FLYW News

Six IPOs raised $1.8 billion ahead of the short holiday week, joined by one direct listing and five SPACs. Returns bounced back after tumultuous trading earlier this month, with the week’s deals all finishing above issue. New filers began to flood the summer IPO pipeline, with 19 IPOs and eight SPACs submitting initial filings. Healthcare apparel brand FIGS...read more

Flywire, which provides payment processing software to education, healthcare, travel, and B2B firms, raised $251 million by offering 10.4 million shares at $24, the high end of the range of $22 to $24. The company offered 1.7 million more shares than anticipated. At pricing, the company commands a fully diluted market value of $2.8 billion.  Flywire provides a global...read more

Updated Monday, 5/24. Six IPOs are scheduled to raise $1.4 billion in the week ahead, joined by one direct listing.   Set to begin trading Wednesday, job marketplace ZipRecruiter (ZIP) plans to complete a direct listing on the NYSE, with an estimated market value at listing of more than $3 billion. ZipRecruiter operates an online job...read more

Flywire, which provides payment processing software to education, healthcare, travel, and B2B firms, announced terms for its IPO on Tuesday. The Boston, MA-based company plans to raise $200 million by offering 8.7 million shares at a price range of $22 to $24. At the midpoint of the proposed range, Flywire would command a fully diluted market value of $2.6 billion. Flywire...read more