Flywire Acquires Invoiced, A SaaS Platform That Enables B2B Finance Teams And The "Office Of The CFO" To Automate The Critical Order-To-Cash Process; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Flywire Corporation (NASDAQ: FLYW) has acquired Invoiced, a SaaS platform that automates the order-to-cash process for B2B finance teams. This acquisition enhances Flywire's B2B payments solution, expands its customer base, and provides an opportunity to monetize billions in invoicing volume managed by Invoiced.
August 06, 2024 | 9:05 pm
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Flywire Corporation (NASDAQ: FLYW) has acquired Invoiced, enhancing its B2B payments solution and expanding its customer base. This acquisition is expected to provide significant revenue opportunities by monetizing billions in invoicing volume managed by Invoiced.
The acquisition of Invoiced by Flywire is likely to have a positive short-term impact on FLYW's stock price. The deal enhances Flywire's B2B payments solution, expands its customer base, and provides new revenue opportunities by monetizing the invoicing volume managed by Invoiced. This strategic move aligns with Flywire's commitment to innovation in the B2B payments industry.
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