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Cash-Rich Ultra Luxury Travelers Boost Spend, Seek Wellness in 2025, Flywire Survey Reveals
Globenewswire· 2025-03-31 12:45
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 compan ...
Flywire Corporation Investor News: If You Have Suffered Losses in Flywire Corporation (NASDAQ: FLYW) You Are Encouraged to Contact The Rosen Law Firm About Your Rights
GlobeNewswire News Room· 2025-03-26 02:40
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Flywire Corporation due to allegations of materially misleading business information [1] Group 1: Investigation Details - The investigation is prompted by claims that Flywire may have issued misleading information to the investing public [1] - Shareholders who purchased Flywire securities may be entitled to compensation through a class action without any out-of-pocket fees [2] Group 2: Stock Performance and Analyst Commentary - Following a report on February 26, 2025, Flywire's stock fell by $6.59, or 37.3%, closing at $11.05 per share after missing Q4 earnings and providing disconcerting guidance for 2025 [3] - An analyst downgraded Flywire's stock, expressing concerns over the company's top-line growth and the lack of consistency in performance [3] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and being ranked highly in the field [4] - The firm has recovered hundreds of millions of dollars for investors, with over $438 million secured in 2019 alone [4]
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Flywire Corporation Investors to Inquire About Securities Class Action Investigation - FLYW
GlobeNewswire News Room· 2025-03-22 17:10
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Flywire Corporation due to allegations of materially misleading business information [1] Group 1: Investigation and Class Action - Shareholders who purchased Flywire securities may be entitled to compensation through a class action without any out-of-pocket fees [2] - The Rosen Law Firm is preparing a class action to seek recovery of investor losses [2] Group 2: Stock Performance and Analyst Downgrade - Following a report by Seeking Alpha, Flywire's stock fell by $6.59 per share, or 37.3%, closing at $11.05 on February 26, 2025, after missing Q4 earnings and providing disconcerting guidance for 2025 [3] - The report highlighted worsening student visa trends in key markets and an analyst's downgrade, indicating a lack of confidence in Flywire's growth potential [3] Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and being ranked highly for its performance in this area [4] - The firm has recovered hundreds of millions of dollars for investors, with over $438 million secured in 2019 alone [4]
Haman Group, one of The Largest Inbound Tour Operators in Scandinavia, Selects Flywire as its Exclusive International Payments Partner
Globenewswire· 2025-03-18 13:00
Core Insights - Haman Group has selected Flywire as the exclusive international payments partner for its brands Authentic Scandinavia and Authentic Europe, aiming to enhance payment experiences for international clients [1][4] - The partnership will streamline payment processing and reconciliation by integrating Flywire with Haman Group's booking system, addressing inefficiencies from the previous legacy payments system [3][6] Company Overview - Haman Group is one of the largest inbound tour operators in Scandinavia, offering a wide range of travel services backed by over 60 years of experience [2][9] - The company operates five travel brands: Haman Scandinavia, Cities+Tours, Terra Nova Scandinavia, Authentic Scandinavia, and Authentic Europe [2][10] Payment System Improvements - The previous manual invoicing system lacked transparency, leading to unexpected fees for clients, which Flywire aims to resolve through automated and digitized payment processes [3][6] - Flywire provides flexible, localized payment options, allowing guests to pay in their local currency with competitive exchange rates and 24/7 live support [4][6] Operational Efficiency - The integration with Flywire's system allows for automatic payment reminders and streamlined reconciliation, enabling Haman Group to focus more on enhancing travel experiences [4][6] - Flywire supports over 4,500 clients with diverse payment methods in more than 140 currencies across over 240 countries, showcasing its extensive capabilities in the payments sector [8]
FLYW Investors Have Opportunity to Lead Flywire Corporation Securities Fraud Lawsuit
Prnewswire· 2025-03-14 23:29
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Flywire Corporation due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Class Action - Shareholders who purchased Flywire securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to Flywire [2]. Group 2: Stock Performance and Analyst Commentary - Following a report on February 26, 2025, Flywire's stock fell by $6.59, or 37.3%, closing at $11.05 per share after the company missed Q4 earnings and provided disconcerting guidance for 2025 [3]. - An analyst downgraded Flywire's stock, expressing concerns about the company's top-line growth and the lack of confidence in its future performance [3]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and being ranked highly for its success in this area [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].
Flywire Appoints Chief Payments Officer to Accelerate Product & Payment Innovation
Newsfilter· 2025-03-13 13:00
Core Insights - Flywire Corporation has appointed Mohit Kansal as Chief Payments Officer to enhance its payment innovation and global network coverage [1][2] - The organizational change aims to streamline payment strategy, operations, and product management to accelerate innovation and improve client services [2][3] Company Overview - Flywire is a global payments enablement and software company that combines a proprietary global payments network with vertical-specific software [4] - The company supports over 4,500 clients with diverse payment methods in more than 140 currencies across 240 countries [6] Recent Initiatives - Flywire is implementing initiatives to build new acceptance rails, increase localization efforts, and expand domestic payment capabilities globally [2] - Recent achievements include optimizing local payment experiences in Australia, the UK, and Europe, which have driven higher conversion rates [7] - The company has lowered payment processing costs through operational efficiencies and strategic partner negotiations [7] - Flywire has expanded payment capabilities in India and China, enhancing cross-border transactions [7] - The introduction of configurable, client-specific fraud monitoring controls has strengthened security without compromising payment experience [7] - The launch of a next-generation Flywire Payment API offers clients greater flexibility and seamless integration for diverse payment flows [7]
Flywire Appoints Chief Payments Officer to Accelerate Product & Payment Innovation
Globenewswire· 2025-03-13 13:00
Core Insights - Flywire Corporation has appointed Mohit Kansal as Chief Payments Officer to enhance its payment innovation and global network coverage [1][2] - The organizational change aims to streamline payment strategy, operations, and product management to accelerate innovation and improve client services [2][3] Company Overview - Flywire is a global payments enablement and software company that combines a proprietary global payments network with vertical-specific software [4] - The company supports over 4,500 clients with diverse payment methods in more than 140 currencies across 240 countries [6] Recent Initiatives - Flywire is implementing initiatives to build new acceptance rails, increase localization efforts, and expand domestic payment capabilities globally [2] - Recent achievements include optimizing local payment experiences in Australia, the UK, and Europe, which have driven higher conversion rates [7] - The company has lowered payment processing costs through operational efficiencies and strategic partner negotiations [7] - Flywire has expanded payment capabilities in India and China, enhancing cross-border transactions [7] - The introduction of configurable, client-specific fraud monitoring controls has strengthened security without compromising payment experience [7] - The launch of a next-generation Flywire Payment API offers clients greater flexibility and customization for diverse payment flows [7]
Flywire and Ascensus Deliver over $2 Billion in 529 College Saving Plan Payments as Demand for Education Affordability Increases
Newsfilter· 2025-03-10 13:00
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 en ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Flywire Corporation - FLYW
Prnewswire· 2025-03-03 17:50
NEW YORK, March 3, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Flywire Corporation ("Flywire" or the "Company") (NASDAQ: FLYW). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Flywire and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On February 25, 2025, ...
Flywire Leads FinTech IPO Index's Post Earnings 6.2% Slump
PYMNTS.com· 2025-02-28 09:00
The FinTech IPO Index was awash in a sea of red this past week, with nary a positive showing to be found. Earnings were met, by and large, with dissatisfaction, as investors sent shares down by double digits in many cases, even when results topped expectations or management’s projections. The index slid by 6.2%.Flywire Leads Declining StocksFlywire led to the downside, as shares sank nearly 42%. The firm said this week that  revenue increased 17% to $117.6 million in the fourth quarter of 2024, and the numb ...