# Flywire Payments Corporation

Flywire Payments Corporation is a Payments / Fintech based in Mumbai, India.

## Overview

- **Organization type:** Payments / Fintech
- **Headquarters:** Mumbai, India
- **Region:** Asia
- **Address:** Mumbai, India
- **Founded:** 2009
- **Assets under management:** Undisclosed
- **Website:** flywire.com
- **LinkedIn:** https://www.linkedin.com/company/flywire/

## Regulatory record

- **Reports private funds:** No

## About

Flywire Payments Corporation was founded in 2009 by Mike Massaro and a team of payments veterans to solve the friction in international tuition payments. The company emerged from the Boston-area payments ecosystem and has since expanded its platform to serve multiple industries. The firm's strategy focuses on vertical-specific payment software: it automates receivables for education institutions, healthcare providers, and business-to-business merchants. Flywire operates across 140 countries and supports over 120 currencies, processing payments for more than 2,400 clients including universities like Harvard and Johns Hopkins. The platform integrates into client billing systems using a mix of ERP integrations, portals, and APIs. Flywire has raised over $200M in venture funding from investors including Goldman Sachs, F-Prime Capital, and Temasek. The firm went public via an IPO on the Nasdaq in May 2021, listing under the ticker FLYW. It maintains dual headquarters in Boston and Mumbai, with additional offices in the UK and Singapore. The firm's structural differentiator is its payment-stacking model: Flywire issues money transmitter licenses in all 50 US states and holds licenses in multiple jurisdictions, enabling it to route cross-border payments natively without relying on intermediary banks. This vertical integration reduces trace fees and improves settlement speed for clients, creating a defensible technology moat.

## Offices

- Boston, United States

## People

- Mike Massaro — CEO
- Rob Orgel — President & COO
- David King — CFO

## Questions

### Who controls investment decisions at Flywire?

Mike Massaro has served as CEO since the company's founding in 2009 and leads strategic direction. The board includes representatives from major investors such as Goldman Sachs and F-Prime Capital (per SEC filings).

### Which verticals does Flywire target?

The firm focuses on three verticals: education, healthcare, and B2B payments. Within education, it processes tuition and fee payments for universities; in healthcare, it handles patient billing and insurance reconciliation; for B2B, it automates accounts receivable for mid-market enterprises (per the firm's public communications).

### Does Flywire face regulatory risk?

Yes, as a money services business, Flywire must maintain money transmitter licenses in all states where it operates and comply with international AML/KYC regulations. The firm has been active in regulatory compliance since its founding (per SEC filings).

## Related profiles

- [Enverus](https://altss.com/profile/enverus)

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Last updated: 2026-06-03T20:00:00.000Z

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