Flywire powers cross-border B2B payments for Liquidity Services

The surplus-asset marketplace's Flywire integration stretches compliant B2B payments across 100-plus countries, bridging circular economy and fintech.

By Disrupts Editorial Team Wed, 4 November 2026 AI level 2 of 5

AI level 2 of 5: drafted by our AI editorial assistant from the company's announcement; fact-checked, edited and signed off by Mark Walker, Editorial Director. What the levels mean

A brightly lit, modern self-checkout area features a row of kiosks with display screens, illuminated by natural light from large windows and linear ceiling fixtures, with empty shelves visible in the blurred background.

Liquidity Services (Nasdaq: LQDT), the Bethesda-based operator of the world's largest B2B surplus-asset marketplace, has deployed Flywire (Nasdaq: FLYW) to handle both domestic and cross-border payments for its global e-commerce platform. The move connects two macro-level trends that rarely appear in the same release: the accelerating institutional push toward circular-economy asset management and the growing complexity of B2B cross-border payments infrastructure.

Liquidity Services sits at an unusual convergence point. Its marketplace facilitates the resale and redeployment of heavy equipment, fleet vehicles, and entire plant inventories on behalf of more than 15,000 corporate and government sellers, transacting with over six million qualified buyers. The company reports more than $15 billion in completed transactions across its 25-year history. Its client base spans private-sector multinationals and federal, state, and local government agencies in both the US and Canada, meaning compliance requirements are layered and jurisdiction-specific. That complexity is precisely the problem Flywire is built to absorb.

Payments infrastructure as a growth unlock

Before the integration, Liquidity Services relied on a patchwork of bank transfers, credit cards, and multiple vendor relationships, with finance teams reconciling them manually. Flywire replaces that with a single API-connected layer covering 240-plus countries, 140 currencies, and more than 1,200 local payment methods. Know-your-customer checks are automated within the flow rather than handled as a separate compliance step, which is material for a platform that regularly transacts with government counterparties subject to procurement rules.

The operational gains are meaningful in the context of a high-volume, low-margin surplus marketplace: automated reconciliation, faster refund processing, and a surcharging programme that the company says reduces interchange costs. Kellie Twiss, Head of Product at Liquidity Services, described cross-border payment collection as "a burden on buyers and finance operations" that Flywire has converted into a growth lever.

Circular economy meets cross-border fintech

The wider strategic read is instructive for investors tracking the circular economy as a capital theme. Liquidity Services is already well-positioned in what is a structurally growing segment: corporate sustainability mandates and ESG pressure are pushing large industrials and government bodies to extract value from idle assets rather than write them off or dispose of them. The addressable market for surplus-asset remarketing is expanding as supply-chain disruptions have elevated the residual value of used industrial equipment and fleet assets.

The payment infrastructure layer, however, has historically been a drag on that expansion. Cross-border B2B payments remain fragmented. Foreign exchange friction, local regulatory compliance, and settlement delays each add latency and cost to international transactions. Platforms in sectors from B2B wholesale trade to industrial e-commerce are increasingly contracting out this complexity to specialist payment-enablement providers rather than building proprietary rails. Flywire's existing client base across education, healthcare, and travel positions it as a multi-vertical payments layer rather than a single-sector processor, which may give it an edge in winning mandates from complex organisations that span several regulatory environments simultaneously.

For the Disrupts reader allocating across both sustainability-linked infrastructure and fintech: the deal illustrates how circular-economy platforms must now invest in fintech-grade payment architecture to unlock global scale. The competitive pressure is no longer purely on the marketplace side; it is on the payment-enablement layer beneath it. As industrial surplus marketplaces extend into emerging-market buyer pools in South and Southeast Asia, the sophistication of underlying payment rails will increasingly determine which platforms win global volume. That is a cross-sector capital thesis worth tracking.