Boston based vertical payments company raised $120m in Series E funding led by Goldman Sachs. Flywire also acquired Simplee, a healthcare payments platform that had raised $36.4m.
“Flywire is uniquely built on a global payments network, which is the cornerstone of how we move billions of dollars across 200+ countries and 150 currencies, and an industry-leading payments platform” said Mike Massaro, CEO of Flywire. “This digital foundation enables us to develop vertical-specific applications that make payments more efficient and cost-effective for our global clients. The Simplee acquisition improves patient engagement and healthcare affordability and extends these capabilities to a broader customer base.”