NASDAQ Framework: Flywire Corporation Voting
Payments enablement and software company 1.
1: Flywire Corporation, together with its subsidiaries, operates as a payments enablement and software company in the United States and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company's platform facilitates payment flows across multiple currencies, payment types, and payment options, as well as provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly. It serves education, healthcare, travel, and business to business organizations. The company was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. Flywire Corporation was incorporated in 2009 and is headquartered in Boston, Massachusetts. View Source
Flywire Corporation, together with its subsidiaries, operates as a payments enablement and software company in the United States and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company's platform facilitates payment flows across multiple currencies, payment types, and payment options, as well as provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly. It serves education, healthcare, travel, and business-to-business organizations. The company was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. Flywire Corporation was incorporated in 2009 and is headquartered in Boston, Massachusetts 2.
2: Flywire Corporation, together with its subsidiaries, operates as a payments enablement and software company in the United States and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company's platform facilitates payment flows across multiple currencies, payment types, and payment options, as well as provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly. It serves education, healthcare, travel, and business to business organizations. The company was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. Flywire Corporation was incorporated in 2009 and is headquartered in Boston, Massachusetts. View Source
UNKNOWN
The available information does not specify whether Flywire Corporation is still led by its founders or if the founders are heavily involved in the company's current operations.
The available information does not specify whether Flywire Corporation is still led by its founders or if the founders are heavily involved in the company's current operations.
MEDIUM RISK
Flywire Corporation's financial situation can be considered medium risk due to several factors. The company's stock has experienced significant volatility, with a one-month return of -11.24% and a loss of 51.94% of its value over the last 52 weeks 3. Additionally, there has been insider selling, with key executives like the CEO, President, and CTO selling shares recently 4. While the company has a solid market capitalization of $1.903 billion and operates in a growing sector, the insider selling and recent stock performance indicate potential concerns that warrant a medium risk assessment.
Flywire Corporation's financial situation can be considered medium risk due to several factors. The company's stock has experienced significant volatility, with a one-month return of -11.24% and a loss of 51.94% of its value over the last 52 weeks 3. Additionally, there has been insider selling, with key executives like the CEO, President, and CTO selling shares recently 4. While the company has a solid market capitalization of $1.903 billion and operates in a growing sector, the insider selling and recent stock performance indicate potential concerns that warrant a medium risk assessment.
3: TimesSquare Capital U.S. Small Cap Growth Strategy highlighted stocks like Flywire Corporation (NASDAQ:FLYW), in the first quarter 2024 investor letter. Flywire Corporation (NASDAQ:FLYW) is a payments enablement and software company. The one-month return of Flywire Corporation (NASDAQ:FLYW) was -11.24%, and its shares lost 51.94% of their value over the last 52 weeks. On June 18, 2024, Flywire Corporation (NASDAQ:FLYW) stock closed at $15.39 per share with a market capitalization of $1.903 billion. View Source4: Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 5.63 percent of Flywire Corp shares are owned by insiders, and 93.37 percent are held by financial institutions. Massaro Michael, the Chief Executive Officer at Flywire Corp (FLYW) has sold 7,631 shares of firm on Jun 05 ’24 at a price of $16.69 against the total amount of $0.13 million. In another inside trade, Orgel Rob, President and COO of Flywire Corp (NASDAQ:FLYW) sold 3,815 shares of the firm on Jun 05 ’24 for a total worth of $63676.0 at a price of $16.69. An inside trade which took place on Jun 05 ’24, Chief Technology Officer of Flywire Corp King David R. sold 3,496 shares of firm against total price of $58352.0 at the cost of $16.69 per share. View Source
NO
There is no evidence provided that indicates Flywire Corporation is launching any new product offerings.
There is no evidence provided that indicates Flywire Corporation is launching any new product offerings.
Flywire Corporation's expansion strategy for 2024 through 2026 focuses on enhancing its payments enablement and software capabilities across various sectors, including education, healthcare, travel, and business-to-business organizations. The company aims to optimize payment experiences by integrating with enterprise resource planning (ERP) systems like NetSuite, thereby improving efficiency and cash flow for clients. Additionally, Flywire plans to leverage its platform to facilitate payment flows across multiple currencies and payment types, while also providing direct connections to alternative payment methods such as Alipay, Boleto, PayPal/Venmo, and Trustly 56.
5: Flywire Corporation, together with its subsidiaries, operates as a payments enablement and software company in the United States and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company's platform facilitates payment flows across multiple currencies, payment types, and payment options, as well as provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly. It serves education, healthcare, travel, and business to business organizations. The company was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. Flywire Corporation was incorporated in 2009 and is headquartered in Boston, Massachusetts. View Source6: Flywire Corp. is a payments enablement and software company. The firm engages in providing vertical-specific software and payments technology to embed within the existing accounts receivable (AR) workflows for clients across the education, healthcare, travel vertical markets, and business-to-business (B2B) industries. It also integrates with enterprise resource planning (ERP) systems, such as NetSuite, which allows organizations to optimize the payment experience of customers. The company was founded by Marcaide Marchite Iker in July 2009 and is headquartered in Boston, MA. View Source