Flywire, a Boston, MA-based vertical payments company, raised $120m in Series E funding.

The round, which brought total capital raised to $260m, was led by Goldman Sachs, with participation from new investors Tiger Management and Adage Capital Management and existing investors.

Flywire also acquired Simplee, a healthcare technology platform, The acquisition will enable Flywire to optimize the digital payments and patient engagement experience in healthcare and scale its global payments services.

Flywire is a vertical payments company solving vertical-specific payment and receivables problems for organizations in education, healthcare, travel or technology sectors.

To date the company has processed over $12 billion in total payments volume for over 2,000 clients around the world. | To read full story, visit https://startuparound.com/read/1581618609.505387/Flywire-Raises-$120M;-Buys-Simplee?ref=audio_experience