Flywire

Flywire Overview

Flywire develops a vertical payments platform designed to simplify the global payment and receivables process. Its platform utilizes vertical-specific insight and technology to optimize the payment experience while eliminating operational challenges from invoicing to payment reconciliation, enabling organizations to improve operational efficiency and protect their customers from fraudulent activity. In 2020, Flywire acquired the Israeli payment startup, Simplee. Flywires acquisition of Simplee accelerates the digitization of payments to address the challenges around patient engagement as well as healthcare finance and affordability. Combining Flywires high-tech platform for providers with Simplees consumer-first paths to payment, both patients and providers are empowered to settle payment faster and on their own terms.

Latest News

Feb 13, 2020 · www.globenewswire.com

growth-positive

Flywire Acquires Simplee to Transform Healthcare Payments Experience

Flywire, a high-growth vertical payments company, has acquired Simplee, a leading healthcare technology platform, to optimize the digital payments and patient engagement experience in healthcare. The acquisition accelerates Flywires market share in the healthcare payments business. Flywire has also announced a $120 million Series E investment round led by Goldman Sachs, which will support the companys vision to digitize payments across key verticals. The acquisition and investment align with the growing global payments industry, which is expected to reach $2.5 trillion by 2028. Flywire aims to address the challenges around patient engagement, healthcare finance, and affordability through the digitization of payments.

AcquisitionInvestment

Team Members

1

Employees: 11-50

Web & Social Links

Locations

Yigal Alon Street 86, Tel Aviv-Yafo, Israel

Photos & Videos

No files yet

Flywire Internal

Recent Updates

Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.

Admin Info