Benzinga | May 26, 2021 07:20AM EDT

Flywire Raises $251M From IPO At $24/Share, Begins Trading Today

* Payments enablement and software company Flywire Corp (NASDAQ: FLYW) priced 10.44 million shares at $24 per share to raise $250.56 million in its initial public offering (IPO).

* The underwriters have 30 days option to procure additional shares of up to 1.6 million.

* The shares are estimated to begin trading on the Nasdaq under the symbol "FLYW" today.