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June 1, 2017

Flywire acquires UK-based Pace Invoice

Flywire, a leading provider of international payment solutions, today announced that it has acquired PACE Invoice, a multi-currency invoicing platform provider based in London. With the acquisition, Flywire adds international invoicing to its cross-border payments and receivables services, enabling its business, education and healthcare clients to more easily link invoices to cross-border receivables, saving time and costs in invoice preparation and payment reconciliation.

The move comes on the heels of Flywire’s recent expansion into the cross-border payment market for businesses. PACE Invoice CEO James Shattock will join the company and lead expansion efforts in the UK and Europe for that new business segment.

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