Flywire (NASDAQ:FLYW) CEO Mike Massaro said the payments company is seeing benefits from a strategic review that focused on streamlining operations, improving data and systems, and reinvesting in priority areas.
Speaking in a fireside chat with Tien-Tsin Huang, Payments and IT Services Analyst at JPMorgan, Massaro said Flywire responded to changes in some of its end markets with a “three-pronged approach” that included organizational streamlining, optimization across geographies and products, and reinvestment in selected regions, products and teams.