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Flywire survey: Luxury travelers planning to spend more on vacations and take longer trips compared to last year

Retrieved on:

Tuesday, March 26, 2024

Fly wire, Millennials, Annual report, SVP, GM, Generation Z, AI, Tourism

BOSTON, March 26, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, has released its third annual report on luxury travelers' preferences, finding 90% of their vacations will be longer than ones they took a few years ago. 87% of the same group also plan to spend more on travel in 2024 than they did last year; this number jumps to 95% when looking specifically at Gen Z and Millennials.

Key Points:

Flywire’s annual luxury travel report surveyed approximately 675 luxury travelers in the U.S. to understand how their preferences and plans could impact the travel industry in 2024.
The report explores topics around AI in travel, sustainability, hybrid work’s influence on luxury vacations, payment security and more.
Overall, these trends are positive indicators for travel providers who cater to the luxury market.”
Even in the age of AI, luxury travelers prefer working with people.
In most instances, they still want to use a travel agent or advisor to help plan their trips.

Flywire to Announce Fourth Quarter and Full Year 2023 Results on February 27, 2024

Retrieved on:

Tuesday, January 30, 2024

CFO, Fly wire, Cryptocurrency

BOSTON, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced that its fourth quarter and full year 2023 financial results will be released after market close on Tuesday, February 27, 2024.

Key Points:

BOSTON, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced that its fourth quarter and full year 2023 financial results will be released after market close on Tuesday, February 27, 2024.
Flywire will host a conference call to discuss its fourth quarter and full year 2023 financial results at 5:00pm ET the same day.
Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, Mike Ellis, CFO, and Akil Hollis, Head of Investor Relations.
The conference call will be webcast live from Flywire’s investor relations website at https://ir.flywire.com/ .

Flywire Reports Third Quarter 2023 Financial Results

Retrieved on:

Tuesday, November 7, 2023

Adjustment, Adjusted gross income, Vii, Tax, EBITDA, GAAP, Harbor, Acquisition, Printing, Bank statement, Marketing, Webcast, CFO, Depreciation, Insurance, Bookkeeping, Cryptocurrency, Bank, Fly wire

BOSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (“Flywire” or the “Company”) a global payments enablement and software company, today reported financial results for its third quarter ended September 30, 2023.

Key Points:

The Company will host a conference call to discuss third quarter 2023 financial results today at 5:00 pm ET.
Flywire uses non-GAAP financial measures to supplement financial information presented on a GAAP basis.
Flywire uses supplemental measures of its performance which are derived from its consolidated financial information, but which are not presented in its consolidated financial statements prepared in accordance with GAAP.
Flywire encourages you to review these reconciliations in conjunction with the presentation of the non-GAAP financial measures for each of the periods presented.

Flywire Acquires StudyLink to Accelerate Expansion in the Australian Higher Education Market

Retrieved on:

Tuesday, November 7, 2023

Adjustment, Education, Government, Acquisition, Software, Ministry of Social Development (New Zealand), Growth, University, Student, Ecosystem, Letter, Navitas, Online shopping, Tutoring, Fly wire

BOSTON and ADELAIDE, Australia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW) a global payments enablement and software company, announced that it has acquired StudyLink, an innovative provider of international student admissions, application and agent management software serving universities throughout Australia. The acquisition is expected to build on Flywire’s existing education payments business by enhancing the value it provides to its global client, agent and payer base, and is expected to further accelerate its market share in the Australian education sector. Flywire intends to expand upon StudyLink's existing and successful track record of providing top-tier solutions in Australia, where Flywire estimates that there are more than 600,000 higher education international students, with 75% of them being placed through education agents.

Key Points:

Flywire intends to expand upon StudyLink's existing and successful track record of providing top-tier solutions in Australia, where Flywire estimates that there are more than 600,000 higher education international students, with 75% of them being placed through education agents.
StudyLink provides an innovative, cloud-based interface for universities and education agents to structure, streamline and integrate international applications and enrollments into their admissions process.
This expanded relationship, together with StudyLink’s extensive roster of leading education clients and network of 20,000 agents, present meaningful growth opportunities for Flywire.
This acquisition reinforces Flywire’s commitment to powering the higher education ecosystem, which Flywire estimates to be approximately $660 billion in global payment volume and an opportunity for Flywire to accelerate Studylink’s growth internationally.

Flywire to Announce Third Quarter 2023 Results on November 7, 2023

Retrieved on:

Thursday, October 19, 2023

CFO, Fly wire, Cryptocurrency

BOSTON, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced that its third quarter 2023 financial results will be released after market close on Tuesday, November 7, 2023.

Key Points:

BOSTON, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced that its third quarter 2023 financial results will be released after market close on Tuesday, November 7, 2023.
Flywire will host a conference call to discuss its third quarter 2023 financial results at 5:00pm ET the same day.
Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, and Mike Ellis, CFO.
The conference call will be webcast live from Flywire’s investor relations website at https://ir.flywire.com/ .

FranConnect Appoints Austen Asadorian as Chief Revenue Officer

Retrieved on:

Wednesday, September 27, 2023

Senior, Marketing, CFOS, Organization, Acquisition, Collection, Peloton, Houston's Restaurant, Growth, Austen (surname), Management, Video game, Fly wire, Partnership

HERNDON, Va., Sept. 27, 2023 /PRNewswire/ -- FranConnect, the leading provider of sales, operations, and marketing technology to franchises and multi-location businesses, announces the appointment of Austen Asadorian to its executive leadership team as Chief Revenue Officer. Asadorian will oversee FranConnect's global go-to-market and revenue organization, including new customer acquisition, customer expansion, new market development, pre-sales consulting, and revenue operations, bolstering FranConnect's continued year-over-year growth.

Key Points:

HERNDON, Va., Sept. 27, 2023 /PRNewswire/ -- FranConnect , the leading provider of sales, operations, and marketing technology to franchises and multi-location businesses, announces the appointment of Austen Asadorian to its executive leadership team as Chief Revenue Officer.
Asadorian will oversee FranConnect's global go-to-market and revenue organization, including new customer acquisition, customer expansion, new market development, pre-sales consulting, and revenue operations, bolstering FranConnect's continued year-over-year growth.
FranConnect announces the appointment of Austen Asadorian to its executive leadership team as Chief Revenue Officer.
"I am thrilled to take on the role of Chief Revenue Officer at FranConnect, an industry-leading company that has already achieved remarkable success," said Asadorian.

Flywire Global Education Survey: Payments Are a Path to Better Student Outcomes

Retrieved on:

Tuesday, September 26, 2023

Flywire’s research reveals that by improving the overall payment experience, institutions can capitalize on this high demand for global education and create more positive student outcomes.

Key Points:

Flywire’s research reveals that by improving the overall payment experience, institutions can capitalize on this high demand for global education and create more positive student outcomes.
Importantly, education agents have a significant role to play in education and payment-related decisions for international students.
80% of students say the option to pay for their education in installments would help them better afford their education expenses.
Visit Flywire at Booth G03
To learn more about Flywire’s solution for global education payments visit: Flywire.com/education

Flywire appoints Gretchen Howard to its Board of Directors

Retrieved on:

Wednesday, September 20, 2023

YMCA, IPO, Investment, Fidelity Investments, AllTrails, Fly wire, Partner, Trustee, Harvard Business School, Growth, Safety, CapitalG, Williams College, Compensated emancipation, Software, Management

BOSTON, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, today is announcing the appointment of Gretchen Howard to its Board of Directors, effective immediately.

Key Points:

BOSTON, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, today is announcing the appointment of Gretchen Howard to its Board of Directors, effective immediately.
Ms. Howard will also serve as a member of the Compensation Committee of the Flywire Board.
Ms. Howard brings extensive experience in software, payments and public market operations to Flywire’s Board of Directors.
Ms. Howard is on the Board of Directors of AllTrails, a mobile app connecting people to the outdoors.

Atlas Health and Myndshft Partner to Remove Administrative Barriers to Affordable Healthcare

Retrieved on:

Thursday, September 7, 2023

Atlas, Health, Health equity, Patient, Partnership, Prescription, Fly wire, Automation, Physician, Pharmaceutical industry, Nursing

SEATTLE, Sept. 7, 2023 /PRNewswire/ -- Atlas Health, a market leader in philanthropic aid automation to improve access, affordability, outcomes and health equity for vulnerable populations, today announced its partnership with Myndshft, a prior authorization software platform that enables value-based healthcare. Together, Atlas Health and Myndshft will optimize prior authorization, benefits verification and patient assistance workflows for health systems and patients, providing increased access to affordable treatment.

Key Points:

Together, Atlas Health and Myndshft will optimize prior authorization, benefits verification and patient assistance workflows for health systems and patients, providing increased access to affordable treatment.
"Our goal at Atlas Health has always been to get affordable healthcare to as many patients and as quickly as possible.
"Myndshft began with the goal of removing barriers to care, starting with administrative bottlenecks that consume time that should be allocated to providing care," said Myndshft CEO Ron Wince.
Atlas and Myndshft working together becomes a force for freeing up financial resources that help patients achieve better health outcomes."

Boston Globe Media Convenes Foremost Thought Leaders and Industry Trailblazers at Third Annual 'Globe Summit: Today's Innovators. Tomorrow's Leaders.'

Retrieved on:

Wednesday, August 30, 2023

BOSTON, Aug. 30, 2023 /PRNewswire/ -- Boston Globe Media presents the third annual Globe Summit: Today's Innovators. Tomorrow's Leaders., a three-day conference bringing together the companies creating breakthroughs today and the people who will drive our industries forward tomorrow. Featuring a dynamic and distinguished roster of innovators, leaders, and industry trailblazers, the award-winning conference will host live, interactive and virtual events each day, September 19 through 21. Registration is free and open now at globe.com/summit.

Key Points:

, a three-day conference bringing together the companies creating breakthroughs today and the people who will drive our industries forward tomorrow.
Featuring a dynamic and distinguished roster of innovators, leaders, and industry trailblazers, the award-winning conference will host live, interactive and virtual events each day, September 19 through 21.
Keynote speakers, together with Globe journalists, will discuss important issues that Boston and the world are facing today — innovation & technology, business, climate change & sustainability, AI, health and lifestyle.
Globe Summit partners include supporting sponsors CIC Innovation Campus, Cross Insurance, Flywire, Mass General Brigham, The Nellie Mae Education Foundation, and PNC Bank, as well as media partner WBUR CitySpace.