Mohit Kansal Sells Shares of FLYW $FLYW
Key Points
- Mohit Kansal sold 54,543 shares of Flywire Corporation ($FLYW) worth $826,326.45.
- $FLYW last traded around $15.86.
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Mohit Kansal, Chief Payments Officer at Flywire Corporation ($FLYW), sold 54,543 shares at an average price of $15.15, for a total transaction of $826,326.45. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Flywire Corporation Stock Down 15.6%
Shares of Flywire Corporation ($FLYW) traded around $15.86 on Wednesday, down 15.6% for the day.
Flywire Corporation Earnings
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About Flywire Corporation
Flywire Corporation, together with its subsidiaries, operates as a payment enablement and software company in the United States, Europe, the Middle East, and Africa and the Asia Pacific. The company provides a payment platform that integrates into existing apps and workflows and have access to solutions, such as tailored invoicing, settlement and reconciliation tools, single sign-on and checkout, recurring payments, and split payouts. It also offers a payment network, which has access to a set of payment methods, including banks, third-party payment providers, payment networks, and digital wallets; and direct connections to alternative payment methods consisting of Alipay, Boleto, PayPal / Venmo, and Trustly. In addition, the company provides vertical-specific software comprising vertical-specific digital workflows; integration and synchronization to core and industry specific systems; real-time access; and predictive analytics. It serves education, healthcare, travel, and B2B industries. The company was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. Flywire Corporation was incorporated in 2009 and is headquartered in Boston, Massachusetts.
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