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Flywire Corp - FLYW STOCK NEWS

Welcome to our dedicated news page for Flywire (Ticker: FLYW), a resource for investors and traders seeking the latest updates and insights on Flywire.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Flywire's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Flywire's position in the market.

News
Flywire Named Title Sponsor for Major League Table Tennis Championship Weekend at Loyola University's Gentile Arena
Rhea-AI Summary
Flywire has been named the title sponsor for Major League Table Tennis Championship Weekend at Loyola University's Gentile Arena. The event, scheduled for April 27-28, 2024, will feature four teams competing for the first-ever MLTT Cup. Flywire's partnership with MLTT highlights their commitment to the growth of the sport and the league.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.4%
Tags
none
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News
Flywire to Announce First Quarter 2024 Results on May 7, 2024
Rhea-AI Summary
Flywire (FLYW) will announce its first quarter 2024 financial results on May 7, 2024. The conference call will be hosted by CEO Mike Massaro, President Rob Orgel, CFO Cosmin Pitigoi, and Head of Investor Relations Akil Hollis.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.73%
Tags
earnings
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News
Flywire survey: Luxury travelers planning to spend more on vacations and take longer trips compared to last year
Rhea-AI Summary
Flywire 's annual luxury travel report reveals a 70% increase in interest in luxury cruises Year-over-Year, with 90% of vacations expected to be longer and 87% planning to spend more on travel in 2024. The report highlights a growing preference for unique high-end experiences, particularly in ocean adventures, and a reliance on travel advisors for personalized luxury experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.57%
Tags
none
News
Flywire Partners with VTEX to Deliver Integrated Payment Experience to Higher Education Institutions across Latin America
Rhea-AI Summary
Flywire partners with VTEX to enhance payment experience for students in Latin America, focusing on streamlining international and domestic payment flows for universities. The integration supports institutions in diversifying and internationalizing, with a specific focus on Tec in Mexico. Students benefit from a seamless payment process in their native currencies, while universities gain efficiency in managing payments and compliance standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
Tags
partnership
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News
Flywire to Attend Upcoming Investor Conferences
Rhea-AI Summary
Flywire Corporation (FLYW) announces its participation in upcoming investor conferences to discuss its global payments enablement and software solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
Tags
conferences
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News
Flywire Reports Fourth Quarter and Fiscal-Year 2023 Financial Results
Rhea-AI Summary
Flywire Corporation (Nasdaq: FLYW) reported a 37.5% increase in revenue for the fourth quarter of 2023, with a 42.6% growth in revenue less ancillary services. The company's strong financial performance led to net income of $1.3 million in Q4. For fiscal-year 2023, Flywire saw a revenue increase of 39.3% and a net loss of $8.6 million. The company also highlighted key business developments across various sectors, including education, travel, B2B, and healthcare. Flywire expects revenue less ancillary services to grow by 30% in fiscal-year 2024, with an improvement in adjusted EBITDA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.66%
Tags
earnings
News
Cosmin Pitigoi to Join Flywire as Chief Financial Officer
Rhea-AI Summary
Flywire Corporation announces the appointment of Cosmin Pitigoi as Chief Financial Officer, bringing extensive experience in global payments and finance. Pitigoi will lead financial operations and drive growth for Flywire.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.79%
Tags
none
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News
Flywire Partners with State Bank of India (SBI) to Digitize Education Payments from India
Rhea-AI Summary
Flywire Corporation partners with State Bank of India, India’s largest public sector bank, to provide Indian students a fully digital checkout experience for cross-border education payments in Indian Rupees. The partnership aims to streamline international education payments, comply with the Liberalized Remittance Scheme, and cater to the rising number of Indian outbound students. The integration benefits both students and institutions, providing a seamless and digital payment experience while ensuring compliance with payment guidelines.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.91%
Tags
partnership
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News
Flywire to Announce Fourth Quarter and Full Year 2023 Results on February 27, 2024
Rhea-AI Summary
Flywire Corporation (FLYW) announced the release of its fourth quarter and full year 2023 financial results, scheduled for February 27, 2024. The company will host a conference call with key executives to discuss the results, including CEO Mike Massaro, President and COO Rob Orgel, CFO Mike Ellis, and Head of Investor Relations Akil Hollis. The conference call will be webcast live and a replay will be available on the investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
Tags
earnings
News
Lendbuzz Welcomes Diane Offereins to Board of Directors
Rhea-AI Summary
Lendbuzz, a financial technology company, adds Diane Offereins, a veteran of the financial services industry, to its board of directors. Ms. Offereins brings over 35 years of experience, having held leadership positions at Discover Financial Services, MBNA, Bank of America, and SouthEast Bank. She is also on the Board of Directors of Flywire (NASDAQ: FLYW) and Brighthouse Financial, Inc. (NASDAQ: BHF). Lendbuzz CEO, Amitay Kalmar, expresses excitement about her addition and looks forward to her guidance as the company continues to grow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.47%
Tags
management
Stock FLYW logo
Flywire Corp

Nasdaq:FLYW

FLYW Rankings

#1672 Ranked by Market Cap
#910 Ranked by Stock Gains
N/A Ranked by Dividends

FLYW Stock Data

2.60B
107.19M
3.38%
97.35%
5.41%
Financial Transactions Processing, Reserve, and Clearinghouse Activities
Finance and Insurance
Link
United States
Boston

About FLYW

flywire, formerly peertransfer, is a leading provider of high-ticket cross-border payment solutions, connecting institutions on six continents with consumers from around the world. introduced four years ago as a way for international students to pay their tuition for studies abroad, flywire is now welcomed by more than 800 colleges, universities, and other educational institutions. the company processes payments on behalf of students from 200+ countries and territories, in more than 100 local currencies. convenient, fast and secure, flywire’s scalable cross-border platform accepts bank transfers, online banking, and credit & debit cards − providing currency conversion at exchange rates that can offer significant savings when compared to home-market banks and credit card providers. committed to a great end-to-end customer experience, the company offers multilingual servicing via phone, email, and chat, as well as 24/7 online payment tracking. flywire is headquartered in boston, ma with