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Flywire

Provider
PSPFX / Payouts

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 3 companies across 2 categories.

flywire.com ↗Also analysed as a company — its own stack →
CategoriesPSP, FX / Payouts
Rank#53 of 179 in FX / Payouts
Buyers3 companies
HeadquartersBoston, MA, USA
Founded2011

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Founders & story · from Flywire’s own dossier

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.

Recent developments
  • 2026-03Sub-processor list updated to reflect current vendor stack including Dotfile SAS for KYB, GB Group for identity verification, and Factiva (Dow Jones) for watchlist screening. source ↗
Full dossier: Flywire’s own stack, layer by layer →
Who uses Flywire
3 companies disclose Flywire in their stack
FranConnectBlackbaudSwansea University
Buyer mix · 3 of 3 classified
Higher Education · 1Vertical SaaS / Franchise Management · 1Vertical SaaS / Nonprofit & Social Good · 1
US · 2UK · 1
What the disclosures say
FranConnect
“Flywire is FranConnect's exclusive named payment partner: 'Flywire and FranConnect have partnered together to remove payment barriers for the franchise industry.' Two products in the FranConnect Marketplace — Sign to Pay (initial franchise fee) and Invoice to Pay (royalties) — are Flywire-powered.”
Blackbaud
“Flywire IR press release explicitly names Blackbaud as a strategic partner — Flywire becomes a preferred payment method for international students paying tuition to Blackbaud's K-12 school customers in the US.”
Swansea University
“A separate College payments page references Flywire as the payment portal for international college fee payments. [coerced currencies: kept "GBP", also reported: multi-currency]”
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What Flywire runs on · from its own dossier
The third-party providers Flywire itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Flywire.
PSP
Adyen
Full dossier with evidence for each layer →
Alternatives to Flywire

Other FX / Payouts providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Currencycloud81 buyers →Airwallex80 buyers →Nium67 buyers →Wise Platform58 buyers →Stripe49 buyers →Convera33 buyers →Adyen26 buyers →Visa Direct23 buyers →
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Ranked #53 of 179 in FX / Payouts — Embedded Finance Index 2026
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<a href="https://www.embeddedfinanceindex.com/vendors/flywire?ref=badge">
  <img src="https://www.embeddedfinanceindex.com/api/badge/flywire.svg"
       alt="Ranked #53 of 179 in FX / Payouts — Embedded Finance Index 2026">
</a>
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Flywire — frequently asked

Which companies use Flywire?

3 companies are linked to Flywire in the Embedded Finance Index 2026, through their own public disclosures or Flywire's published customer list, including FranConnect, Blackbaud and Swansea University.

What does Flywire do?

Flywire is an embedded-finance provider in PSP and FX / Payouts. It ranks #53 of 179 FX / Payouts providers by linked companies.

What are the alternatives to Flywire?

The most-named FX / Payouts alternatives to Flywire are Currencycloud (81 buyers), Airwallex (80 buyers), Nium (67 buyers), Wise Platform (58 buyers), Stripe (49 buyers) and Convera (33 buyers).

Where is Flywire headquartered?

Flywire is founded in 2011 and headquartered in Boston, MA, USA.

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