Flywire Corp

Flywire Corp. is a payments enablement and software company. The firm engages in providing vertical-specific software and payments technology to embed within the existing accounts receivable (AR) workflows for clients across the education, healthcare, travel vertical markets, and business-to-business (B2B) industries. It also integrates with enterprise resource planning (ERP) systems, such as NetSuite, which allows organizations to optimize the payment experience of customers. The company was founded by Marcaide Marchite Iker in July 2009 and is headquartered in Boston, MA.

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Flywire Corp reports robust earnings, eyes growth through acquisitions

Flywire Corp's strong performance in Q4 2022 and FY 2022 showcases growth and client expansion
While challenges like declining gross margins and lack of free cash flow guidance exist, opportunities in multiple growth levers are promising
Strategic acquisitions and positive industry trends position Flywire for continued success in 2023
Investments in go-to-market strategy and client expansion are key focus areas for future growth

Flywire Corp (FLYW) posts strong Q1 results, raises full-year guidance

Flywire Corp (FLYW) reported robust Q1 2023 performance, with strong revenue growth, improved margins, and positive operational developments, positioning the company for continued success and market expansion.
While facing challenges in managing expenses and adjusting gross margins, Flywire's strategic investments, raised revenue guidance, and focus on key growth areas offer opportunities for sustained growth and profitability.
By leveraging its strengths, addressing challenges, and capitalizing on opportunities, Flywire is well-positioned to navigate market dynamics, drive margin expansion, and capitalize on emerging trends in the payments industry.

Flywire Corp (FLYW) reports robust Q2 results and raises full-year guidance

Flywire's Q2 2023 performance showcased significant revenue growth and improved profitability, leading to raised full-year guidance.
Despite challenges in healthcare and lower gross margins, the company remains optimistic about sustained growth and expansion opportunities.
Strong organic customer growth, strategic partnerships, and focus on innovation position Flywire well for future success and market competitiveness.

Flywire Corp (FLYW) posts record Q3 results, eyes strategic growth

Flywire Corp (FLYW) delivered strong Q3 2023 results, driven by record revenue and strategic acquisitions.
Operational highlights, new client wins, and community strengthening initiatives showcase Flywire's growth trajectory.
Challenges in FX volume and delayed deployments are being addressed, with a focus on seizing opportunities for expansion and revenue enhancement.

Flywire Corp reports robust Q4 earnings, eyes growth opportunities

Flywire Corp's Q4 2023 performance was strong, with revenue and adjusted EBITDA showing significant growth YoY.
The company's strengths lie in vertical expansions, partnerships, and go-to-market strategies, positioning it well for future growth.
Challenges include Canadian regulatory impacts and margin decline, while opportunities exist in healthcare, partnerships, and payer services.
Overall, Flywire is poised for growth in 2024, focusing on execution and seizing opportunities across various segments for revenue expansion.

Flywire Corp reports robust Q1 earnings amidst market challenges

Flywire Corp (FLYW) delivered strong financial results in Q1 2024, showcasing growth in revenue, gross profit, and EBITDA, while facing challenges from FX rates and market dynamics.
The company's diverse revenue base, focus on innovation, and client-centric approach position it well for future growth and strategic opportunities in international markets.
Despite uncertainties in student visa policies and regulatory environments, Flywire remains confident in its ability to navigate challenges and capitalize on growth prospects across verticals.
With a strong cash position, operational highlights, and a commitment to customer satisfaction, Flywire is poised for continued success and potential expansion through M&A activities.

Flywire Corp (FLYW) reports strong Q2 earnings and strategic growth moves

Flywire Corp (FLYW) showcased robust financial performance, strategic investments, and growth initiatives in Q2 2024, positioning the company for continued success.
While facing challenges such as market-specific metrics and customer integration complexities, Flywire's focus on execution and growth opportunities remains strong.
With a focus on shareholder returns, revenue diversification, and customer adoption, Flywire is poised to capitalize on its strengths and navigate challenges effectively.

Flywire Corp (FLYW) reports robust Q3 performance amidst sector challenges

Flywire Corp (FLYW) delivered a strong Q3 performance, showcasing growth and financial resilience despite challenges in the education sector.
The company's strategic focus on expanding its global payment network and optimizing go-to-market capabilities is driving operational success.
Analysts' inquiries into customer additions, market opportunities, and growth strategies highlight areas of strategic importance for Flywire's future growth.

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Global payments platform Flywire has acquired WPM, a payments software provider for colleges and universities in the U.K. “The acquisition will build on Flywire's existing education payments business to scale its global customer base and is expected to further accelerate its market share in the U.K. education sector,” Flywire said in a news release Wednesday […]

Flywire Acquires UK Education Payments Firm WPM

The addition of WPM expected to bolster Flywire's product suite and deliver substantial value to clients

Flywire Acquires WPM to Accelerate Expansion in the U.K. Market

BOSTON, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW)("Flywire" or the “Company") a global payments enablement and software company, today announced that Mike Massaro, CEO of Flywire, will be participating in a virtual fireside chat at the Raymond James Technology Investors Conference on Monday, December 6, 2021. The discussion will begin at 8:00am ET.

Flywire to Participate in the Raymond James Technology Investors Conference

Flywire Corporation (FLYW) has been struggling lately, but the selling pressure may be coming to an end soon.

Flywire Corporation (FLYW) Sees Hammer Chart Pattern: Time to Buy?

Global payments platform Flywire Corporation on Tuesday (Nov. 9) reported 61% revenue growth to $67.8 million for the third quarter of fiscal 2021, up from $42.1 million in 2020, as the company touts its ability to transform a variety of sectors to digital-first.  “We experienced another strong quarter with growth across all areas of our […]

Flywire Reports 61% Q3 Revenue Growth to $67.8M

Flywire Corp (FLYW) CEO Michael Massaro on Q3 2021 Results - Earnings Call Transcript

Customer experience management company Quadient has announced a new collaboration with payments platform Flywire.  The companies say this partnership will see Quadient's accounts receivable Software-as-a-Service (SaaS) solution YayPay extend Flywire's digital payment solutions to its B2B clients around the globe.

Quadient Announces Partnership With Payments Platform Flywire

Accounts Receivable Automation Solution YayPay by Quadient Joins Forces with Flywire to Digitize Global B2B Payments

Academic scholarships awarded through educational institutions to students from all over the world

The Flywire Charitable Foundation Awards Nine Scholarships to International Students

Former PillPack Senior Executive and Seasoned Technology Leader Brings Operational Expertise to Flywire Board Former PillPack Senior Executive and Seasoned Technology Leader Brings Operational Expertise to Flywire Board

Flywire Appoints Yvonne Hao to Board of Directors

BURLINGTON, Mass. , Sept. 23, 2021 /PRNewswire/ -- Ontario Systems , a leading provider of enterprise workflow automation software – which accelerates revenue recovery and removes friction from the payments process for clients in the accounts receivable management (ARM), healthcare, and government markets – today announced a timely partnership with Flywire Corporation(Nasdaq: FLYW) (Flywire)  a global payments enablement and software compan y, to offer a new digital solution for healthcare clients.

Ontario Systems to Offer New Digital Patient Engagement Solution via Flywire Partnership

Flywire's first-ever virtual industry event brings together business professionals across all industries

Flywire Announces Flywire Forward, a Virtual Event Focused on the Future of FinTech

BOSTON, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW)("Flywire") a global payments-enablement and software company, today announced that management will be participating in a virtual fireside chat at the Guggenheim Fintech & Software Conference on August 24, 2021. The discussion will begin at 10:00am ET.

Flywire to Participate in the Guggenheim Fintech & Software Conference

Flywire Corporation (FLYW) CEO Michael Massaro on Q2 2021 Results - Earnings Call Transcript

Flywire, which focuses on high-value payments in healthcare, education and travel, reported Tuesday (Aug. 10) that its total payments volume soared 85 percent year over year to $1.9 billion in its first quarter as a public company. The Boston, Massachusetts-based FinTech reported that revenue surged by 56 percent to $37 million in the second quarter […]

Flywire's Payment Volume Surges 85 Pct As Pandemic Pressures Ease

Flywire Reports Second Quarter 2021 Financial Results

Flywire is the exclusive payments partner for LaLiga Business School

Flywire Digitizes Education Payments for LaLiga Business School

BOSTON, July 14, 2021 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) a global payments-enablement and software company, today announced that it will host a conference call to discuss second quarter 2021 financial results on Tuesday, August 10, 2021 at 5:00pm ET. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, and Mike Ellis, CFO. A press release with second quarter 2021 financial results will be issued after the market closes that same day.

Flywire to Announce Second Quarter 2021 Results on August 10, 2021

3 in 5 students considered delaying higher education due to financial burden imposed by the pandemic 3 in 5 students considered delaying higher education due to financial burden imposed by the pandemic

Flywire Survey Reveals Significant Affordability Issues Facing Students Around the World Due to COVID-19 Pandemic

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With Flywire, Canadian institutions can offer students both international and domestic payment options to help address education affordability With Flywire, Canadian institutions can offer students both international and domestic payment options to help address education affordability

Flywire Expands Education Business in Canada

Flywire aims to disrupt the payment space in a few industries which have been lagging in terms of adopting innovative payment methods. The company has seen a good public debut, as I wonder if this move and valuation is justified by the actual operating performance.

Flywire: Not Flying Along

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BOSTON, May 28, 2021 (GLOBE NEWSWIRE) -- Flywire Corporation (“Flywire”), a global payments enablement and software company, today announced the closing of its initial public offering of 12,006,000 shares of its common stock at a price to the public of $24.00 per share, including the full exercise by the underwriters of their option to purchase up to an additional 1,566,000 shares of common stock.

News for Flywire Corp Stock (FLYW)