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) is a global payments enablement and software company whose news flow reflects developments across education, healthcare, travel, and B2B payments. As a provider of a proprietary global payments network, a next-generation payments platform, and vertical-specific software, Flywire regularly issues updates on client wins, product enhancements, partnerships, and financial performance.
Readers following Flywire news can expect announcements about integrations with major systems and partners, such as its expanded partnership with Workday Student and its direct connection with TenPay Global to offer Weixin Pay (WeChat Pay) for Chinese students paying tuition in South Korea and Malaysia. The company also highlights enhancements to its Student Financial Software for U.S. and U.K. higher education institutions, including real-time ERP integrations and solutions for managing U.S. loan disbursements in the U.K. market.
Flywire’s news stream also includes updates from the travel vertical, such as being selected as the exclusive payments partner for luxury and adventure operators like Quasar Expeditions, as well as broader commentary on growth in ocean-based travel experiences. In addition, investors can find earnings-related releases, including quarterly financial results, guidance commentary, and descriptions of non-GAAP metrics discussed in conjunction with SEC filings.
For those tracking FLYW, this news page brings together company press releases on product innovation, sector-specific initiatives, client conferences like Flywire Fusion, and participation in investor conferences. It offers a centralized view of how Flywire is evolving its payments and software capabilities across global markets and verticals over time.
Flywire Corporation (Nasdaq: FLYW) will release its third quarter 2021 financial results on November 9, 2021, after market close. A conference call to discuss these results will take place at 5:00 PM ET the same day, hosted by CEO Mike Massaro, President and COO Rob Orgel, and CFO Mike Ellis. The call will be available live on Flywire’s investor relations website, and a replay will be accessible afterward. Flywire offers global payment solutions and serves over 2,400 clients across various sectors, including education, healthcare, and travel.
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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.
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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.