Flywire appoints Yvonne Hao to its Board of Directors

– USA, MA –  Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, today announced the appointment of Yvonne Hao to its Board of Directors, effective September 23, 2021.

“Yvonne’s expertise in strategic operations and her unique skill set in building technology companies for long term and sustainable growth will be a critical asset to Flywire’s Board,” said CEO, Mike Massaro. “From healthcare and technology to consumer-facing brands, she brings unique insights from many of the industries that Flywire supports, and we look forward to her immediate impact.”

Ms. Hao will also serve on the Compensation Committee.

About Yvonne Hao

Ms. Hao brings an extensive background in technology and strong operational leadership to Flywire’s board. She is Co-Founder of the Private Equity Firm Cove Hill Partners, which focuses on building market-leading consumer and technology companies, and prior to that, held the roles of COO and CFO of PillPack, a national retail e-commerce pharmacy. There she helped lead the $750 million sales and integration of PillPack with Amazon. Before PillPack, Ms. Hao was an operating partner at Bain Capital, and previously worked at Honeywell, where she held roles as VP of Global Marketing for the security business, and as GM for ADI North America, a ~$1.7B division. She began her career at McKinsey.

In addition to her professional roles, Ms. Hao serves on the boards of numerous public companies, including the automotive marketplace CarGurus as a member of the Audit Committee, and the thermal energy company Gentherm where she Chairs the Compensation Committee and serves on the Audit and M&A committees. Ms. Hao is also the Vice-Chair of the Board and Chair of the Finance Committee at Beth Israel Lahey Health, a premier network of 13 hospitals with more than $6 billion in revenue and approximately 35,000 employees.

“Flywire’s ability to combine software and payments to deliver meaningful value for their clients and payers is truly unique,” said Yvonne Hao. “Along with a proven track record of digitizing the payment experience for some of the most complex industries all over the world, they’ve built an amazing culture and team along the way. I’m honored to join the Board to help drive further success.”

About Flywire

Flywire is a global payments enablement and software company. Flywire combines its proprietary global payments network, next-gen payments platform, and vertical-specific software to deliver the most important and complex payments for its clients and their customers.

Flywire leverages its vertical-specific software and payments technology to be deeply embedded within the existing A/R workflows for its clients across the education, healthcare, and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, so organizations can optimize the payment experience for their customers while eliminating operational challenges.

Flywire supports 2,400+ clients with diverse payment methods in more than 140 currencies across 240 countries and territories around the world. The company is headquartered in Boston, MA, the USA with global offices.

For more information: https://www.flywire.com/

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