Flywire Corp
Close on Oct 19, 2026
- Market cap
- $2.22B
- P/E (TTM)
- 69.9
- Dividend yield
- –
About Flywire
Services-Business Services, NEC, SIC 7389
Flywire Corporation provides payment processing software and financial services designed to facilitate complex and international transactions. Its platform supports cross-border commerce by connecting institutional clients with payers across diverse sectors. The company operates across multiple industry verticals, including higher education, travel, and business-to-business commerce. Through specialized solutions such as Sertifi, Invoiced, and StudyLink, Flywire delivers electronic billing, agreement workflows, and payment enablement. Its customers primarily include educational institutions serving international students, travel providers, commercial enterprises, and partnering financial institutions seeking automated cross-border and domestic payment handling.
The company maintains its corporate headquarters in Boston, Massachusetts. Its geographic presence and operational activities span North America, the Asia-Pacific region, Europe, the Middle East, and Africa, with documented business across countries including the United States, Canada, the United Kingdom, Australia, Spain, Mexico, Singapore, and Israel.
Summary of the business section of Flywire's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Flywire Corp
- Founded
- 2009
- Headquarters
- Boston, MA
- Address
- 141 Tremont Street, Suite 10 02111
- Phone
- (617) 329-4524
- Website
- www.flywire.com
- Employees
- 1,400, Dec 31, 2025
- Industry
- Services-Business Services, NEC
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Boston, Massachusetts
Stock & identifiers
- Ticker
- FLYW
- Exchange
- Nasdaq
- IPO date
- May 26, 2021
- Shares outstanding
- 122M, Jul 31, 2026
- Public float
- $1.35B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1580560
- CUSIP
- 302492103
- ISIN
- US3024921039
- LEI
- 54930055DSV7NNY4VY66
- EIN
- 27-0690799
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Michael Massaro | Chief Executive Officer, Director | 2,592,751 |
| David R. King | See Remarks | 1,314,983 |
| Peter Butterfield | General Counsel and CCO | 601,022 |
| Mohit Kansal | Chief Payments Officer | 478,324 |
| Cosmin Pitigoi | Chief Financial Officer | 856,575 |
| Rob Orgel | President and COO | 916,918 |
| Patrick Blanc | Chief Technology Officer | 234,234 |
| Sabrina Farmer | Director | 20,301 |
| Phillip John Riese | Director | 294,051 |
| Edwin J. Santos | Director | 11,558 |
| Matthew C. Harris | Director | 8,663,538 |
| Gretchen Howard | Director | 59,318 |
| Carleigh Jaques | Director | 44,152 |
| Christine Katziff | Director | 39,783 |
| Diane E. Offereins | Director | 58,777 |
| Alex Finkelstein | Director | 270,831 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Michaelmassaro | $8.80M | – | $4.16M | $59 | $234 |
| FY2025 Mr. Massaro | $8.80M | $7.08M | $4.16M | $59 | $234 |
| FY2024 Michaelmassaro | $10.00M | – | $11.28M | $86 | $190 |
| FY2024 Mr. Massaro | $10.00M | $6.45M | $11.28M | $86 | $190 |
| FY2023 Michaelmassaro | $8.67M | – | $4.68M | $96 | $140 |
| FY2023 Mr. Massaro | $8.67M | $8.25M | $4.68M | $96 | $140 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, a collective team of approximately 1,400 full-time employees and contractors, who we call FlyMates, strive for excellence as one team, guided by our core values.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Feb 25, 2025 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Feb 28, 2023 | Late filing | Notification of late filing |
| May 26, 2021 | IPO | Initial public offering priced (424B4 prospectus) |
| May 21, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jan 14, 2015 | Name change | Name changed from peerTransfer Corp to Flywire Corp |