12:29 PM EDT, 08/02/2024 (MT Newswires) -- Flywire ( FLYW ) is exploring a sale and working with investment bankers at Qatalyst Partners to weigh interest from potential buyers that include private equity firms, Reuters reported Friday, citing people with knowledge of the matter.

The US payments processor is in the early stage of talks, and a deal remains uncertain, the report said,

Flywire ( FLYW ) and Qatalyst didn't immediately respond to requests for comment, Reuters said.

The companies didn't reply immediately to requests for comment from MT Newswires.

Shares of Flywire ( FLYW ) rose 7.6% in recent trading Friday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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