Flywire Corp

Flywire Corp (FLYW) priced its initial public offering on May 26, 2021 at $24.00 per share, within its $22.00–$24.00 range, raising $250.6M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $2.44B. Goldman Sachs was lead-left underwriter, joined by J.P. Morgan, Citigroup and BofA Securities and others. Gunderson Dettmer advised the company and Goodwin Procter advised the underwriters.

Flywire Corp is a global payments enablement and software company. Its payments platform, proprietary global payment network and vertical-specific software help clients receive payments and let their customers pay in flexible ways, across borders and locally.

Status

IPO

Ticker

FLYW

Exchange

Nasdaq Global Select

Priced

May 26, 2021

IPO price

$24.00

Price range

$22.00–$24.00

Raised

$250.6M

Market cap at IPO price

$2.44B

First filed

May 3, 2021

Underwriters

Goldman Sachs, J.P. Morgan, Citigroup, BofA Securities, Raymond James, RBC Capital Markets, William Blair, Guggenheim, Nomura, Ramirez & Co. and Siebert Williams Shank

Company counsel

Gunderson Dettmer

Underwriters' counsel

Goodwin Procter

Sector

Business services

Country / state

MA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.