How much funding has peerTransfer raised?

peerTransfer has raised $7.5M in total funding, most recently a Venture Round.

Who are peerTransfer's investors?

peerTransfer's investors include Spark Capital, Accel, Maveron.

When was peerTransfer founded?

peerTransfer was founded in 2009.

Where is peerTransfer headquartered?

peerTransfer is headquartered in Boston.

What industry is peerTransfer in?

peerTransfer operates in EdTech, Fintech, Payments.

peerTransfer

Acquired

Boston · Founded 2009 · $7.5M raised

EdTech

Fintech

Payments

Headquarters: Boston
Founded: 2009
Business Model: B2B2C

Total Funding: $7.5M
Last Round: $7.5M Venture RoundAug 2011
Rounds: 1

About

peerTransfer was a Boston-based international student payment platform founded in 2009 by Iker Marcaide to simplify cross-border tuition payments. The platform allowed international students to pay tuition and fees to educational institutions in their local currency, reducing bank fees and improving transparency. peerTransfer grew to process over $1 billion in international education payments before rebranding as Flywire in September 2015 to reflect its expanded global footprint and broader payments mission.

Summary

peerTransfer is an EdTech company based in Boston, founded in 2009. It has raised $7.5M in total across 1 round, most recently a $7.5M Venture Round round in Aug 2011. Investors include Spark Capital, Accel and Maveron.