Skip to main content
UnicornBurnBETA
AutopsiesRankingsIntelligenceAPI
// sign inStart free →
AutopsiesRankingsIntelligenceAPIRequest access →
// FAILURE INTELLIGENCERankingsAPI
B2B ACCESS →
← All autopsies
// HALL OF FLAME · STARTUP AUTOPSY
Founded2009
Closed2015
CountrySpain
SectorFintech
Total raised$120M
FounderIker Marcaide

peerTransfer (Flywire)

"The Spanish fintech that pivoted from near-death to a Nasdaq IPO."

—
RAISED
—
EMPLOYEES
72
MONTHS
pivots
🔥 Hall of Flame 30%🏆 Hall of Fame 70%

peerTransfer, founded in Spain by Iker Marcaide, began as a student payment transfer service targeting US universities.

// full analysis

Full analysis requires the Analyst plan

Documented cause · Market cycle · Competitive moat type · Verified lesson

See Analyst plan →See all plans

€149/mo · or contribute your autopsy for free access →

More Fintech →More from Spain →More pivots failures →Raised: $120M
// SHARE THIS AUTOPSY
SHARE ON X →LINKEDIN →
← Report an error in this autopsy
// YOUR STARTUP DOESN'T HAVE TO END LIKE THIS

UnicornBurn Season 0 opens July 2026. 10,000 founders competing in one world. Your startup fights for the market every Saturday. Most will end up here. Which one are you?

JOIN SEASON 0 →
// THE FINTECH GRAVEYARD DOESN'T END HERE

peerTransfer (Flywire) followed a documented pattern. Identify the same signals in any company before they reach the point of no return.

ANALYSE A COMPANY →MORE FINTECH AUTOPSIES →
←PREVIOUSWesternacher SpainNEXTEasySi→

// SIMILAR STARTUP FAILURES

↔ Compare with another startup →
Wirecard
Fintech
Greensill Capital
Fintech
Loot
Fintech
Coverfy
Fintech
// SUBMIT AN AUTOPSY

Witnessed a startup failure first-hand? Share the real story. First-hand accounts from founders and team members get prioritized for publication.

SUBMIT AN AUTOPSY →
✎ Claim this autopsy⚑ Report an error
// FOR FUNDS & ANALYSTS

Failure intelligence for due diligence and risk analysis.

Structured dataset by collapse type, for 5031 startups. 7-day trial.

See plans →
// FOR BUILDERS

Free JSON API. No key required. 50 autopsies, 10 req/day.

Full dataset available with Intelligence plan API key. CORS enabled.

Explore API →

Academic, press, or research use? Free JSON API available — no auth required →

¿Te ha sido útil?