 2000, Atlanta (United States), Public	Provider of payment automation and expense management software solutions	$175M	Performance Equity Management, Mastercard ... & 9 others	76/100
10th	Modern Treasury 2018, San Francisco (United States), Series C	Provider of APIs to automate and manage money movement and ledgering	$183M	Altimeter Capital, SVB & 16 others	74/100
26th	Flywire 2009, Boston (United States), Public	Provider of payment and software solutions for various business sectors	$263M	HTIF, Bain Capital Ventures & 35 others	66/100

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Looking for more details on Flywire's competitors? Click here to see the top ones

Flywire has not made any investments yet. Flywire has made 8 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 25, 2025	Acquisition	Sertifi	2006	Chicago (United States)
Aug 06, 2024	Acquisition	Invoiced	2012	Austin (United States)
Nov 07, 2023	Acquisition	StudyLink	1991	Sydney (Australia)