Strong Client Acquisition
Flywire signed 200 new clients in the first quarter of 2025, indicating strong demand for its solutions despite a challenging macroeconomic environment.
Resilient Business Model
Flywire continues to demonstrate resilience with low client churn rates and a strong pipeline, emphasizing the effectiveness of its software-driven payments platform.
Expansion in International Education
Flywire is capitalizing on growth in non-traditional education markets like Germany, France, Japan, and Singapore, with new client acquisitions in these regions.
Travel Segment Growth
The travel vertical showed strong customer acquisition and revenue growth, with notable new clients and cross-selling opportunities with recent acquisitions like Sertifi.
Revenue and EBITDA Growth
Revenue less ancillary services was $128.7 million in Q1, representing a 16.8% year-over-year growth rate. Adjusted EBITDA grew to $21.6 million, up 56% compared to Q1 2024.
U.K. Market Leadership
The U.K. is now Flywire's largest market in education, with strong growth driven by new products like SFS and StudyLink.