Flywire Corporation operates as a payment enablement and software company in the United States and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company's platform facilitates payment flows across multiple currencies, payment types, and payment options; and provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly. It serves education, healthcare, travel, and business to business organizations. Flywire Corporation was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. The company was incorporated in 2009 and is based in Boston, Massachusetts.
IPO Year: 2021
Exchange: NASDAQ
Website: flywire.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/23/2025 | Outperform → Peer Perform | Wolfe Research | |
| 4/14/2025 | $9.00 | Neutral → Underweight | Analyst |
| 2/26/2025 | $25.00 → $15.00 | Buy → Neutral | UBS |
| 2/26/2025 | $26.00 → $16.00 | Buy → Hold | Deutsche Bank |
| 2/26/2025 | $26.00 → $15.00 | Overweight → Equal-Weight | Stephens |
| 2/26/2025 | $29.00 → $17.00 | Strong Buy → Outperform | Raymond James |
| 2/26/2025 | $15.00 | Buy → Neutral | Goldman |
| 2/26/2025 | Buy → Neutral | BTIG Research | |
| 1/14/2025 | Buy → Neutral | Seaport Research Partners | |
| 10/11/2024 | $20.00 → $18.00 | Overweight → Equal Weight | Wells Fargo |
First Quarter Revenue Increased 17.0% Year-over-Year First Quarter Revenue Less Ancillary Services Increased 16.8% Year-over-Year Previous Fiscal Year 2025 guidance reaffirmed BOSTON, May 06, 2025 (GLOBE NEWSWIRE) -- Flywire Corporation (NASDAQ:FLYW) ("Flywire" or the "Company"), a global payments enablement and software company, today reported financial results for its first quarter ended March 31, 2025. "We are pleased with our 2025 first quarter results, as we signed more than 200 new clients, led by our Travel and Education verticals, and exceeded the high end of our FX Neutral Revenue Guidance, while expanding Adjusted EBITDA margins above our guidance mid-point," said Mike Massar
Integrated solution enables Flywire to unlock new payment flows from India to academic destinations worldwide Flywire further expands footprint in India, capitalizes on the billions of dollars of payment volume from education loans BOSTON and MUMBAI, India, April 30, 2025 (GLOBE NEWSWIRE) -- Flywire Corporation (NASDAQ:FLYW) (Flywire), a global payments and enablement and software company, today announced its strategic partnership with Avanse Financial Services, India's second-largest education-focused non-banking financial company (NBFC). The collaboration simplifies the process of disbursing education loan payments for Indian students pursuing education opportunities abroad. The collab
BOSTON, April 14, 2025 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (NASDAQ:FLYW), a global payments enablement and software company, announced that its first quarter financial results will be released after market close on Tuesday, May 6, 2025. Flywire will host a conference call to discuss its first quarter financial results at 5:00pm ET the same day. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, and Cosmin Pitigoi, CFO. The conference call will be webcast live from Flywire's investor relations website at https://ir.flywire.com/. A replay will be available on the investor relations website following the call. About FlywireFlywire is a global
BOSTON and ORLANDO, Fla., April 08, 2025 (GLOBE NEWSWIRE) -- Today, at the Ellucian Live conference, Flywire Corporation (NASDAQ:FLYW) (Flywire), a global payments enablement and software company, announced newly deployed integrations with Ellucian, a leading provider of software and services built to power higher education. Flywire's new integration pathway with Ellucian Ethos, Ellucian's API layer, enables institutions to accelerate their implementations of Flywire's solutions, and ensures Flywire can be implemented on any Ellucian instance, including Banner and Colleague SaaS. These new achievements build off of Flywire and Ellucian's award-winning integrations that enhance the student
80% of those surveyed are planning to spend more on trips next year; almost half of those who spend $25K per vacation plan to spend much more than before 97% ultra luxury travelers say they are likely to take a trip to reduce stress, reduce anxiety and/or fully unplug in the next year Discerning travelers continue to prioritize simplicity and security for high-value payments BOSTON, March 31, 2025 (GLOBE NEWSWIRE) -- Elite travelers are seeking highly-personalized, exclusive and high-end travel experiences that will enhance their own wellbeing, according to a new report from Flywire Corporation (NASDAQ:FLYW), a global payments enablement and software company. And on a quest to feel rec
Flywire delivers streamlined, secure payment experiences for Authentic Scandinavia and Authentic Europe, two of the Haman Group's leading travel brands Flywire integrates with Haman Group's booking system to streamline payment processing and reconciliation for Haman's businesses and international guests BOSTON, March 18, 2025 (GLOBE NEWSWIRE) -- Today, Haman Group – one of the largest inbound tour operators in Scandinavia, announced it has selected Flywire Corporation (NASDAQ:FLYW), a global payments enablement and software company, as the exclusive international payments partner for two of the Haman Group's leading brands, Authentic Scandinavia and Authentic Europe. The partnership will
Strategic promotion of Mohit Kansal to Chief Payments Officer strengthens Flywire's focus on payment innovation and expanded network coverage across its global footprint The appointment comes as Flywire implements several initiatives designed to enhance client services, accelerate acceptance rails and increase localization efforts BOSTON, March 13, 2025 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (NASDAQ:FLYW), a global payments enablement and software company, announced the appointment of Mohit Kansal to Chief Payments Officer. In this expanded role, Kansal will help accelerate Flywire's payments strategy and drive technical alignment within Flywire's verticals, while buildin
Direct-to-school digital payment experience developed by Flywire and Ascensus offers an intuitive user experience that improves how families access their education savings With six additional plans signed on in 2024, more than 40 Ascensus-administered 529 plans can leverage Flywire's digital disbursement technology BOSTON and DRESHER, Pa., March 10, 2025 (GLOBE NEWSWIRE) -- Flywire Corporation (NASDAQ:FLYW) (Flywire), a global payments and enablement and software company, and Ascensus, a market-leading enabler of tax-advantaged savings, are pleased to announce that they delivered more than $2 billion in electronic 529 tuition payments directly to colleges and universities in the U.S. t
BOSTON, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Flywire Corporation (NASDAQ:FLYW)("Flywire" or the "Company") a global payments enablement and software company, today announced that the Company will be attending the following upcoming investor conferences: On Monday, March 3, 2025, the Company will attend the Raymond James Institutional Investors Conference in Orlando, FL. They will participate in investor meetings.On Wednesday, March 5, 2025, the Company will attend the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA. They will participate in a fireside chat discussion which will begin at 12:20pm PST.On Tuesday, March 11, 2025, the Company will attend the Wolfe FinTe
Taktile – a category-defining decision automation platform – has raised $54 million in a Series B funding round, to continue empowering teams at fintech companies and financial institutions to optimize their risk management strategies across the entire customer lifecycle. The round was led by Balderton Capital, with participation from existing investors Index Ventures, Tiger Global, Y Combinator, Prosus Ventures, Visionaries Club as well as Larry Summers, former US Secretary of the Treasury, bringing Taktile's total funding to date to $79 million. In 2024, Taktile quadrupled its customer base and grew over 3.5x in ARR. Its customer base spans 24 markets, encompassing sophisticated fintech
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Wolfe Research downgraded Flywire from Outperform to Peer Perform
Analyst downgraded Flywire from Neutral to Underweight and set a new price target of $9.00
UBS downgraded Flywire from Buy to Neutral and set a new price target of $15.00 from $25.00 previously
Deutsche Bank downgraded Flywire from Buy to Hold and set a new price target of $16.00 from $26.00 previously
Stephens downgraded Flywire from Overweight to Equal-Weight and set a new price target of $15.00 from $26.00 previously
Raymond James downgraded Flywire from Strong Buy to Outperform and set a new price target of $17.00 from $29.00 previously
Goldman downgraded Flywire from Buy to Neutral and set a new price target of $15.00
BTIG Research downgraded Flywire from Buy to Neutral
Seaport Research Partners downgraded Flywire from Buy to Neutral
Wells Fargo downgraded Flywire from Overweight to Equal Weight and set a new price target of $18.00 from $20.00 previously
First Quarter Revenue Increased 17.0% Year-over-Year First Quarter Revenue Less Ancillary Services Increased 16.8% Year-over-Year Previous Fiscal Year 2025 guidance reaffirmed BOSTON, May 06, 2025 (GLOBE NEWSWIRE) -- Flywire Corporation (NASDAQ:FLYW) ("Flywire" or the "Company"), a global payments enablement and software company, today reported financial results for its first quarter ended March 31, 2025. "We are pleased with our 2025 first quarter results, as we signed more than 200 new clients, led by our Travel and Education verticals, and exceeded the high end of our FX Neutral Revenue Guidance, while expanding Adjusted EBITDA margins above our guidance mid-point," said Mike Massar
BOSTON, April 14, 2025 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (NASDAQ:FLYW), a global payments enablement and software company, announced that its first quarter financial results will be released after market close on Tuesday, May 6, 2025. Flywire will host a conference call to discuss its first quarter financial results at 5:00pm ET the same day. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, and Cosmin Pitigoi, CFO. The conference call will be webcast live from Flywire's investor relations website at https://ir.flywire.com/. A replay will be available on the investor relations website following the call. About FlywireFlywire is a global
Acquisition expands Flywire's travel footprint into new subsegments of travel & hospitality, including large-scale branded hotels, luxury hotels, and boutique accommodations Sertifi augments Flywire's travel payments technology with dedicated hotel software integrations into large, global Property Management Systems and Events & Catering systems to automate critical hospitality workflow processes Flywire gains the opportunity to accelerate the monetization of several billion dollars of payments volume that Sertifi's platform has enabled annually BOSTON, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (NASDAQ:FLYW) a global payments enablement and software company
BOSTON, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (NASDAQ:FLYW), a global payments enablement and software company, announced that its fourth quarter and full year 2024 financial results will be released after market close on Tuesday, February 25, 2025. Flywire will host a conference call to discuss its fourth quarter and full year 2024 financial results at 5:00pm ET the same day. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, and Cosmin Pitigoi, CFO. The conference call will be webcast live from Flywire's investor relations website at https://ir.flywire.com/. A replay will be available on the investor relations website following the
BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (NASDAQ:FLYW), a global payments enablement and software company, announced that its third quarter 2024 financial results will be released after market close on Thursday, November 7, 2024. Flywire will host a conference call to discuss its third quarter 2024 financial results at 5:00pm ET the same day. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, and Cosmin Pitigoi, CFO. The conference call will be webcast live from Flywire's investor relations website at https://ir.flywire.com/. A replay will be available on the investor relations website following the call. About Flyw
Second Quarter Revenue Increased 22% Year-over-Year Second Quarter Revenue Less Ancillary Services Increased 26% Year-over-Year Company Announces Acquisition of Invoiced, an Award-Winning Accounts Receivable SaaS Platform Board of Directors Authorizes $150 Million Share Repurchase Program BOSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (NASDAQ:FLYW) ("Flywire" or the "Company") a global payments enablement and software company, today reported financial results for its second quarter ended June 30, 2024. "Our second quarter results demonstrate resilient performance across the business where we signed more than 200 new clients and grew revenue by 22% and revenue less ancil
Invoiced augments Flywire's B2B payments solution with workflow automation software purpose-built for mid-market companies to streamline the entire Accounts Receivables (A/R) process Acquisition extends Flywire's customer footprint across a diversified customer base and accelerates company's investment in software and payments innovation for B2B industry Flywire gains the opportunity to monetize several billion dollars of domestic and international invoicing volume that is managed annually by the Invoiced platform BOSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (NASDAQ:FLYW) a global payments enablement and software company, announced that it has acquired
BOSTON, July 17, 2024 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (NASDAQ:FLYW), a global payments enablement and software company, announced that its second quarter 2024 financial results will be released after market close on Tuesday, August 6, 2024. Flywire will host a conference call to discuss its second quarter 2024 financial results at 5:00pm ET the same day. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, and Cosmin Pitigoi, CFO. The conference call will be webcast live from Flywire's investor relations website at https://ir.flywire.com/. A replay will be available on the investor relations website following the call. About FlywireFlywire is
First Quarter Revenue Increased 21% Year-over-Year First Quarter Revenue Less Ancillary Services Increased 24% Year-over-Year Company Provides Second Quarter and Fiscal-Year 2024 Outlook BOSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (NASDAQ:FLYW) ("Flywire" or the "Company") a global payments enablement and software company, today reported financial results for its first quarter ended March 31, 2024. "We are pleased with our 2024 first quarter results, where we signed more than 200 new clients, the highest the company has signed in a quarter," said Mike Massaro, CEO of Flywire. "This solid start to our year reflects the strength and resilience of our global and d
BOSTON, April 16, 2024 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (NASDAQ:FLYW), a global payments enablement and software company, announced that its first quarter 2024 financial results will be released after market close on Tuesday, May 7, 2024. Flywire will host a conference call to discuss its first quarter 2024 financial results at 5:00pm ET the same day. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, Cosmin Pitigoi, CFO, and Akil Hollis, Head of Investor Relations. The conference call will be webcast live from Flywire's investor relations website at https://ir.flywire.com/. A replay will be available on the investor relations website followi
Strategic promotion of Mohit Kansal to Chief Payments Officer strengthens Flywire's focus on payment innovation and expanded network coverage across its global footprint The appointment comes as Flywire implements several initiatives designed to enhance client services, accelerate acceptance rails and increase localization efforts BOSTON, March 13, 2025 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (NASDAQ:FLYW), a global payments enablement and software company, announced the appointment of Mohit Kansal to Chief Payments Officer. In this expanded role, Kansal will help accelerate Flywire's payments strategy and drive technical alignment within Flywire's verticals, while buildin
BOSTON, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (NASDAQ:FLYW) (Flywire), a global payments enablement and software company, today is announcing the appointment of Carleigh Jaques to its Board of Directors, effective immediately. Ms. Jaques will also serve as a member of the Audit Committee of Flywire's Board of Directors. Ms. Jaques brings extensive experience in financial technology, payments, risk and capital markets to Flywire's Board of Directors. She previously led multiple strategic and operational teams over the span of a 15-year career at Visa, Inc. (NYSE:V), where she was most recently the SVP, Global Head of Risk & Identity Solutions. In this role, she acce
-Industry Veteran Strengthens Leadership Team to Drive Growth & Scale One Inc, the leading digital payments network for the insurance industry, today announced the appointment of Michael Ellis as the company's new Chief Financial Officer (CFO), effective August 5, 2024. As CFO, Ellis will be responsible for overseeing the company's financial activities and will help guide One Inc's future direction in collaboration with Chief Executive Officer Ian Drysdale, to whom he will report. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240806903108/en/Michael Ellis (Photo: Business Wire) Ellis joins One Inc with over 30 years of experi
Lendbuzz, an AI-based financial technology company that helps consumers obtain fair access to credit when purchasing a vehicle, today announced that it has added Diane Offereins to its board of directors. Ms. Offereins—who brings to the board more than 35 years of experience in the Financial Services industry— spent much of her storied career at Discover Financial Services, where she recently retired as the Executive Vice President, President Payment Services, having served in a variety of leadership roles at the company since 1998. As a member of Discover's executive committee, she helped drive the firm's strategic direction, flagship initiatives, and helped to shape the company's cultur
The addition of StudyLink is expected to bolster Flywire's education solution with a comprehensive international admissions, application & agent management software platform Acquisition enhances the StudyLink and Flywire value proposition to their shared stakeholders in the higher education ecosystem and adds more value to institutions, agents and students Flywire expands on existing partnership with Navitas as a key payments partner for its colleges and campuses worldwide BOSTON and ADELAIDE, Australia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (NASDAQ:FLYW) a global payments enablement and software company, announced that it has acquired StudyLink, an inno
Hospitality and restaurant technology executive joins the company to fuel its next phase of growth HERNDON, Va., Sept. 27, 2023 /PRNewswire/ -- FranConnect, the leading provider of sales, operations, and marketing technology to franchises and multi-location businesses, announces the appointment of Austen Asadorian to its executive leadership team as Chief Revenue Officer. Asadorian will oversee FranConnect's global go-to-market and revenue organization, including new customer acquisition, customer expansion, new market development, pre-sales consulting, and revenue operations, bolstering FranConnect's continued year-over-year growth.
BOSTON, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Flywire Corporation (NASDAQ:FLYW) (Flywire), a global payments enablement and software company, today is announcing the appointment of Gretchen Howard to its Board of Directors, effective immediately. Ms. Howard will also serve as a member of the Compensation Committee of the Flywire Board. Ms. Howard brings extensive experience in software, payments and public market operations to Flywire's Board of Directors. She is the former Chief Operating Officer of Robinhood Markets, Inc. ("Robinhood"), where among other functions, she oversaw brokerage, cash compliance and operations, human resources and recruiting, customer trust and safety, as well as c
Flywire appoints Diane Offereins, EVP and President, Payment Services at Discover Financial Services to Flywire's Board of Directors Yvonne Hao and Jo Natauri step down from Flywire's Board BOSTON, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Flywire Corporation (NASDAQ:FLYW) (Flywire), a global payments enablement and software company, today is announcing the appointment of Diane Offereins to its Board of Directors, effective immediately. Ms. Offereins will also serve as a Member of the Compensation Committee of the Board. Flywire also is announcing that Jo Natauri and Yvonne Hao have stepped down from the Board. Ms. Offereins brings an extensive background in Payments, Financial Services and Cyb
BOSTON, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Flywire Corporation (NASDAQ:FLYW) (Flywire), a global payments enablement and software company, today announced the appointment of Yvonne Hao to its Board of Directors, effective September 23, 2021. Ms. Hao will serve as a Member of the Compensation Committee of the Board. Ms. Hao brings an extensive background in technology and strong operational leadership to Flywire's board. She is Co-Founder of the Private Equity Firm Cove Hill Partners, which focuses on building market-leading consumer and technology companies, and prior to that, held the roles of COO and CFO of PillPack, a national retail e-commerce pharmacy. There she helped lead the $750