Flywire Appoints Former Visa Executive to Board

By Bobby Samwell • Wednesday, November 20 10:33 • Permanent Link

Flywire Corporation (NASDAQ: FLYW), a global payments enablement and software company, has appointed Carleigh Jaques to its board of directors and as a member of the audit committee, effective immediately. Jaques, a former Visa executive with extensive experience in financial technology, payments, risk, and capital markets, brings valuable expertise to Flywire's leadership team.

During her 15-year career at Visa, Inc., Jaques held various strategic and operational roles, including Senior Vice President (SVP) of Global Head of Risk & Identity Solutions, SVP and Global Head of Acceptance Solutions, and SVP and General Manager of Visa's Cybersource business. She also played a key role in Visa's $23 billion acquisition of Visa Europe and led strategic investments through joint ventures and acquisitions.

Jaques, who is currently an advisory board member at the Wharton AI & Analytics Initiative, holds a B.A. from the University of Michigan and an MBA from the Wharton School at the University of Pennsylvania. Her appointment is expected to provide valuable guidance as Flywire continues to grow and scale its operations.

Flywire, headquartered in Boston, MA, supports more than 4,000 clients with diverse payment methods in over 140 currencies across 240 countries and territories worldwide. The company's vertical-specific software and payments technology are deeply integrated within the existing accounts receivable workflows for clients in education, healthcare, travel, and key B2B industries.

Mike Massaro, CEO of Flywire, expressed his excitement about Jaques' appointment, citing her proven track record of accelerating growth across multiple strategic initiatives at Visa. Jaques, in turn, expressed her honor in joining Flywire at a pivotal time for the company and highlighted the unique combination of software and payments capabilities that position Flywire to continue driving value for its clients and payers into the future. Today the company's shares have moved -0.8% to a price of $22.24. If you want to know more, read the company's complete 8-K report here.

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