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Flywire raised $120m Series E from Goldman Sachs, then acquires a healthcare payments startup

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.”

Tags

payments, m&a