peerTransfer is becoming Flywire! You’ll see website changes in the coming weeks. Learn more





Platform for high-ticket, cross-border commerce

The Green Sheet

Flywire, a trademark of peerTransfer Corp., emerged in direct response to cross-border payment challenges students attending institutions abroad often face. Using student loans to seed the company under its original name, peerTransfer, Iker Marcaide founded the company in July 2009. The idea blossomed when, as an international student, he had to transfer money from London to Boston for an MBA program at MIT Sloan School of Management.

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Flywire Acquires Toronto-based ScholarFX

BetaKit – by Jessica Galang

Toronto-based ScholarFX, which offers a tuition payments platform for international students attending Canadian postsecondary institutions, has been acquired by cross-border payments platform Flywire.

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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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What customers are saying...

“Very nice experience. As an exchange student for only 3 months, I thought there was no need to open US bank account which takes time and energy. Then I confronted the payment difficulties - until I tried Flywire. It's more convenient and friendly and it's easy to contact the customer support via e-mail.”
Jing, Babson College student from China