Flywire Named a Finalist for Two Mass TLC Awards

7/27/17

BOSTON, July 27, 2017 (GLOBE NEWSWIRE) -- Flywire, a provider of international payments and receivables solutions for business, education and healthcare, has been named a finalist in two categories for the 2017 Mass Technology Leadership Council (TLC) Awards. 14 different award categories were announced reflecting the vitality, innovation and importance of the region's technology industry.

Flywire was selected for Emerging Company of the Year along with CloudHealth Technologies, Cybereason, Everbridge and Toast. In addition, Flywire’s new solution for international business payments and receivables, launched in March 2017, was named a finalist for Innovative Financial Tech of the Year along with AnchorOps’ ePay Politica, Cantina Empower Retirement’s Apple Watch App, Elsen’s nPlatform, and Rate Gravity.

Flywire connects the various entities around the world involved in cross-border transactions to minimize friction, payment cycle time, and exchange costs. The company serves a variety of business market segments and models including automotive, travel, luxury goods, publishing, import/export, business/professional services, and technology, as well as education and healthcare. With Flywire, these organizations can offer their customers a highly-tailored, international payment experience – customized by country, currency and vertical, while streamlining the management, tracking and receipt of those payments.

Finalists were selected from hundreds of nominations, as judged by panels of industry leaders in 14 different categories. The winners will be announced at the MassTLC Leadership Awards Gala on September 14 at Boston's Seaport World Trade Center. More information is available at http://masstlcawards.org/.

"Massachusetts is among the world's top regions engaged in creating whole new industries and markets while redefining existing ones," said MassTLC President Tom Hopcroft. "We produce visionary leaders and exciting, high-growth companies and startups that propel the state's economy. Ranging from robotics and the Internet of Things to products for financial or security operations, our 20th annual Technology Leadership Awards draws attention to the deep pool of talent, innovative spirit and determination that thrives in the Bay State."

About The Mass Technology Leadership Council, Inc.

With 500+ member companies, the Mass Technology Leadership Council (MassTLC) is the region's leading technology association and the premier network for tech executives, entrepreneurs, investors and policy leaders. MassTLC's purpose is to accelerate innovation by connecting people from across the technology landscape, providing access to industry-leading content and ideas and offering a platform for visibility for member companies and their interests. More information is available at www.masstlc.org.

About Flywire
Flywire is a leading provider of international payment solutions, connecting businesses and institutions with their customers on six continents. Introduced six years ago as a way for international students to pay their tuition for studies abroad, Flywire is now used by over 1,300 organizations across 18 countries around the world. The company processes billions in payments per year from 220 countries and territories, via bank transfer, credit card and e-wallet solutions, in over 120 different local currencies. Convenient, fast and secure, Flywire’s scalable platform provides currency conversion at exchange rates that can offer significant savings when compared to home-market banks and credit card providers. The company also supports its clients with end-to-end customer support including multilingual servicing via phone, email, and chat, as well as 24/7 online payment tracking.

Flywire is headquartered in Boston, MA with international operations in London and Manchester, UK; Shanghai, China; Tokyo, Japan; Singapore; Sydney, Australia; and Valencia, Spain. For more information, visit www.Flywire.com.

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