Flywire Corporation operates a payment enablement platform designed for vertical-specific industries. The company provides software solutions that integrate payment processing into existing enterprise applications and workflows, offering features including tailored invoicing, settlement and reconciliation capabilities, single sign-on functionality, recurring payment processing, and split payout management. The platform connects to an extensive payment network encompassing banks, third-party payment providers, payment networks, and digital wallets, with direct integrations to alternative payment methods such as Alipay, Boleto, PayPal/Venmo, and Trustly.
The company serves four primary verticals: education, healthcare, travel, and business-to-business markets. For each sector, Flywire provides vertical-specific digital workflows alongside integration and synchronization capabilities with core and industry-specific systems. The platform delivers real-time data access and predictive analytics functionality tailored to customer needs.
Flywire was incorporated in Delaware in 2009 under the name peerTransfer Corporation, rebranding to Flywire Corporation in December 2016. The company maintains headquarters in Boston, Massachusetts, with international operations. As a publicly traded entity on the Nasdaq exchange, Flywire operates within the software infrastructure segment of the technology sector.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $0.11 | $0.11 | +450.0% | |
| 2024 | $0.02 | $0.02 | +128.6% | |
| 2023 | $-0.07 | $-0.07 | +80.6% | |
| 2022 | $-0.36 | $-0.36 | +7.7% | |
| 2021 | — | $-0.39 | — |