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Flywire Raises $120M, Acquires Simplee Healthcare Tech Startup

PYMNTS

Vertical payments startup Flywire has acquired healthcare technology startup Simplee , while also closing a $120 million Series E investment round led by Goldman Sachs, the company announced on Thursday (Feb. The global payments industry is expected to increase at a CAGR of 5.9

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Funding Round Could Give AvidXchange $2B Valuation

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Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times reported on Monday (Dec. Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. 9), citing sources.