KnowBe4 Selects Flywire as Global Payments Partner to Transform International Invoice-to-Cash Operations
Rhea-AI Summary
Flywire (Nasdaq: FLYW) announced a three-year agreement with KnowBe4 to provide global invoice-to-cash and payments services, automating end-to-end A/R for enterprise scale. KnowBe4 committed millions in annual payment volume and will use Flywire to accept payments in >140 currencies across 240+ countries.
The partnership is expected to reduce manual reconciliation by ~95%, shorten Days Sales Outstanding, lower transaction costs, and accelerate time to revenue while consolidating payment flows onto a single integration.
Positive
- Commitment of millions in annual payment volume to Flywire
- Expected ~95% reduction in manual reconciliation time
- Support for payments in >140 local currencies across 240+ countries
- Three-year agreement to standardize global invoice-to-cash operations
Negative
- None.
News Market Reaction – FLYW
On the day this news was published, FLYW gained 1.02%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
FLYW was down 0.51% pre-news. Peers were mixed: PRGS -4.05%, RZLV -5.23%, TUYA -2.02%, while NYAX +1.97% and NTCT +1.21%, suggesting stock-specific rather than unified sector direction.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 26 | Board appointment | Positive | -2.9% | Appointment of Christine Katziff to board and Audit Committee. |
| Mar 05 | Client conference | Positive | +3.4% | U.K. higher education conference highlighting product and efficiency gains. |
| Feb 25 | Investor conferences | Positive | +11.4% | Planned attendance at Raymond James and Morgan Stanley investor events. |
| Feb 24 | Earnings results | Positive | +11.4% | Strong Q4/FY2025 growth and FY2026 guidance for revenue and EBITDA margin. |
| Feb 23 | Executive change | Positive | -5.3% | Appointment of new CTO to advance AI-first engineering strategy. |
Recent positive corporate updates and earnings often saw aligned price gains, but board/leadership changes sometimes coincided with selloffs.
Over the last two months, Flywire reported strong FY2025 results, with revenue up 34.0% to $157.5M and total payment volume of $9.3B, which aligned with double‑digit price gains after earnings on Feb 24, 2026. Investor conference participation and a U.K. higher‑education event also coincided with positive reactions. In contrast, board and CTO appointments on Feb 23 and Mar 26, 2026 saw negative moves, indicating execution- and growth-focused news resonates more strongly than governance updates. Today’s KnowBe4 partnership fits the growth/enterprise adoption narrative.
Market Pulse Summary
This announcement highlights Flywire’s role as a core infrastructure provider for large, globally distributed clients. The three-year KnowBe4 agreement, covering over 140 currencies and 240+ countries and territories, reinforces Flywire’s cross-border capabilities and focus on automating complex A/R workflows. In context of recent strong FY2025 results and ongoing insider activity, investors may watch how committed KnowBe4 volumes, operational efficiency metrics, and enterprise pipeline traction evolve following this partnership.
Key Terms
invoice-to-cash financial
accounts receivable (A/R) financial
embedded payments technical
days sales outstanding (DSO) financial
AI-generated analysis. Not financial advice.
Leading human risk management platform leverages Flywire’s invoice to cash with embedded payments solution to improve operational efficiency, accelerate time to revenue and drive ROI
BOSTON, Mass., April 22, 2026 (GLOBE NEWSWIRE) -- Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, today announced that KnowBe4, the world-renowned platform that comprehensively addresses human and agentic AI risk management, has selected Flywire as its preferred partner for global accounts receivable (A/R) and international payments.
The three-year agreement between Flywire and KnowBe4 is expected to deliver a powerful invoicing and payments solution tailored for enterprise-scale needs. Leveraging the power of Flywire’s global payment network and invoice-to-cash software, KnowBe4 can automate its end-to-end invoice-to-cash lifecycle, which is expected to eliminate manual reconciliation, reduce Days Sales Outstanding, and streamline cross-border payment workflows across global territories. KnowBe4, which serves over 70,000 organizations worldwide, has committed millions in annual payment volume through Flywire.
“The Flywire partnership is a critical milestone in strengthening our international finance operations as we expand our global footprint,” said Yuneeb Khan, chief financial officer, KnowBe4. “I am thankful to Flywire and to our finance team for working diligently to bring this capability to life. Looking forward to the journey ahead.”
Scaling Global Operations with Integrated Technology
As KnowBe4 continues its rapid global expansion, the company required a robust, scalable solution to replace legacy providers and streamline complex cross-border workflows. By leveraging the combined power of Flywire’s invoice-to-cash software and proprietary global payments network, KnowBe4 can now automate the entire invoice-to-cash lifecycle for customers across hundreds of countries and territories, which is expected to improve operational efficiency, reduce manual overhead, and accelerate time to revenue.
The integrated offering is expected to provide KnowBe4 with:
- End-to-End A/R Automation with Quantifiable Efficiency: Streamlining billing, collections, and payment processing within a single platform to eliminate thousands of hours of manual labor annually. This automation is expected to drive significant back-office efficiency gains by reducing the time spent on manual reconciliation by approximately
95% . - Global Reach and Reduced Transaction Costs: The ability to accept and settle payments in over 140 local currencies across 240+ countries and territories. By using Flywire’s global payment network and local processing capabilities, KnowBe4 is expected to capture millions of dollars in potential savings by optimizing exchange rates and reducing global transaction fees.
- Accelerated Revenue and IT Optimization: A single, robust integration into KnowBe4’s system of record that eliminates the technical burden of maintaining multiple payment providers. This "future-proof" approach is designed to reduce Days Sales Outstanding (DSO) and improve cash flow predictability, while delivering significant IT resource savings, allowing engineering teams to focus on core strategic growth.
"KnowBe4 represents exactly the kind of high-growth, global technology leader that Flywire was built to serve," said Ryan Frere, EVP and GM of B2B, Flywire. "Their finance team was managing an increasingly complex web of cross-border payments, manual reconciliation, and disparate systems - all while trying to scale rapidly across new markets. By combining our invoice-to-cash software with our proprietary global payments network, we're giving KnowBe4 the infrastructure to get paid faster, reduce operational drag, and deliver a better experience to their customers worldwide. This is what it looks like when payments stop being a bottleneck and start being a growth enabler."
"As KnowBe4 continues to expand its footprint around the world, we required a sophisticated payments partner that could scale alongside our global operations,” said Vlad Kaplunsky, VP of Tax & Treasury, KnowBe4. “By integrating with Flywire, we are not only providing our international customers with a more seamless and localized payment experience, we are also driving significant value by automating complex back-office workflows. This partnership allows our teams to move away from manual reconciliation and focus on the strategic initiatives that will fuel our long-term growth."
Resources
- To learn more about Flywire’s B2B solutions, visit flywire.com/industries/b2b.
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 approximately 5,000** clients with diverse payment methods in more than 140 currencies across more than 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.
**Excludes clients from Flywire’s Invoiced and Sertifi acquisitions
About KnowBe4
KnowBe4 is the provider of the world’s largest security awareness training and simulated phishing platform. Used by more than 70,000 organizations around the globe, KnowBe4 helps organizations address the human element of security by raising awareness about ransomware, CEO fraud and other social engineering tactics through a new-school approach to awareness training on security.
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 B2B business, expectations 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, 2025, which is on file with the Securities and Exchange Commission (SEC) and available on the SEC's website at https://www.sec.gov/. 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
