Goldman Sachs led a round that valued Flywire at more than $1bn as the digital payment processor acquired American Express-backed Simplee.

US-based payment technology provider Flywire raised $120m yesterday in a series E round led by investment bank Goldman Sachs that supported the acquisition of corporate-backed healthcare cost-management platform Simplee. The round also featured Tiger Management and Adage Capital Management and it increased Flywire’s valuation to more than $1bn according to Bloomberg. The company has not…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.