Generic selectors
Exact matches only
Search in title
Search in content

Boston-based payment processor Flywire announced its IPO pricing last night. The company sold 10.44 million shares at $24 per share, the upper limit of its $22 to $24 per share price range. At that share count and price, Flywire’s gross IPO proceeds stood at $250.6 million.

Renaissance Capital pegs the company’s fully diluted valuation at $2.8 billion. Using a simple share count, the company is worth $2.4 billion at its IPO price.


The Exchange explores startups, markets and money. 

Read it every morning on Extra Crunch or get The Exchange newsletter every Saturday.


The Flywire IPO is neat from a financial perspective and notable in that it’s a Boston exit as opposed to yet another New York or San Francisco-based flotation. It’s nice to see some other cities put points on the board.

But more than that, this IPO is a useful measuring stick for keeping tabs on the IPO market as a whole. This year and the last are shaping up to be key exit periods for startups and unicorns of all shapes and sizes; many a venture capital fund return rests on these public debuts.

Source: New feed

2021-05-26T14:26:20+00:00
Fill in the details below
We will contact you right away
Call us on
+1 (281) 706-8157