Flywire is expanding support for open banking payments in the U.S. and Canada. The expansion, done in partnership with Trustly, is designed to let payers authorize secure, large domestic and cross-border payments from their bank accounts and in their local currency, the payments enablement company said in a Wednesday (Aug. 12) news release.
Flywire (FLYW) is executing a multi-vertical global payments and SaaS strategy, with strong operating leverage and sub-1% enterprise churn underpinning durable growth. FLYW's stock trades at ~3x forward EV/Revenue, a material discount to peers, despite 24%+ growth, expanding margins, and two consecutive guidance raises in 2026. Management guides to over $50M GAAP net income in 2026 (4x 2025), supported by continued buybacks and robust cash generation.
Flywire Corporation is rated Buy, with improving fundamentals and a 2027 adjusted EPS target of $1.32 supporting a $26 price target. FLYW's gross margin decline is attributed to business mix, not pricing pressure, while EBITDA margin is expanding and operating leverage is visible. Management maintains a $1 billion revenue and 30% margin target despite sector headwinds, with robust liquidity and minimal debt reducing downside risk.
| Software Industry | Information Technology Sector | Michael Massaro CEO | XFRA Exchange | US3024921039 ISIN |
| US Country | 1,500 Employees | - Last Dividend | - Last Split | 26 May 2021 IPO Date |
Flywire Corporation, initially founded as peerTransfer Corporation, has evolved into a global payments enablement and software giant since its establishment in 2009. Headquartered in Boston, Massachusetts, the company has expanded its operations on an international scale, offering solutions that streamline the payment process for various sectors including education, healthcare, travel, and business-to-business organizations. With its rebranding to Flywire Corporation in December 2016, the company has reinforced its commitment to providing a seamless payment platform that supports an array of currencies, payment methods, and options tailored to meet the needs of its diverse clientele across the globe.