Flywire: How a Spaniard Built the Brain of International Payments from Boston
When a Korean student tries to pay tuition at a university in Madrid, they face a maze of opaque banking fees, unfavorable exchange rates, and transfers that take 5 days. A Spanish engineer at MIT decided that was unacceptable. Today, his company Flywire trades on the Nasdaq, generates over $600 million in revenue, and processes payments in 140+ currencies using machine learning to optimize every transaction.