Welcome to our dedicated page for Flywire news (Ticker: FLYW), a resource for investors and traders seeking the latest updates and insights on Flywire stock.
Flywire Corporation (Nasdaq: FLYW) provides innovative global payment solutions for education, healthcare, and enterprise sectors through its proprietary fintech platform. This news hub offers investors and industry professionals centralized access to Flywire's latest developments.
Find official press releases covering financial results, strategic partnerships, product launches, and market expansions. Our curated collection ensures you stay informed about Flywire's progress in simplifying complex cross-border transactions and expanding its payment network capabilities.
Key updates include earnings announcements, technology innovations, leadership changes, and regulatory developments. Bookmark this page to monitor Flywire's growth in vertical-specific payment software and international transaction processing.
Flywire Corporation (Nasdaq: FLYW) has appointed Yvonne Hao to its Board of Directors effective September 23, 2021. A former senior executive at PillPack, Hao brings extensive experience in technology and operational leadership. She was instrumental in PillPack's $750 million sale to Amazon and has held various roles at Bain Capital and Honeywell. CEO Mike Massaro emphasized her unique insights and strategic expertise as vital for Flywire’s growth. Hao expressed enthusiasm about enhancing Flywire's innovative payment solutions and contributing to its operational success.
Ontario Systems, a leader in enterprise workflow automation software, has partnered with Flywire Corporation (Nasdaq: FLYW) to provide a digital patient engagement solution for healthcare clients. This solution integrates Flywire's omni-channel tools into Ontario's Artiva HCx™ platform, enhancing patient financial experiences and increasing collections efficiency. The partnership aims to modernize payment processes and improve client productivity by offering self-service options for patients, thereby addressing rising demands for user-friendly payment methods.
Balderton Capital announces the appointment of Dave Kellogg as its first Executive in Residence. With over three decades of experience in SaaS and enterprise software, Kellogg will advise Balderton and its portfolio companies on key areas like SaaS metrics, strategy, and marketing. His previous roles include CEO of Planful and SVP at Salesforce.com. This follows a successful year for Balderton, launching a $680M fund, achieving three IPOs, and facilitating 11 exits since January 2020.
Flywire Corporation (NASDAQ: FLYW) announced its inaugural virtual event, Flywire Forward, aimed at discussing the future of FinTech on September 16, 2021. The event features a keynote address from three-time Olympian Dominique Dawes, along with insights from industry experts from Nasdaq, Citi, and Bain Capital Ventures. Flywire will unveil exclusive research on global payment trends and conduct discussions on key topics in the financial technology landscape. Registration is open for this pivotal event in the evolving payments industry.
BOSTON, Sept. 1, 2021 – Flywire Corporation (Nasdaq: FLYW) announced its participation in upcoming virtual investor conferences. The company will host a fireside chat at the Wolfe Research TMT Conference on Sept. 8, 2021, at 11:05 am ET, followed by another chat at the Deutsche Bank Virtual Technology Conference on Sept. 10, 2021, at 8:00 am ET. Both presentations will be available via live webcast on Flywire’s investor relations website, with replays accessible for 90 days.
Flywire Corporation (Nasdaq: FLYW) announced its participation in a virtual fireside chat at the Guggenheim Fintech & Software Conference on August 24, 2021, starting at 10:00 AM ET. The event will be broadcast live from Flywire's investor relations website and will be available for replay for 90 days post-event.
Flywire specializes in global payments enablement and software, serving over 2,400 clients with diverse payment methods in more than 130 currencies across 240 countries, primarily in education, healthcare, and travel sectors.
Flywire Corporation (Nasdaq: FLYW) reported a strong financial performance for Q2 2021, with a 56% increase in revenue to $37.0 million and a net loss of $18.1 million. The total payment volume surged by 85% to $1.9 billion, reflecting robust demand for digital payment solutions. Key operating metrics included a 77% rise in revenue less ancillary services to $33.0 million and an improved adjusted gross margin of 68.2%. For FY 2021, Flywire anticipates revenues between $173-$178 million and adjusted EBITDA of $4-$6 million.
Flywire has partnered with LaLiga Business School to enhance digital payment solutions for students and families. The collaboration aims to simplify cross-border payments and improve overall operational efficiency for the school’s administration. Flywire's platform provides a secure and flexible payment experience, supporting various local methods in Spain. This partnership positions Flywire as a leader in education payments, facilitating greater accessibility for international students.
Flywire Corporation (FLYW) announced a conference call to discuss its second quarter 2021 financial results, scheduled for August 10, 2021, at 5:00pm ET. The call will be hosted by CEO Mike Massaro, President and COO Rob Orgel, and CFO Mike Ellis. A press release with the financial results will be available after market close on the same day. Flywire specializes in payment enablement, serving over 2,250 clients globally across multiple industries including education, healthcare, and travel.
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