Flywire Acquires Sertifi to Accelerate Travel Business and Expand Offering to Support Over 20,000 Hotel Locations Globally
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Flywire Corporation has acquired Sertifi to enhance its travel business, expanding its reach into various hotel segments and integrating Sertifi's software for improved payment processes. This acquisition aims to boost Flywire's monetization of payments in the hospitality sector.
February 25, 2025 | 9:15 pm
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Flywire's acquisition of Sertifi is set to expand its travel business, integrating Sertifi's hotel software to enhance payment processes and target over 20,000 hotel locations globally. This move is expected to accelerate Flywire's monetization of payments in the hospitality sector.
The acquisition of Sertifi by Flywire is a strategic move to enhance its travel payments business. By integrating Sertifi's software, Flywire can offer improved payment solutions to a wide range of hotel segments, potentially increasing its market share and revenue. This acquisition is likely to positively impact Flywire's stock price in the short term due to the expanded business opportunities and enhanced service offerings.
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