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 provides global payments enablement and vertical-specific software for complex domestic and cross-border payment workflows. Its platform combines a proprietary global payment network, payments technology and software embedded in accounts-receivable processes for education, healthcare, travel and B2B clients.
Company updates commonly cover quarterly and annual results, total payment volume, revenue less ancillary services, adjusted profitability measures, guidance and share repurchase activity. Recurring operational developments include university tuition management deployments, Student Financial Software, invoice-to-cash automation, enterprise customer agreements, ERP integrations such as NetSuite, investor conferences and board or leadership changes.
Flywire (Nasdaq: FLYW), a global payments enablement and software company, has scheduled the release of its first quarter 2025 financial results for Tuesday, May 6, 2025, after market close. The company will host a conference call at 5:00pm ET on the same day to discuss the results.
The call will feature key executives including CEO Mike Massaro, President and COO Rob Orgel, and CFO Cosmin Pitigoi. Investors can access the live webcast through Flywire's investor relations website, where a replay will also be available after the call.
Flywire (NASDAQ: FLYW) announced new integrations with Ellucian's API layer (Ethos) to enhance higher education payment solutions. The integration enables faster implementation of Flywire's solutions across Ellucian platforms, including Banner and Colleague SaaS.
Two notable implementations showcase the partnership's success:
- George Mason University deployed Flywire's Collection Management software through Ethos integration, enabling single sign-on access and automated past-due collection processes
- Oxford Brookes University became the first UK institution to implement Flywire's international payments integration via Ellucian Ethos
The integration offers payment capabilities in 140+ currencies across 240+ countries, featuring real-time updates, automated reconciliation, and streamlined financial operations. This builds upon Flywire's previous recognition as Ellucian Partner of the Year for Integration Excellence.
Flywire (FLYW) released a comprehensive survey revealing significant trends in ultra-luxury travel for 2025. The study, based on 500+ US ultra-luxury travelers, shows that 80% plan to increase their travel spending next year, with nearly half of those spending $25K+ per vacation willing to spend substantially more.
Key findings highlight that 97% of ultra-luxury travelers are likely to take wellness-focused trips for stress reduction and unplugging. The survey reveals that 92% of respondents value authentic destination experiences over just exclusive accommodations, while 96% rely on travel agents for curating these experiences.
Notable trends include:
- 93% have taken slow travel trips in the past year
- 95% prioritize payment ease across their journey
- 84% embrace 'Joy of Missing Out' (JOMO) in their vacations
- 72% express concerns about payment security
Flywire (FLYW) has been selected as the exclusive international payments partner for Haman Group, one of Scandinavia's largest inbound tour operators. The partnership focuses on two of Haman's leading brands: Authentic Scandinavia and Authentic Europe.
The collaboration aims to modernize Haman Group's payment infrastructure, replacing their legacy system that previously caused inefficiencies and transparency issues. Key improvements include:
- Integration with Haman's booking system for streamlined payment processing and reconciliation
- Automated payment reminders and digitized processes
- Local currency payment options with competitive exchange rates
- 24/7 live support for travelers
Haman Group, with over 60 years of experience in creating travel experiences across Scandinavia and Europe, operates through five travel brands and offers services for travel agencies, groups, and independent travelers.
Flywire (FLYW) has appointed Mohit Kansal as Chief Payments Officer to accelerate its payments strategy and innovation. Kansal, a 9-year company veteran, will oversee payment-related Product Management teams and drive technical alignment across verticals.
The appointment aligns with several key initiatives, including:
- Optimization of local payment experiences in Australia, UK, and Europe
- Reduced payment processing costs through operational efficiencies
- Expanded capabilities in India and China
- Enhanced fraud monitoring with client-specific controls
- Extended Payables solutions across Education, Travel, and B2B sectors
- Launch of next-generation Payment API
Under Kansal's leadership, Flywire aims to streamline payment processing, accelerate consolidation of payment assets, and enhance payment experiences globally while building on its proprietary payment network.
Flywire (NASDAQ: FLYW) and Ascensus have announced processing over $2 billion in electronic 529 tuition payments directly to U.S. colleges and universities throughout 2024. The partnership has expanded to cover more than 40 Ascensus-administered 529 savings programs and over 750 institutions.
The digital payment solution has eliminated over 200,000 paper checks in 2024, replacing manual processing with a fully digital payment and reconciliation system. The integration streamlines the payment process by connecting directly to institutions' student databases, making it efficient for schools regardless of their existing relationship with Flywire.
The direct-to-school digital delivery option provides families with an intuitive user experience for accessing their education savings, while helping institutions reduce administrative backlogs and payment delays. Six additional plans have signed on in 2024, demonstrating growing adoption of the digital disbursement technology.
Flywire (Nasdaq: FLYW), a global payments enablement and software company, has announced its participation in three major investor conferences in March 2025:
- Raymond James Institutional Investors Conference in Orlando, FL on March 3, 2025, featuring investor meetings
- Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA on March 5, 2025, with a fireside chat at 12:20pm PST
- Wolfe FinTech Forum in New York, NY on March 11, 2025, including a fireside chat at 8:40am EST
The fireside chat discussions will be available via live webcast on Flywire's investor relations website, with replays accessible for 90 days after the events.
Taktile, a decision automation platform, has secured $54 million in Series B funding led by Balderton Capital, bringing total funding to $79 million. The company has shown remarkable growth in 2024, quadrupling its customer base and achieving 3.5x growth in ARR.
Operating across 24 markets, Taktile serves fintech companies like Mercury, Kueski, and Zilch, alongside major financial institutions including Allianz and Rakuten Bank. The platform processes hundreds of millions of risk decisions monthly, enabling business teams to build transparent AI-powered risk decisioning systems.
Notable customer successes include helping Zilch reduce service costs by 50%, enabling Zippi to achieve 67% faster policy logic deployment, and reducing Breakout Finance's underwriting time by 95%. The funding will accelerate Taktile's momentum in equipping business teams with AI-powered risk decisioning tools.
Flywire (FLYW) reported Q4 2024 financial results with revenue increasing 17.0% year-over-year to $117.6 million. The company's total payment volume grew 27.6% to $6.9 billion in Q4 2024.
Key Q4 metrics include: gross profit of $74.3 million (63.2% margin), net loss of $15.9 million, and adjusted EBITDA of $16.7 million. The company added over 180 new clients in Q4, bringing the total client growth to 16% year-over-year.
Notable developments include:
- Announcement of restructuring impacting 10% of workforce
- Acquisition of Sertifi to expand Travel vertical
- Repurchase of 2.3 million shares for approximately $44 million
For fiscal-year 2025, Flywire projects revenue less ancillary services growth of 10-14% on an FX-neutral basis, with a 200-400 basis point increase in adjusted EBITDA margin. The Sertifi acquisition is expected to provide incremental revenue of $30.0-40.0 million in fiscal year 2025.
Flywire (NASDAQ: FLYW) has acquired Sertifi, a hospitality software and payments platform, for $330 million through a combination of cash and debt. The acquisition expands Flywire's travel business by integrating Sertifi's platform, which serves over 20,000 hotel locations globally, including major brands like Marriott, Hilton, and Hyatt.
Sertifi's SaaS platform specializes in digitizing hotel workflows for events and group booking sales, featuring integrations with major Property Management Systems. The acquisition is expected to add $35-40M in revenue for FY 2025, with gross margins similar to Flywire's existing operations. While Sertifi is anticipated to maintain positive Adjusted EBITDA, its margin percentage will be lower than Flywire's overall margins due to growth investments.