News

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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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'Doubling Down' on The Global Citizen

PYMNTS.COM

When Flywire rebranded four months ago away from its peerTransfer name, the company made its cross-border payments ambitions crystal clear: Its payments platform would serve a new category of consumer — the global citizen of the world.

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Flywire Continues Rapid Expansion with Acquisition of ScholarFX

Flywire (formerly peerTransfer), a leading 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. The news follows Flywire’s successful October 2015 acquisition of UK-based Uni-Pay, and its continued strong organic growth.

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