Record-Breaking ARR in Education
Flywire set a new record in quarterly projected ARR signed in the education sector, driven by strategic deals and growing demand for integrated education solutions.
Sertifi Integration Success
Sertifi contributed $12 million in Q2, adding approximately 12 points of growth. It grew above 35% year-over-year with payments revenue being the main driver.
Strong Global Education Expansion
Flywire is expanding rapidly in markets outside the big 4 English-speaking countries, with significant growth in regions like Singapore, Spain, and Mexico. Revenue from these regions is growing well above the company average.
Travel Vertical Growth
The travel vertical has become Flywire's second-largest business, with strong client wins and continued expansion, including a marquee deal with Caesars Resorts.
Efficient Cost Management
Adjusted EBITDA reached almost $17 million for the quarter, with a margin expansion of 723 basis points year-over-year, driven by lower personnel costs and disciplined operational expenditure.