Flywire Welcomes Carleigh Jaques to Board of Directors

Flywire Appoints Carleigh Jaques to Board of Directors

Flywire Corporation (Nasdaq: FLYW), a global leader in payments enablement and software, has made a significant announcement with the appointment of Carleigh Jaques to its Board of Directors. This strategic decision, effective immediately, also sees Ms. Jaques joining the Audit Committee, where her expertise will undoubtedly be invaluable.

Ms. Jaques: A Wealth of Experience

Carleigh Jaques brings over 15 years of rich experience in financial technology and risk management. Previously at Visa, Inc. (NYSE: V), she held key positions that significantly shaped the company’s approach to payments and fraud detection. Most notably, she served as Senior Vice President and Global Head of Risk & Identity Solutions at Visa, where she played an instrumental role in enhancing the company’s global fraud detection capabilities.

Pioneering Initiatives at Visa

During her tenure at Visa, Ms. Jaques spearheaded various transformative initiatives such as innovative acceptance solutions that transitioned the company into the digital payments era. Her leadership extended to the global expansion of Visa’s Cybersource business, where she focused on enhancing digital gateway capabilities and entering new markets. Her insights into the corporate development sector also led to strategic joint ventures and acquisitions, including the notable acquisition of Visa Europe for $23 billion.

Endorsements from Leadership

Expressing his enthusiasm, Flywire CEO Mike Massaro stated, "I’m thrilled to welcome Carleigh to our Board of Directors. Her proven track record of accelerating growth across a number of Visa’s most strategic initiatives makes her a powerful addition to our team." The leadership team at Flywire anticipates that her guidance will greatly contribute to the company’s ongoing growth trajectory, providing significant value to its clients and shareholders.

Carleigh Jaques' Vision

Ms. Jaques shared her excitement about joining Flywire during this transformative phase for the company. "I’m honored to be joining Flywire at a pivotal time for the Company. I understand the complexities of the payments landscape that Flywire masterfully navigates, and I believe in its unique capabilities to drive substantial value for clients moving forward,” she remarked.

A Deep Dive into Flywire’s Services

Flywire has positioned itself as a crucial player in the payments industry, combining various elements into its offerings. With a proprietary payments network and next-gen technology, Flywire is adept at managing significant and complex transactions across diverse verticals, such as education, healthcare, and travel. By integrating flawlessly with leading ERP systems like NetSuite, Flywire remains dedicated to simplifying the payment experience while eliminating operational challenges.

Global Reach and Clientele

Currently supporting over 4,000 clients in more than 140 currencies and across 240 countries and territories, Flywire is committed to providing flexible payment solutions tailored to different industries. The company’s headquarters are located in Boston, MA, with a network of global offices ready to support their clients’ needs.

Frequently Asked Questions

Who is Carleigh Jaques and what experience does she bring?

Carleigh Jaques is a former executive at Visa with extensive experience in financial technology, risk management, and operational strategy. She has a proven track record in accelerating company growth through strategic initiatives.

What position has Carleigh Jaques been appointed to at Flywire?

She has been appointed to the Board of Directors and will also serve on the Audit Committee, contributing her expertise to guide the company’s future endeavors.

What role did Carleigh Jaques have at Visa?

At Visa, she held various leadership positions, most recently as Senior Vice President, Global Head of Risk & Identity Solutions, where she managed the company’s global fraud detection initiatives.

How does Flywire enable payments across various sectors?

Flywire utilizes its proprietary payments network and specialized software to provide tailored solutions for sectors such as education, healthcare, and travel, optimizing payment processes globally.

What is the significance of Flywire's global reach?

Flywire operates in over 240 countries and supports more than 4,000 clients, offering payment solutions across diverse currencies, thus ensuring worldwide accessibility and efficiency in payments.

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