Flywire Appoints Patrick Blanc as Chief Technology Officer
Rhea-AI Summary
Flywire (NASDAQ: FLYW) appointed Patrick Blanc as Chief Technology Officer effective Feb 23, 2026. Blanc will oversee global engineering, implementation, and technical support while advancing Flywire’s AI-first engineering approach and scaling payments platform capabilities to meet rising client demand.
Background: Blanc has 20+ years at Visa, PayPal, Ingenico, and holds a Master’s in Computer Science from INSA Toulouse. David King transitions to Chief Product Officer and Co‑President of Global Education.
Positive
- Experienced CTO hire with 20+ years at Visa, PayPal, Ingenico
- AI-first engineering focus to accelerate product and payments innovation
- Global scale mandate to strengthen engineering, implementation, and support
- Leadership continuity with David King moving to product and education roles
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
Momentum data flags only NTCT with a notable move, down about 4.05%, while broader peer price changes are mixed. With the target’s direction unspecified and just one peer in momentum, moves around this CTO news appear stock-specific rather than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 09 | Earnings date notice | Neutral | +0.4% | Announced timing and webcast details for Q4 2025 results. |
| Feb 03 | Education partnership | Positive | -10.3% | Named preferred payment partner for Simovative’s academyFIVE in DACH region. |
| Jan 27 | Luxury travel survey | Positive | -2.9% | Released survey showing higher expected luxury travel spend and payment preferences. |
| Dec 03 | TenPay expansion | Positive | +2.4% | Expanded TenPay Global partnership to support Weixin Pay for students abroad. |
| Dec 01 | Investor conference | Neutral | -1.5% | Announced participation and webcast for UBS Global Tech and AI conference. |
Recent positive commercial and survey announcements have often seen mixed or negative next-day price reactions, while partnership expansion with TenPay aligned with a modest gain.
Over the past few months, Flywire has reported several ecosystem and commercial updates. An earnings date announcement on Feb 9, 2026 saw a slight +0.36% move. A DACH-region education payments partnership on Feb 3, 2026 coincided with a -10.25% reaction, and a luxury travel spending survey on Jan 27, 2026 with -2.91%. By contrast, expanding its TenPay Global partnership on Dec 3, 2025 aligned with a +2.35% move. Today’s CTO appointment follows this pattern of strategy-focused updates.
Market Pulse Summary
This announcement formalizes Flywire’s planned CTO transition described in its Jan 14, 2026 8-K, bringing in Patrick Blanc, who has more than 20 years of global payment technology leadership at firms like Visa, PayPal, Cybersource, and Ingenico. The move aligns with Flywire’s focus on an AI-first engineering approach and scaling mission-critical payments infrastructure. Investors may watch how this leadership change translates into product innovation, platform reliability, and progress against upcoming events such as the Q4 2025 results release on Feb 24, 2026.
Key Terms
fraud management platforms technical
AI-generated analysis. Not financial advice.
Former Visa Value-Added Services CTO and PayPal GM brings proven track record of accelerating product and payment innovation and leading global engineering teams at scale
BOSTON, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Flywire Corporation (NASDAQ: FLYW) (Flywire), a global payments enablement and software company, today announced the appointment of Patrick Blanc as its Chief Technology Officer. In this role, Blanc will oversee Flywire's global engineering, implementation, and technical support organizations, leading the company's technology strategy and execution across the global payments platform and vertical software, while strengthening the payments experience for clients and payers. The appointment comes as Flywire advances its AI-first engineering approach, enhances its technology capabilities, and scales to meet growing client demand.
"Patrick joins Flywire at an important moment as we accelerate how we innovate, build and deliver our solutions," said Mike Massaro, CEO of Flywire. “We are leveraging the latest technologies and AI to make payments smarter, faster, and more secure, and in turn creating measurably better outcomes for clients in the industries we serve and for payers around the world. As demand for our solutions grows, we need a proven technology leader who can scale mission-critical infrastructure while staying relentlessly focused on client success. Patrick's two decades at Visa and PayPal give him the rare combination of technical vision and operational excellence we want to lead Flywire through this next phase of growth.”
Blanc brings more than 20 years of global leadership in payment technology innovation, having held senior executive positions in engineering and product development at some of the world's largest payments companies. Most recently, he served as CTO of Ingenico, a global leader in payment acceptance and services, where he led technology and innovation. Prior to that, he was CTO of Cybersource and Value Added Services at Visa, where he was instrumental in building and scaling the company's global payment, issuing, acquiring, and fraud management platforms. Prior to Visa, Blanc spent a decade at PayPal in the U.S. and Singapore, developing deep expertise in mobile commerce, payment software applications, and global engineering leadership. A native of France, Blanc studied engineering at the Institut National des Sciences Appliquées (INSA) Lyon and holds a Master's degree in Computer Science from the Institut National des Sciences Appliquées (INSA) Toulouse.
“Flywire’s leadership in developing software-driven payments experiences that embed into mission-critical workflows sets the company apart,” said Patrick Blanc, Flywire’s Chief Technology Officer. "I'm excited to build on this foundation and scale our capabilities to meet growing demand, while delivering even greater value for clients worldwide.”
Blanc joins Flywire as David King transitions from Chief Technology Officer to a new dual role as Chief Product Officer and Co-President of Global Education. Together, these leadership moves underscore Flywire’s commitment to accelerate product innovation, deepen vertical expertise, and scale software capabilities in alignment with the company's long-term strategic objectives.
About Flywire
Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers. Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.
Flywire supports more than 4,900 clients with diverse payment methods in more than 140 currencies across 240 countries and territories around the world. Flywire is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X (formerly known as Twitter), LinkedIn and Facebook.
Safe Harbor Statement
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire's expectations regarding the benefits of its clients and business, Flywire's business strategy and plans, market growth and trends. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, "believe," "may," "will," "potentially," "estimate," "continue," "anticipate," "intend," "could," "would," "project," "target," "plan," "expect," or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire's forward-looking statements include, among others, the factors that are described in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Flywire's Annual Report on Form 10-K for the year ended December 31, 2024, and Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, which are on file with the Securities and Exchange Commission (SEC) and available on the SEC's website at https://www.sec.gov/. Additional factors may be described in those sections of Flywire’s Annual Report on Form 10-K for the year ended December 31, 2025, expected to be filed with the SEC in the first quarter of 2026. The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Contacts
Media:
Sarah King
Media@Flywire.com
Investor Relations:
Masha Kahn
ir@flywire.com
FAQ
Who is Patrick Blanc and what role will he fill at Flywire (FLYW) as of Feb 23, 2026?
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What leadership change accompanies Patrick Blanc’s hire at Flywire (FLYW)?
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