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Flywire Priced, Nasdaq: FLYW

Provides payment processing software to education, healthcare, travel, and B2B firms.

Industry: Technology

Latest Trade: $20.79 0.00 (0.0%)

First Day Return: +46.3%

Return from IPO: -13.4%

Industry: Technology

Flywire is a leading global payments enablement and software company. Our next-gen payments platform, proprietary global payment network and vertical-specific software help our clients get paid and help their customers pay with ease—no matter where they are in the world. Our clients rely on us for integrated solutions that are both global and local, combine tailored invoicing with flexible payment options, and deliver highly personalized omni-channel experiences. We believe we make generational advances for our clients by transforming payments into a source of value and growth for their organizations while delighting their customers with payment experiences that are engaging, secure, fast, and transparent. There have been substantial strides made in payments technology in the retail and e-commerce industries; however, massive sectors of our global economy—including education, healthcare, travel, and business-to-business, or B2B, payments—are still in the early stages of digital transformation. We estimate the annual addressable volume for these sectors alone to be approximately $11.7 trillion. We believe Flywire is well-positioned to capture a meaningful share of this global payment volume given our ability to provide deeply-integrated digital solutions that address both domestic and cross-border payments.
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IPO Data
IPO File Date 05/03/2021
Offer Price $24.00
Price Range $22.00 - $24.00
Offer Shares (mm) 10.4
Deal Size ($mm) $251
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/25/2021
Offer Price $24.00
Price Range $22.00 - $24.00
Offer Shares (mm) 10.4
Deal Size ($mm) $251
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
J.P. Morgan
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Company Data
Headquarters Boston, MA, United States
Founded 2009
Employees 473
Website www.flywire.com

Flywire (FLYW) Performance