Australia: Flywire buys student payments platform Cohort Go
Boston-based Flywire, a global payments enablement and software company, has acquired Cohort Go, an international education payments provider headquartered in Brisbane.
Cohort Go’s core focus is on providing international students with the ability to make cross-border tuition payments through international agents. The company was founded in 2012 to enable students to pay for their international education using their local currency, saving on fees and transfer rates. The company partners with more than 1,000 agents globally and students from 180 countries paying in more than 60 currencies have used the service.
Mike Massaro, chief executive of Flywire, said: “Recruiting agencies play a critical role in the international student journey by assisting students in finding placements in higher educational and other institutions. Cohort Go’s successful agent platform, global footprint and adjacent services complement our existing capabilities and will help us power the higher education ecosystem into the future.”