Flywire announced that it has acquired Invoiced, a SaaS platform that enables B2B finance teams and the “Office of the CFO” to automate the order-to-cash process. Flywire expects Invoiced to add approximately $2M of revenue with software-like gross margins in FY24, and while Invoiced has healthy adjusted EBITDA margins, Flywire expects to reinvest the majority of the margin dollars this year to grow the combined business.
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