Wednesday, May 26, 2021

Flywire, a Boston-based fintech focused on cross-border payments, closed up 46%+ in its Nasdaq debut after raising $250M in its IPO at a valuation of over $3B (Scott Kirsner Globe/The Boston Globe)

Scott Kirsner Globe / The Boston Globe:
Flywire, a Boston-based fintech focused on cross-border payments, closed up 46%+ in its Nasdaq debut after raising $250M in its IPO at a valuation of over $3B  —  The Boston-based digital payments company Flywire made its public market debut Wednesday on the Nasdaq exchange, after raising $250 million in an initial public offering.



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India extends a deadline for implementing a 30% cap on any company's share of transactions on UPI payments network, providing relief to Google Pay and PhonePe (Manish Singh/TechCrunch)

Manish Singh / TechCrunch : India extends a deadline for implementing a 30% cap on any company's share of transactions on UPI payment...