“Can a global payments and receivables platform for complex, high-value verticals (education, healthcare, B2B) become the financial operating system for institutional receivables worldwide?”
Founded in 2011 as peerTransfer, Flywire originally focused on simplifying international tuition payments for universities. The company rebranded to Flywire and expanded beyond education into healthcare and B2B verticals, building a global payment and receivables platform handling complex, high-value cross-border transactions. After its 2021 Nasdaq IPO, Flywire deepened its vertical SaaS approach by embedding financing (patient financing in healthcare) and expanding ERP integrations, positioning itself as a full receivables and payments OS for institutions.
Flywire processes payments through Adyen.
Flywire integrates with NetSuite, Salesforce CRM, Oracle and SAP.
The Embedded Finance Index 2026 maps 3 layers in Flywire's stack: Payments / PSP (Adyen); Lending (Integrated patient financing (non-recourse, interest-free)); Accounting (NetSuite, Salesforce CRM, Oracle and SAP).
Flywire is founded in 2011 and headquartered in Boston, MA, USA.
Get a read on where your own stack stands against Flywire and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.