WPM Group Asset Profile

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Year established

2000

Location

Primary Industry

Software

About

Founded in 2000 and based in the UK, WPM Group provides payment services for universities and colleges across the United Kingdom. Holger Bollmann and Jan Bollmann are the co-founders of the company. In December 2021, Flywire Payments Corporation acquired WPM Group. As of December 2021, WPM integrates with more than 130 university systems and powers more than 170 university and college clients. The company provides payment solutions that include benefits such as integrating with institutions' existing systems and workflows and providing a secure payment experience for students and their families worldwide. The firm offers a payment security management system (PSMS), which is a set of tools for planning and implementing payment security policies, processes, and procedures that have been developed in conjunction with, and specifically for, the higher education sector. WPM Group also offers payment security conferences and payment security training. The organization's proprietary research allows it to provide its clients with unique data and insight such as credit control, fraud and AML, international payment, payer experience, payment security, staff efficiency, and payment strategy.

Current Investors

Flywire Payments Corporation

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Primary Industry

Software

Sub Industries

Consulting Services, e-Financial, Internet, Application Integration Software, Analytics & Performance Software, Accounting/Finance Software

Website

www.wpmgroup.com

Verticals

FinTech

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin

31 Dec 2020

1,048,214

31 Dec 2021

31 Dec 2022

31 Oct 2023

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Employee Data

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