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Synopsis
Flywire, a payments enablement and software company, completed the acquisition of Sertifi, a provider of SaaS platform for the hotel and hospitality industry, for $330m. "The acquisition of Sertifi represents an exciting next phase of growth for our Travel vertical, where our deep industry expertise and global footprint continue to be key differentiators. By expanding into a large new subsegment of the hospitality industry with strong ecosystem alignment, and gaining a software solution in the early stages of its payments monetization journey, we are unlocking new growth and innovation opportunities for Flywire," Mike Massaro, Flywire CEO.
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