SINGAPORE (July 27): Flywire, a company that solves complex payment problems for major businesses and institutions, has raised US$100 million ($136.1 million) in new venture funding led by Temasek Holdings.

The Series-D round was also joined by existing US-based Flywire investors including Bain Capital Ventures and F-Prime Capital.

Flywire has processed over US$8 billion for over 1,400 clients in business, education and healthcare. The company has established its global payment network and processing platform as the industry standard for large-sum international and domestic transactions, providing a single point of management and payer engagement from billing and payment through reconciliation.

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