BOSTON, July 21, 2026 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced that its second quarter financial results will be released after market close on Tuesday, August 4, 2026. Flywire will host a conference call to discuss its second-quarter financial results at 5:00 pm 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 Flywire
Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-generation payments platform, and vertical-specific software to deliver the most complex and critical 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 over 5,100** clients with diverse payment methods in more than 140 currencies across over 240 countries and territories worldwide. The company is headquartered in Boston, MA, USA, with global offices. For more information, visit www.flywire.com. Follow Flywire on X, LinkedIn, and Facebook.
Key Takeaways Flywire's Q1 2026 revenues rose 41% as B2B, Education, Travel and Healthcare drove growth.Flywire raised FY2026 payment-processing ramp-up contribution outlook to 3-4 percentage points.Flywire expects broader B2B software adoption to strengthen long-term growth and profitability. Flywire Corp.'s (FLYW - Free Report) B2B business is becoming a key growth driver as enterprises look to modernize manual, fragmented invoice-to-cash workflows. Its software-enabled payment platform automates invoicing, collections and accounts receivable processes, enabling customers to improve efficiency while expanding payment volumes and software adoption over time.
The momentum was evident in the first quarter of 2026. Flywire reported revenues of $188.1 million, up 41% year over year, while Revenue Less Ancillary Services rose 43% to $184 million, or 37.2% on a constant-currency basis. Management attributed the strong performance to a better-than-expected education season, continued strength in Travel, and payment-processing ramp-up in Healthcare and B2B.
B2B growth is being fueled primarily by expanding existing customer relationships rather than new client wins. Increased payment-processing volumes from B2B invoice migration initiatives, along with the Cleveland Clinic implementation, contributed a mid-single-digit percentage-point tailwind to first-quarter revenue growth. Management expects a similar contribution in the second quarter before these ramp-up benefits moderate in the second half of 2026. It also raised its expected full-year 2026 revenue contribution from payment-processing ramp-up to 3-4 percentage points.
While these B2B ramp-ups carry a lower-margin profile, weighing on adjusted gross margin, they are meaningfully boosting revenue growth and payment volume. As Flywire expands software adoption across its B2B customer base and moves beyond the initial ramp-up period, the business is expected to deliver a stronger mix of software revenues alongside payment processing, supporting long-term growth and profitability.
How Are FLYW’s Competitors Fairing?BILL Holdings (BILL - Free Report) is a listed competitor in AP/AR automation, SMB payments and financial workflows. In its March 2026 quarter, BILL served 493,800 businesses, processed $89 billion in TPV (+12% year over year) and handled 34 million transactions (+14% year over year), showing BILL’s scale in B2B payments.
Corpay (CPAY - Free Report) is another listed competitor in corporate payments, payables, cards and vendor-payment workflows. In first-quarter 2026, CPAY reported 25% year-over-year revenue growth, 11% organic revenue growth and 29% adjusted EPS growth, underscoring CPAY’s commercial payment strength.
FLYW’s Price Performance, Valuation & EstimatesShares of FLYW have rallied 50.6% over the past three months, outperforming the broader industry and the S&P 500 Index.
Image Source: Zacks Investment Research
In terms of forward 12-month P/E, FLYW stock is trading at 15.82X, which is at a discount to the Zacks Internet Software industry’s 27.31X.
Image Source: Zacks Investment Research
Flywire’s estimate revisions reflect a positive trend. The Zacks Consensus Estimate for full-year 2026 EPS has been significantly revised upward. It indicates a significant year-over-year increase.
Image Source: Zacks Investment Research
Flywire currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Throughout the Iran war over the last several months, global travel has been affected, with impacts ranging from shifts in airspace usage to increased fuel costs and even changes in traveler behavior, as some have chosen to postpone international trips due to safety or cost concerns. Although it remains to be seen at the start of H2 2026 how the conflict between the United States and Iran may continue or be resolved, a post-ceasefire scenario may lead to increased stability in the travel industry.
Boosts to consumer confidence, lower fuel and ticket prices, restored flight routes, and other changes could all lead to a boom for certain companies operating within the industry. Of course, there may be an upper limit to the benefits for the leisure travel space in parts of the world outside of the Middle East, and there are other reasons why the cost of air travel is likely to remain high regardless of an Iran conflict. However, two stocks to keep an eye on include Flywire Corp. NASDAQ: FLYW and Airbnb, Inc. NASDAQ: ABNB.
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A Payments Company Tied to Global TravelFlywire is not likely the first company investors will think of when it comes to the travel industry—the firm is a global payments enablement company that is in the business of cross-border transactions. Travel is one of its verticals, but it is also involved in education, health care, and commercial services.
Flywire Today
$18.75 0.00 (0.00%)
As of 07/2/2026 04:00 PM Eastern
52-Week Range$10.10▼
$18.92P/E Ratio81.52
Price Target$18.07
Nonetheless, even for portions of Flywire's business that are not specifically related to hospitality, travel can have an impact. For example, international education payments often relate to students or their families traveling abroad—more robust travel rates may mean more opportunities to facilitate payments.
A rebound in travel could also mean more international hotels being booked, more tour operators facilitating payments around the world, and so on. Flywire's business benefits from stronger payment volume, rather than just from airline ticket sales or hotel bookings.
Fortunately for Flywire, it has already been thriving even prior to a resolution of the U.S.-Iran conflict. In the first quarter of 2026, for instance, the company reported 41% year over year (YOY) gains to revenue and adjusted EBITDA of $39 million while raising full-year revenue and EBITDA forecasts. Many of these improvements were the result of new education clients, meaning that there could be additional room for leisure- and business-travel growth.
Analysts do see overall earnings momentum continuing and expect earnings growth to reach about 111% in the coming year. For investors, the question may be whether FLYW shares can keep up with this momentum after having already returned about 32% year to date (YTD). The stock is not cheap—it trades at about 81x earnings—but Wall Street is optimistic, as FLYW has nine Buy ratings, one Strong Buy, and five Holds.
A More Direct Travel Marketplace FirmAirbnb is known for its host-driven lodging platform, with accommodations available around the world. The company's broad geographic distribution means that many portions of its business were only minimally impacted by the conflict. A ceasefire may boost bookings in certain regions surrounding the Middle East, for instance, or thanks to restored consumer confidence among those taking international trips.
Airbnb Today
$148.93 0.00 (0.00%)
As of 07/2/2026 04:00 PM Eastern
52-Week Range$110.81▼
$150.19P/E Ratio36.68
Price Target$158.36
A bigger sign to watch for might be whether an end to the U.S.-Iran conflict helps reduce travel costs. Cost-conscious travelers have historically turned to Airbnb for its value relative to hotels in many regions. If a ceasefire drives down prices offered by hosts—or if hotel costs rise faster than Airbnb costs—the company may benefit.
Revenue for Airbnb has been solid—it climbed 18% YOY to $2.7 billion in the latest reported quarter, and the company expects low-to-mid-teen revenue growth for the full year. Emphasizing the importance of cost, the company's Reserve Now, Pay Later policy has helped to power growth in stays and other metrics. The company is also keeping costs down by increasingly utilizing AI in coding and customer assistance.
Airbnb estimated that the Middle East conflict posed a drag of about 100 basis points on nights/seats, so a resolution there could have a noticeable bearing going forward. Still, with lingering concerns about housing regulation, competition, consumer discretionary spending, and more, there are additional factors for investors to keep in mind. Nonetheless, analysts see ABNB stock as a strong option: the company enjoys 23 Buy ratings, two Strong Buy ratings, 13 Holds, and one Sell, in addition to modest upside potential of 6% even after rising by more than 8% YTD.
Should You Invest $1,000 in Flywire Right Now?Before you consider Flywire, you'll want to hear this.
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Edwin J Santos, Director at Flywire Corporation (FLYW +3.91%), reported the sale of Common Stock in an open-market transaction on June 8, 2026, according to a SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)6,524Transaction value~$92KPost-transaction shares (direct)11,558Post-transaction value (direct ownership)~$160KTransaction value based on SEC Form 4 weighted average purchase price ($14.12); post-transaction value based on June 8, 2026 market close (using $14.12).
Key questionsHow does the size of this transaction compare to Santos’s previous sales?
The 6,524 shares sold represent the smallest of Santos’s last three open-market sales, which have ranged from 6,524 to 10,466 shares, reflecting a decline in transaction size as his available holdings have decreased.What proportion of Santos’s direct Common Stock holdings was impacted?
This sale accounted for 36.08% of his direct Common Stock holdings at the time of the transaction, a considerable reduction that aligns with his recent pattern of sizable proportional dispositions.Were any indirect holdings or derivative securities involved?
No indirect or derivative positions were disclosed; all shares sold were held and disposed of directly by Santos, with no trust, LLC, or options activity reported in this filing.What does this activity indicate about future capacity for similar transactions?
With post-sale direct holdings at 11,558 shares (about 23.4% of his year-ago position), the declining trade size is primarily a function of reduced share inventory, signaling that future sales may be smaller unless additional shares are acquired or vested.Company overviewMetricValuePrice (as of market close 2026-06-08)$13.88Market capitalization$1.71 billionRevenue (TTM)$677.69 millionNet income (TTM)$30.18 million* 1-year performance is calculated using June 8th, 2026 as the reference date.
Company snapshotProvides a global payment processing platform and software solutions, with integration to leading alternative payment methods such as Alipay, Boleto, and PayPal/Venmo; core revenue is generated from transaction fees and software services across education, healthcare, travel, and B2B sectors.Operates a technology-driven business model, facilitating cross-border and domestic payments in multiple currencies and payment types, leveraging direct integrations and value-added services to monetize payment flows.Primary customers include educational institutions, healthcare providers, travel companies, and business enterprises seeking efficient, secure, and flexible payment solutions for their clients and payers worldwide.Flywire Corporation is a Boston-based provider of global payment technology, serving clients across diverse verticals. The company leverages a proprietary platform to streamline complex payment processes, enabling efficient cross-border transactions and compliance for institutions and their customers.
With a focus on high-growth sectors such as education and healthcare, Flywire differentiates itself through its robust integrations with alternative payment methods and its ability to handle multi-currency, high-value payments at scale.
What this transaction means for investorsSantos’s sale of more shares of Flywire stock is likely not a surprise for investors observing his behavior. He has made multiple share sales in the past.
Nonetheless, this transaction alone accounted for 36% of his holdings, and when considering past sales, it appears Santos has been a seller of his own company’s stock for some time. Also, that attitude might be understandable as the stock had lost around three-fourths of its value over the last five years.
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However, given the improved metrics, one has to wonder whether Santos sold too much stock. During the last 12 months, the stock rose by 32%. Also, its price-to-sales (P/S) ratio is less than 3.
That is a bargain, considering its $188 million in revenue for the first quarter of 2026 was up 41%. It was also a significant spike from the 26% revenue growth for 2025. That growth occurred as it expanded into travel and hospitality and integrated its software with more systems.
Given the improved financial performance and Flywire’s growing presence in the marketplace, it looks more like a fintech stock to buy than one to sell right now.
Will Healy has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Chief Payments Officer Mohit Kansal reported the sale of a portion of his stake in Flywire Corporation (FLYW +4.74%) in an open-market transaction,, according to a SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)54,543Transaction value$827,000Post-transaction shares (direct)504,320Post-transaction value (direct ownership)~$7.72 millionTransaction value based on SEC Form 4 weighted average purchase price ($15.15); post-transaction value based on June 15, 2026 market close ($15.15).
Key questionsHow material was this sale relative to Kansal’s prior disposition activity?
This transaction is the largest single sale by Kansal on record, representing 9.8% of his direct ownership, compared to the previous sale of 16,101 shares (2.8%) in May 2026; the increase in size is a function of remaining share capacity following prior sales.What is the current market context for Flywire shares?
Shares were sold at a weighted average price of around $15.15 per share, near the June 15, 2026, close of $15.31; Flywire has appreciated 43% over the past year as of the transaction date.Does Kansal retain a substantial ownership position after this sale?
Following the transaction, Kansal directly holds 504,320 shares (0.41% of shares outstanding) and maintains his entire position in Voting Common Stock, which is convertible to Common Stock, preserving meaningful alignment with shareholders.Company overviewMetricValuePrice (as of market close 6/15/26)$15.15Market capitalization$1.89 billionRevenue (TTM)$677.69 millionNet income (TTM)$30.18 million* 1-year performance metrics use June 15, 2026 as the reference date.
Company snapshotOffers a global payment processing platform serving education, healthcare, travel, and B2B sectors, with integrated support for multiple currencies and payment methods.Generates revenue through transaction fees and value-added software solutions that facilitate cross-border and domestic payments for institutional clients.Primary customers include universities, hospitals, travel companies, and corporate enterprises requiring secure, efficient, and flexible payment solutions.Flywire Corporation is a leading provider of payment technology and software solutions, enabling seamless transactions for institutional clients across diverse industries and geographies. The company leverages a proprietary platform with direct integrations to major alternative payment providers, supporting complex, multi-currency transactions. Its global reach and sector-focused approach provide competitive differentiation in the information technology services market.
What this transaction means for investorsSince SEC filings never reveal why an executive sells shares, investors are often left to wonder about the rationale for the transaction. Although we do not know why Kansal chose to sell some shares, this sale likely should not concern investors.
For one, he joined the company 10 years ago, an indication of his confidence in the company. Another reason is the size of the transaction. As previously mentioned, Kansal sold just 9.8% of his shares in the fintech stock, and the value of his remaining shares is approximately $7.72 million, another indication of confidence in the company.
However, Kansal has exercised tremendous patience with the company, and the 43% gain in the stock price over the previous year came after the stock still sells at a discount of more than 70% from its 2021 high.
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Still, the company has turned profitable, which makes its 66 P/E ratio more understandable. Moreover, given its 15 P/E ratio, the stock is arguably inexpensive at these levels. Those factors make it likely Kansal sold shares for personal reasons instead of concerns about the fundamentals of Flywire stock.
Will Healy has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Flywire Corp (FLYW +2.79%) and Visa Inc (V 0.80%) both play vital roles in moving money, but they represent very different paths for your portfolio. This comparison examines their financials and risks to help you decide which fits your goals.
Flywire focuses on solving complex, high-value payment problems in specific industries like education and healthcare. Visa operates the massive underlying infrastructure that powers billions of daily transactions globally. We compare their financials and risks to help you decide which stock is the better buy.
The case for FlywireFlywire operates as a global payments enablement and software company, often categorized among high-growth tech stocks. It processes both cross-border and domestic payments for specialized clients in the education, healthcare, and travel industries. By focusing on these complex verticals, the company provides tailored software that automates high-value transactions for more than 5,100 clients across 240 countries.
In FY 2025, revenue reached $603 million, representing approximately 27% year-over-year growth. The company reported a net income of $13.5 million for the year, marking a notable improvement over prior years. This results in a net margin of roughly 2.2%, representing the percentage of total revenue remaining after the company pays all operating costs and taxes.
As of its December 2025 balance sheet, the company had no debt. The current debt level is just $1.45 million, compared to more than $325 million in cash on hand for the business, indicating the company has more than enough short-term assets to cover its immediate liabilities.
The case for VisaVisa operates as a global payments technology company that serves billions of consumers, businesses, and government entities. It enables digital payments to replace cash and checks in more than 200 countries and territories worldwide. This massive scale creates a powerful network effect where a growing number of cardholders makes the network more valuable to merchants.
In FY 2025, revenue reached $40 billion, representing approximately 11.4% growth over the previous year. The company reported a net income of nearly $20.1 billion for the same period. This results in a net margin of roughly 50.1%, indicating the percentage of each dollar of revenue retained as profit.
As of its September 2025 balance sheet, the debt-to-equity ratio is approximately 0.7x, which compares total debt to shareholder equity, a metric used to evaluate if a business can pay its short-term debts with its current assets. The current ratio is about that as well.
Risk profile comparisonFlywire faces risks from global government policies that restrict international student movement, such as visa caps in Canada, the U.S., and Australia. Geopolitical friction between major economies such as China and the U.S. also threatens to slow cross-border transaction volumes. Furthermore, intense competition from legacy payment providers puts constant pressure on the company to maintain its pricing and market share.
Visa operates under heavy regulatory scrutiny, specifically regarding the interchange fees it charges for processing transactions. The company faces stiff competition from other global networks like Mastercard (MA 0.48%) and American Express (AXP 0.51%), as well as new real-time payment systems. Additionally, any significant cybersecurity breach could lead to data loss and substantial regulatory fines.
Valuation comparisonVisa and Flywire are equally good buys based on their identical Forward P/E ratio, comparing price to future earnings estimates. Flywire carries a lower P/S ratio, measuring price against revenue.
MetricFlywireVisaSector BenchmarkForward P/E22.2x22.2x32.2xP/S ratio3.0x16.8xSector benchmark uses the SPDR XLK sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Encrypted payment system providers like Visa have been under attack from fintechs and neobanks for years, as a shift toward mobile banking and innovation in financial products and transaction speed has allowed new entrants like Flywire to gain a foothold.
While both companies are profitable —Visa more so —and have equal price-to-forward earnings ratios that are cheaper than the financial services sector overall, each has a forward P/E of 22.2 in recent trading; the younger and more nimble Flywire gets the nod.
The knee-jerk reaction to the U.S. tamping down on foreign students is that it’s bad for Flywire, which has established a strong niche in serving students. But the company’s experience with similar admissions tightening in Canada and Australia shows that such restrictions don’t reduce Flywire’s business; they simply shift where students go to school. Given that Flywire has a global network that is especially strong in countries like India, which send many students abroad, this doesn’t really affect its business.
The global nature of Flywire’s network — it accepts payments from 240 countries — has not only given it real strength in the student realm but has also enabled it to grow businesses in travel and health care, which see lots of cross-border payments. Revenue is expected to rise about 24% to $747 million this year, with net income improving. Growth-wise, Visa’s scale works against it: its sales are expected to rise about 14%, still impressive, but not at a forward price-to-sales ratio so much larger than its smaller competitor.
Flywire (FLYW - Free Report) reported $184 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 43%. EPS of $0.10 for the same period compares to $0.03 a year ago.
The reported revenue represents a surprise of +9.4% over the Zacks Consensus Estimate of $168.19 million. With the consensus EPS estimate being $0.03, the EPS surprise was +218.47%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Flywire performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total Payment Volume: $11.4 billion compared to the $10.42 billion average estimate based on four analysts.Revenue- Transaction: $155.2 million versus the three-analyst average estimate of $139.74 million. The reported number represents a year-over-year change of +43.1%.Revenue Less Ancillary Services- Transaction: $155.1 million versus $138.38 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +43.4% change.Revenue Less Ancillary Services- Platform and other revenues: $28.8 million versus $26.7 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +39.8% change.Revenue- Platform and other revenues: $32.9 million versus the three-analyst average estimate of $27.5 million. The reported number represents a year-over-year change of +31.8%.View all Key Company Metrics for Flywire here>>>
Shares of Flywire have returned +19.5% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
BOSTON, May 14, 2026 (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 Wednesday, May 20, 2026, the Company will attend the J.P. Morgan 47th Global Technology, Media, and Communications Conference in Boston, MA. Flywire CEO, Mike Massaro will participate in a fireside chat discussion which will begin at 09:20 am EST.On Thursday, June 4, 2026, the Company will attend the William Blair 46th Annual Growth Stock Conference in Chicago, IL.
The fireside chat discussion will be webcast live from Flywire’s investor relations website at https://ir.flywire.com/. A replay of the webcast will be available on the investor relations website for 90 days following the discussions.
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 5,100 clients with diverse payment methods in more than 140 currencies across more than 240 countries and territories around the world. The company is headquartered in Boston, MA, USA, with global offices. For more information, visit www.flywire.com. Follow Flywire on X, LinkedIn , and Facebook
BOSTON, May 15, 2026 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (“Flywire” or the “Company”), a global payments enablement and software company, today announced a significant step in the execution of its previously announced plan to repurchase up to $50 million shares of its common stock. In connection with its First Quarter 2026 earnings release, Flywire announced an intention to enter into an accelerated share repurchase (ASR) program of up to $50 million in shares as part of its existing $300 million share repurchase program - a direct expression of the Company's confidence in its long-term value and its disciplined approach to capital allocation.
Flywire maintains a buy rating as growth accelerates across Education, Travel, Healthcare, and B2B, with strong Q1 2026 results. Q1 revenue grew 41% y/y, with adjusted EBITDA up 81.8% and margin expanding 452 bps to 21.4%, despite gross margin pressure. Education remains a core driver, but SFS penetration, geographic diversification, and non-Education verticals are increasingly contributing to growth.
May 20, 2026 09:00 ET | Source: Flywire Corporation
Flywire’s hospitality solutions power digital payments, signatures, and authorizations for nearly 90 Driftwood hotel properties throughout the United States
Flywire’s solutions help Driftwood reduce operational friction and enhance the guest experience across its portfolio of leading hospitality brands such as Hyatt, Marriott, Hilton, IHG and more
BOSTON, May 20, 2026 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, today announced the expansion of its partnership with Driftwood Hospitality Management (“Driftwood”), a leading hotel management company, to deploy Flywire's hospitality solutions across nearly 90 U.S. hotel locations. Driftwood, an existing customer of Flywire’s solutions for payments, signatures and authorizations, is rolling out enhanced payments capabilities to further streamline guest transactions and back-office operations.
Driftwood Hospitality Management is renowned for its fully integrated approach to hospitality services. Driftwood manages over 15,000+ rooms across nearly 90 hotels, including brands such as Marriott, Hyatt, Hilton, IHG, and more, as well as with independent boutique hotels. Strong partnerships with these major brands and industry leaders keep Driftwood at the forefront of hospitality. Over its 27-year history, Driftwood’s talented teams have won over 110 awards reflecting its innovation, flexibility, diversity, and focus on results.
Driftwood had already been benefiting from payments, authorization and e-signature solutions - part of Flywire’s portfolio of hospitality solutions - which allowed the hotel management company to significantly accelerate their sales cycle across locations by enabling guests to sign contracts and submit deposits securely from any device, often resulting in a 90% faster turnaround time. To support its growing portfolio and elevate the guest experience, Driftwood moved to modernize its payments infrastructure, replacing outdated manual workflows - including the scanning and emailing of sensitive data - with a secure, scalable solution. In particular, Driftwood needed a platform that could accept and process a variety of payment types - and especially ACH payments - which help them slim down their fees and reduce hidden costs.
Driftwood selected Flywire for its robust global payment capabilities, which not only help eliminate hidden costs but also gives guests a seamless experience. With the rollout of additional Flywire’s payments offerings, Driftwood properties will now be able to:
Guarantee payment by requesting it alongside an e-signature.Implement a lower-risk way to process cards.Accept ACH payments, which cost significantly less to process than credit cards and are less risky than sharing wire instructions. These new payments solutions, combined with existing features like secure online portals, fraud prevention, multi-currency support, and automated reminders, are poised to enhance efficiency and the guest experience across Driftwood's properties. In just five months, Flywire's solutions have already reduced payment processing costs by nearly 30% across 10 of Driftwood properties - with ACH adoption and electronic authorization workflows driving measurable savings across millions in total payment volume.
"Flywire's comprehensive travel and hospitality solutions have really up-leveled our operations,” said Carol Davies, Senior Vice President of Commercial Strategy at Driftwood. “They’ve helped us significantly reduce turnaround time for both payments and contract signatures, while simultaneously lowering the burden of reconciliation and manual data entry. The platform also helps us reduce chargebacks and fosters improved transparency between our sales and finance teams. This technology allows us to operate more efficiently and deliver the elevated, seamless service our guests expect."
“The demands of the hospitality industry are constantly evolving, requiring sophisticated solutions that go beyond basic payment processing to truly embed within and optimize a hotel’s operational workflow,” said Colin Smyth, SVP and GM of Travel at Flywire. “Our hospitality solutions are designed specifically to meet these needs, offering a unified, secure platform for contracts, authorizations, and payments. By expanding their use of Flywire's technology, Driftwood is strategically investing in a best-in-class technology that simplifies complex transactions, elevates the guest journey, and drives tangible efficiencies for their staff.”
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 more than 5,100** clients with diverse payment methods in more than 140 currencies across 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, LinkedIn and Facebook.
**Not including Flywire’s Invoiced and Sertifi acquisitions.
About Driftwood Hospitality Management (DHM)
Driftwood Hospitality Management is an award-winning, third-party hotel management company with a portfolio that includes more than 80 hotels totaling 15,000 rooms throughout North America, Latin America and the Caribbean. Ranked among the Top 20 Hotel Management Companies in the U.S., DHM helps hotel and resort owners achieve success in daily operations, acquisitions and new development, renovations/repositioning, and receiverships. Founded 27 years ago, DHM offers unparalleled expertise in the areas of sales/marketing, revenue management, technology, human resources, procurement, quality control, food & beverage, and accounting/legal services. For more information, visit www.driftwoodhospitality.com.
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 business strategy, 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 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, which are 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.
Flywire NASDAQ: FLYW CEO Mike Massaro said the payments company is seeing benefits from a strategic review that focused on streamlining operations, improving data and systems, and reinvesting in priority areas.
Speaking in a fireside chat with Tien-Tsin Huang, Payments and IT Services Analyst at JPMorgan, Massaro said Flywire responded to changes in some of its end markets with a “three-pronged approach” that included organizational streamlining, optimization across geographies and products, and reinvestment in selected regions, products and teams.
“We feel really good about the work we did, and I think we’re in a great position to scale,” Massaro said.
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Complex Payments Remain Core to Flywire’s Strategy Massaro said Flywire’s businesses in education, travel, healthcare and B2B payments are tied together by a focus on complex payment flows. He said the company targets clients with challenging billing processes, international payment needs or industry-specific systems of record.
“We like to run in towards complexity as a team,” Massaro said, adding that Flywire uses industry-focused software along with a shared payments platform and infrastructure.
He cited wins with educational institutions such as Cornell and Penn State, as well as Cleveland Clinic in healthcare, as examples of the types of complex payment problems Flywire aims to solve.
Travel Business Focused on Hospitality Expansion Massaro said Flywire’s travel business has two main parts: a hospitality business that is currently “heavily U.S.-centric” and a luxury and experiential travel business. He said the two are about equal in size and both are growing well within Flywire.
The hospitality business includes Sertifi, which Flywire acquired to expand into hotel back-office workflows such as documentation, signatures and payment processing for events including weddings, conferences and corporate gatherings. Massaro said the company is preparing for an international launch of the hospitality product from the end of this year into next year.
He said Sertifi is ahead of schedule on monetizing about $3 billion of payments that had not previously been monetized. Flywire acquired roughly 20,000 hotel locations through Sertifi, mostly in the United States, and has spent the past year integrating the product with Flywire payments and preparing it for global use.
On the luxury and experiential side, Massaro said Flywire has opportunities to expand by geography, subsector and software. He pointed to Southeast Asia, Australia and New Zealand as areas where the company has added go-to-market teams, and cited specialized travel categories such as ocean experiences, golf and cycling.
Massaro said Flywire has not seen an impact yet from Middle East conflict on its travel business, though the company is monitoring international travel flows and fuel-related pressures. He said the Middle East could eventually become a growth region for Flywire in education and travel B2B payments, but it is not a current focus for luxury experiential expansion given the conflict.
Education Business Navigates Visa Headwinds In education, Massaro said Flywire has taken a cautious approach to visa-related assumptions in its guidance. He said the company is assuming flat visa issuance in the U.K. and Canada, and that a 30% drop in U.S. visas is already baked into the company’s guide.
Despite those headwinds, Massaro said Flywire has continued to gain share and grow in education markets. He attributed that performance to the company’s land-and-expand strategy, including deployment of more software to existing clients.
A key priority is Flywire’s Student Financials Solution, or SFS, which Massaro described as a student account portal and billing and payment suite that can handle domestic and international tuition payments, one-time payments and payment plans.
Massaro said SFS is only about 10% penetrated across Flywire’s existing education customers, leaving significant cross-sell opportunity. He said Flywire is currently focused on the top four education geographies, but sees demand in many additional countries where universities still rely on PDF invoices and email-based billing processes.
Healthcare Momentum Includes Large Logo Wins Massaro said Flywire’s healthcare team has made progress in a complex market that typically has lower growth. He highlighted Cleveland Clinic, Endeavor, Cook County and Jackson Health as significant wins.
Flywire is finishing its Cleveland Clinic implementation and is seeing payment volume ramp, Massaro said. He noted that this has contributed to a mix shift in gross margin discussed by the company.
Massaro said there are only so many large hospital systems comparable to Cleveland Clinic, but Flywire will continue pursuing large healthcare deals. He said the business is on a better growth trajectory than it was last year.
AI and Stablecoins Seen as Opportunities Asked whether artificial intelligence could threaten Flywire’s business, Massaro said the company must continue to innovate but argued that Flywire’s regulated global payments infrastructure, embedded industry-specific software, multi-year customer agreements and subject-matter expertise create barriers to disruption.
He said Flywire is using AI internally to improve product and engineering workflows, triage support tickets and increase efficiency. Massaro said the company has seen a 40% reduction in payer support tickets as work has shifted from manual queues to automated agentic processes.
On stablecoins, Massaro said Flywire is evaluating the technology across three areas: acceptance, internal money movement and payout or settlement. He said a stablecoin pilot announced several quarters ago is active across more than 1,000 clients.
Massaro said stablecoin volume remains small relative to Flywire’s total payment volume, but economics so far have been on par with bank transfer. He said demand from Flywire’s large enterprise clients to settle in stablecoins is not yet significant.
However, Massaro said stablecoins could help Flywire move money more efficiently when traditional currency markets are closed, potentially improving speed or economics in certain situations.
Looking broadly at the business, Massaro said Flywire started the year strongly, has continued to gain share and is becoming more efficient. He said the company expanded EBITDA margin by 300 basis points last year and has guided for 275 basis points of expansion this year, while continuing to invest in systems, data and AI to support future scale.
About Flywire NASDAQ: FLYWFlywire Corp NASDAQ: FLYW is a global payments enablement and software company that specializes in facilitating complex cross-border transactions. Its cloud-based platform streamlines receivables and payer workflows across key verticals including education, healthcare, travel and hospitality, and commercial services. Flywire's technology integrates with institutional systems to automate payment posting, reconciliation and reporting, aiming to improve the payer experience and accelerate cash flow for its clients.
Founded in 2009 by entrepreneur Iker Marcaide as peerTransfer, the company rebranded as Flywire in 2015.
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Flywire (FLYW - Free Report) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.
Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.
Therefore, the Zacks rating upgrade for Flywire basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Flywire imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for FlywireThis payments company is expected to earn $0.42 per share for the fiscal year ending December 2026, which represents no year-over-year change.
Analysts have been steadily raising their estimates for Flywire. Over the past three months, the Zacks Consensus Estimate for the company has increased 48.7%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Flywire to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
FLYWIRE CORP (FLYW - Free Report) : This company, which operates as a payment enablement and software company, has seen the Zacks Consensus Estimate for its current year earnings increasing 23.5% over the last 60 days.
Lifetime Brands (LCUT - Free Report) : This company, which is a leading designer, marketer and distributor of kitchenware, cutlery & cutting boards, bakeware & cookware, pantryware & spices, tabletop and bath accessories, has seen the Zacks Consensus Estimate for its current year earnings increasing 19.7% over the last 60 day.
Great Elm Capital Group (GECC - Free Report) : This diversified investment company, which operates in investment management, financial products and merchant banking, has seen the Zacks Consensus Estimate for its current year earnings increasing 18.3% over the last 60 days.
Atlanticus (ATLC - Free Report) : This company, which provides credit and related financial services and products, has seen the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days.
Orla Mining (ORLA - Free Report) : This company, which is primarily engaged in developing the Camino Rojo Oxide Gold Project, an advanced gold and silver open-pit and heap leach project, located in Zacatecas State, Central Mexico, has seen the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 29th:
Lifetime Brands (LCUT - Free Report) : This company, which is a leading designer, marketer and distributor of kitchenware, cutlery & cutting boards, bakeware & cookware, pantryware & spices, tabletop and bath accessories, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.7% over the last 60 days.
Lifetime Brands' shares gained 166.6% over the last three month compared with the S&P 500’s gain of 10%. The company possesses a Momentum Score of A.
FLYWIRE CORP (FLYW - Free Report) : This company, which operates as a payment enablement and software company, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.5% over the last 60 days.
FLYWIRE CORP’s shares gained 27.5% over the last three month compared with the S&P 500’s gain of 10%. The company possesses a Momentum Score of A.
Pelagos Insurance Capital Limited (PLGO - Free Report) : This insurance holding company, which has insurance and reinsurance operations principally in Bermuda, Ireland and the United Kingdom, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.9% over the last 60 days.
Pelagos Insurance Capital Limited’s shares gained 11.7% over the last three month compared with the S&P 500’s gain of 10%. The company possesses a Momentum Score of A.
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.
Below, we take a look at Flywire (FLYW - Free Report) , which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.
It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Flywire currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.
You can see the current list of Zacks #1 Rank Stocks here >>>
Set to Beat the Market? In order to see if FLYW is a promising momentum pick, let's examine some Momentum Style elements to see if this payments company holds up.
Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.
For FLYW, shares are up 0.37% over the past week while the Zacks Internet - Software industry is up 1.79% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 17.32% compares favorably with the industry's 2.18% performance as well.
While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Flywire have increased 19.35% over the past quarter, and have gained 53.29% in the last year. On the other hand, the S&P 500 has only moved 10.24% and 29.77%, respectively.
Investors should also pay attention to FLYW's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. FLYW is currently averaging 2,510,809 shares for the last 20 days.
Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with FLYW.
Over the past two months, 8 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost FLYW's consensus estimate, increasing from $0.34 to $0.42 in the past 60 days. Looking at the next fiscal year, 8 estimates have moved upwards while there have been no downward revisions in the same time period.
Bottom LineGiven these factors, it shouldn't be surprising that FLYW is a #1 (Strong Buy) stock and boasts a Momentum Score of A. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Flywire on your short list.
Flywire (FLYW - Free Report) closed the last trading session at $15.14, gaining 4.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $19.13 indicates a 26.4% upside potential.
The average comprises 15 short-term price targets ranging from a low of $16.00 to a high of $22.00, with a standard deviation of $1.88. While the lowest estimate indicates an increase of 5.7% from the current price level, the most optimistic estimate points to a 45.3% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable.
However, an impressive consensus price target is not the only factor that indicates a potential upside in FLYW. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Why FLYW Could Witness a Solid UpsideThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current year, eight estimates have moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 20.6%.
Moreover, FLYW currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much FLYW could gain, the direction of price movement it implies does appear to be a good guide.
June 09, 2026 09:00 ET | Source: Flywire Corporation
Flywire partners with the nation's largest nonprofit scholarship administrator to modernize the billion-dollar industry of scholarship disbursements
Flywire replicates its proven 529 digital delivery model to further embed across the student financial lifecycle
BOSTON, June 09, 2026 (GLOBE NEWSWIRE) -- Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, today announced a partnership with Scholarship America, the nation's largest nonprofit scholarship administrator, to power electronic scholarship disbursements to students and institutions in the United States. Following an extensive evaluation, Scholarship America selected Flywire for its reach across nearly 1,000 U.S. higher education institutions and its proven track record digitizing 529 college savings plan disbursements - providing Scholarship America a partner with broad reach and infrastructure already in place from day one. Through the partnership, Flywire will help Scholarship America expand its digital disbursement capabilities, increasing ACH payments delivered directly to students and institutions, while reducing reliance on more than 110,000 paper checks issued annually.
Flywire’s Proven Model, Applied at New Scale
The partnership replicates Flywire’s successful 529 college savings plan disbursement model and applies automation to scholarship payments at significant scale to drive efficiency. In both cases, Flywire solves the same fundamental problem: eliminating paper checks that are slow, difficult to reconcile, and prone to delays that can block student registration and create administrative backlogs for institutions. The Flywire solution digitizes these flows end-to-end, posting disbursements directly into institutions’ student systems and giving all parties real-time visibility into the 529 payment or scholarship award status.
With 529 disbursements, Flywire demonstrated it could eliminate a multi-step, manual process and replace it with a fully digital path to payment and reconciliation. Since launching the 529 solution, Flywire has delivered more than $9 billion in electronic 529 tuition payments directly to colleges and universities, across more than 800 institutions. The Scholarship America partnership extends that proven capability to a new, high-volume funding source, with the same streamlined institutional integration at its core.
Enabling More of the Student Financial Journey
The partnership brings together two organizations with complementary strengths across the student funding lifecycle at a time when affordability remains a growing concern for students and institutions worldwide. Combining Scholarship America’s expertise in scholarship administration, donor stewardship, and student support with Flywire’s global payment infrastructure and digital disbursement capabilities, the collaboration creates a more seamless scholarship experience for donors, institutions, and students alike. Together, the organizations are working to reduce friction in the student funding process, helping scholarship dollars reach recipients more efficiently and securely while maximizing their impact on student success.
The market opportunity is substantial. Scholarship America alone has distributed more than $6 billion in scholarships to over 3.5 million students since 1958. Each year, Scholarship America administers more than 1,350 unique scholarship programs on behalf of Fortune 500 companies, federal agencies, local governments, small businesses, foundations, and individual philanthropists. In 2025 alone, the organization awarded more than 100,000 students with $337 million in scholarships. By combining Scholarship America’s scale and trusted relationships with Flywire’s digital payment capabilities, the partnership has the potential to improve the student experience, helping scholarship funds reach recipients more quickly and efficiently while strengthening support for students throughout their educational journey.
“Scholarship America is committed to eliminating every possible barrier to educational success, and that includes the administrative friction of fund distribution,” said Mike Nylund, President & CEO of Scholarship America. “In evaluating a partner to modernize our disbursement process, Flywire’s proven track record with 529 plans and their deep integration into the higher education ecosystem made them the clear choice. Providing a seamless digital experience, powered by Flywire, allows us to serve our students and institutional partners with the speed, transparency, and security they deserve.”
“Our partnership with Scholarship America represents a natural extension of our mission to solve the most complex payment challenges in higher education,” said Sharon Butler, Co-President of Global Education at Flywire. “By digitizing the manual, paper-based processes that have historically slowed down scholarship distribution, we are not only driving massive administrative efficiencies for institutions, but more importantly, we are ensuring students get the financial support they need, exactly when they need it. This further solidifies Flywire’s role as an essential component of the student financial journey.”
Better Outcomes for Every Stakeholder
The shift to electronic payments delivers meaningful improvements across the board. Students receive funds faster and directly into their institutional accounts, eliminating delays to registration and billing. Built-in tracking tools give recipients real-time visibility into payment status. Scholarship sponsors gain enhanced reporting and fewer administrative issues. And institutions benefit from reduced back-office processing.
Resources
To learn more about Flywire’s scholarship disbursement solution, visit here Flywire and Scholarship America will be hosting a webinar, Moving Beyond the Paper Check, on June 10th from 1-2 pm ET. To register live or watch the recording, sign up here. 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 more than 5,100** clients with diverse payment methods in more than 140 currencies across 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.
**Not including Flywire’s Invoiced and Sertifi acquisitions.
About Scholarship America
Scholarship America is the nation's largest nonprofit scholarship administrator, dedicated to eliminating barriers to educational success. Since 1958, Scholarship America has distributed more than $6 billion to over 3.5 million students, administering 1,350+ unique scholarship programs on behalf of Fortune 500 companies, federal agencies, foundations, and individual philanthropists. In 2025, Scholarship America awarded more than 100,000 students with $337 million in scholarships. Learn more at scholarshipamerica.org.
Forward Looking Statements
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 education business, business strategy, 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 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, which are 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.
On June 4, 2026, Edwin J Santos, Director, reported the sale of 10,466 shares of Flywire Corporation (FLYW 0.07%) common stock in an open-market transaction, according to the SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)10,466Transaction value~$154KPost-transaction shares (direct)18,082Post-transaction value (direct ownership)~$264KTransaction value based on SEC Form 4 weighted average purchase price ($14.69); post-transaction value calculated using transaction date share holdings and filing-reported position value.
Key questionsHow does this transaction compare to Santos's typical selling pattern?
The 10,466-share sale is in line with the average size of Santos's prior open-market dispositions, with each of his last three sell trades involving approximately 10,460–10,466 shares, reflecting a deliberate and consistent divestment approach.What impact does the sale have on Santos's remaining direct ownership?
After this transaction, Santos's direct holdings decreased by 36.66%, leaving him with 18,082 shares, or approximately 0.015% of the company's outstanding shares as of the latest available data.Was there any indirect or derivative activity associated with this transaction?
This filing reports exclusively on direct ownership activity; Santos has no indirect, trust, or derivative positions affected by this sale, and no options were exercised, nor were any indirect entities involved.Does the sale reflect a change in disposition strategy or capacity-driven moderation?
The size and cadence of recent sales are explained by the reduced remaining share capacity; as Santos's direct holdings have declined over time, the sale size has remained stable, indicating a methodical unwind rather than a shift in strategy.Company overviewMetricValuePrice (as of market close 2026-06-04)$14.69Market capitalization$1.69 billionRevenue (TTM)$677.69 millionNet income (TTM)$30.18 million* 1-year performance data is calculated using June 4th, 2026 as the reference date.
Company snapshotProvides a global payment processing platform and software solutions, supporting cross-border and domestic transactions for sectors including education, healthcare, travel, and B2B.Generates revenue primarily through transaction fees and value-added services, leveraging direct integrations with alternative payment methods such as Alipay, Boleto, and PayPal/Venmo.Targets institutions and organizations seeking efficient, multi-currency payment solutions, with a focus on educational institutions, healthcare providers, and global businesses.Flywire Corporation operates at scale as a specialized provider of payment technology, facilitating seamless, multi-currency transactions for institutional clients worldwide. The company’s strategy centers on deep vertical integration and broad payment method coverage, enabling clients to optimize receivables and enhance customer payment experiences. Flywire’s competitive advantage lies in its sector-specific solutions and robust global payment infrastructure.
What this transaction means for investorsEdwin Santos, Director at Flywire Corporation (FLYW), recently sold about 10,500 shares of NovoCure stock for approximately $155,000. Here are some key takeaways for investors.
First, let’s dig into Flywire’s stock performance. The company’s shares have struggled to gain traction in the market. Since 2021, Flywire stock has dropped by about 60%, resulting in a compound annual growth rate (CAGR) of -16.8%. By contrast, the benchmark S&P 500 has delivered a total return of 89%, with a CAGR of 13.5%.
Zooming in on 2026 alone, Flywire has performed slightly better, although the stock has still underperformed the market. Shares have declined by 2% year to date, while the S&P 500 is up about 9%.
Turning to fundamentals, many measures look solid. Revenue, net income, and free cash flow all appear to be trending in the right direction, with steady increases over the last five years. However, gross margins have slipped from 62% in 2021 to around 56% today as the company enters new, less profitable channels.
In summary, Flywire stock offers a mixed picture. Many fundamentals are moving in the right direction, with revenue in particular showing steady, impressive growth. However, that performance hasn’t translated to the stock price, which continues to underperform the market on both short and long-term time horizons.
Investors with an interest in Internet - Software stocks have likely encountered both Flywire (FLYW - Free Report) and Cloudflare (NET - Free Report) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.
Flywire and Cloudflare are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that FLYW has an improving earnings outlook. But this is only part of the picture for value investors.
Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
FLYW currently has a forward P/E ratio of 33.25, while NET has a forward P/E of 209.19. We also note that FLYW has a PEG ratio of 0.95. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. NET currently has a PEG ratio of 7.80.
Another notable valuation metric for FLYW is its P/B ratio of 2.01. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, NET has a P/B of 57.37.
These metrics, and several others, help FLYW earn a Value grade of B, while NET has been given a Value grade of F.
FLYW stands above NET thanks to its solid earnings outlook, and based on these valuation figures, we also feel that FLYW is the superior value option right now.
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
Flywire Corporation (FLYW - Free Report) : This payment technology company has seen the Zacks Consensus Estimate for its current year earnings increasing 23.5% over the last 60 days.
EZCORP, Inc. (EZPW - Free Report) : This pawn services company has seen the Zacks Consensus Estimate for its current year earnings increasing 11.1% over the last 60 days.
Expeditors International of Washington, Inc. (EXPD - Free Report) : This logistics services company has seen the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days.
Unisys Corporation (UIS - Free Report) : This information technology solutions company has seen the Zacks Consensus Estimate for its current year earnings increasing 21.3% over the last 60 days.
Bread Financial Holdings, Inc. (BFH - Free Report) : This fintech company has seen the Zacks Consensus Estimate for its current year earnings increasing 12.1% over the last 60 days.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
