News

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Flywire Expands in Canada with ScholarFX Acquisition

Payment Week – by Melanie Macinas

Cross-border payment solutions provider Flywire continues its rapid expansion, this time in Canada with the acquisition of ScholarFX, which processes tuition, room and board payments for international students attending schools in the country.

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Flywire acquires ScholarFX

Finextra

Flywire (formerly peerTransfer), a provider of cross-border payment solutions, today announced the acquisition of Toronto-based ScholarFX, a respected processor of tuition, room and board payments for international students attending universities and other educational institutions in Canada.

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Flywire acquires another competitor: Canada’s ScholarFX

Beta Boston – By Curt Woodward

Online tuition-payments service Flywire is gobbling up another competitor.

The Boston startup says it’s acquired ScholarFX, a Toronto-based company that processes tuition and housing payments for international students attending college in Canada. Terms of the deal were not disclosed.

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