Flywire, a $2.3B U.S. payments processor, explores sale after receiving acquisition interest.

Flywire, a $2.3B U.S. payments processor, is considering selling the company after receiving acquisition interest. Based in Boston, Flywire is working with Qatalyst Partners to evaluate potential buyer interest, which includes private equity firms. The company's shares have lost over half their value since its IPO, and it faces stiff competition and high inflation.

August 02, 2024
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