Dow Jones – Payments Platform Flywire Reveals IPO Filing
By Colin Kellaher
Global payments platform Flywire Corp. on Monday made public its filing with the U.S. Securities and Exchange Commission for an initial public offering.
The Boston company’s filing indicates it plans to raise $100 million, although that figure is often used as a placeholder to calculate filing fees.
Flywire, whose current investors include Bain Capital, Spark Capital, Temasek Holdings and Goldman Sachs, in March said it had filed confidentially with the SEC for the planned IPO. Reuters in January had reported that the IPO could value the payments processor at about $3 billion.
Flywire said it has applied to list its shares on the Nasdaq Global Market under the symbol FLYW.
Write to Colin Kellaher at firstname.lastname@example.org
(END) Dow Jones Newswires
May 03, 2021 06:45 ET (10:45 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.