Twitter LinkedIn
    Wednesday, March 22
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»IPO»Temasek-backed payments firm Flywire eyes $2.4b valuation in US IPO
    IPO

    Temasek-backed payments firm Flywire eyes $2.4b valuation in US IPO

    May 18, 2021Updated:May 18, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Flywire Corp is seeking a valuation of up to $2.4 billion in its initial public offering in the United States, the Temasek Holdings-backed payments firm said in a filing on Tuesday.

    The company said it is offering 8.7 million shares with voting rights for a price between $22 and $24 each. At the top end of the range, the IPO would bring in nearly $209 million for Flywire.

    Founded in 2011, Boston-based Flywire focuses on enabling payments in the education, healthcare and travel sectors. Its IPO plan comes amid a surge in interest in the fintech space that has seen companies including Affirm Holdings Inc and Stripe raise capital at sky-high valuations.

    Flywire had confidentially filed for a listing in March, months after Reuters reported it was planning an IPO at a possible valuation of $3 billion.

    Read More

    Source: Deal Street Asia

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    IPO PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    KKR looking to sell Canadian gas producer Westbrick for $1.13B

    November 18, 2022

    Carlyle targeting $1.6B for second renewables fund

    November 18, 2022

    Comments are closed.

    Other Articles

    Dentons advises Alpha Private Equity on the sale of the ready-to-wear brand Cyrillus to MGA Paris and Alandia Industries

    May 21, 2021

    Lauxera Capital Partners invests in Caresyntax

    April 30, 2021

    Selfridges sold to Thai and Austrian alliance in $5 bln deal

    December 27, 2021

    Praetura Ventures leads PixelMax’s GBP2m investment round

    March 27, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?