Flywire: Early challenges for a future unicorn (B)

After accepting the position of CEO at PeerTransfer, Mike Massaro faced crucial decisions in late 2014 as the company, which had been struggling before his appointment, was now back on track and growing rapidly. Having achieved profitability and rapid growth, Massaro now grappled with several key decisions as he charted the development of PeerTransfer: 1) Whether to focus on closing a Series C funding round to accelerate growth, 2) Wheter the company should explore new verticals outside of education or maintain focus on its core segment, 3) And whether PeerTransfer should enter additional international markets. Additionally, Massaro confronted the challenges of managing the stress of a rapidly growing organization and had to ensure alignment and effectiveness.