Payments firm Flywire makes U S IPO filing public reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Payments processor Flywire Corp said on Thursday it had submitted a draft registration statement with the U.S. Securities and Exchange Commission for the proposed initial public offering (IPO) of its common stock.
Payments processor Flywire files paperwork to go public reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
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(Reuters) - Flywire Corp has hired investment banks to prepare for a U.S. initial public offering (IPO) later this year that could value the payments processor at around $3 billion, people familiar with the matter said on Friday.
Flywire is working with Goldman Sachs Group Inc and JPMorgan Chase & Co on the listing, which could come as early as this summer, said the sources, who requested anonymity to discuss the plans.
Flywire declined to comment, as did JPMorgan and Goldman Sachs, which is also an investor in the company.
Founded in 2011, Flywire has processed more than $16 billion in transactions and employs more than 550 people in offices across the United States, Europe and Asia, according to its website.