Flywire enhances payment integration with Ellucian Ethos

BOSTON and ORLANDO, Fla. - Flywire Corporation (NASDAQ:FLYW), a global payments enablement and software firm generating $492 million in annual revenue with 22% year-over-year growth, announced today its expanded integration with Ellucian Ethos, aiming to streamline payment processes for higher education institutions. According to InvestingPro analysis, the company appears undervalued at current levels, with strong liquidity metrics and positive growth expectations. The integration allows institutions to quickly implement Flywire's solutions across any Ellucian instance, including Banner and Colleague SaaS.

George Mason University has successfully deployed Flywire's Collection Management software through this integration, providing students with single sign-on access and automating the past-due collection process. This has resulted in more prompt student engagement, flexible payment plans, and improved cash flow.

Oxford Brookes University is set to be the first U.K. institution to use Flywire's integration for international payments, marking Flywire as the inaugural Ethos integration in the United Kingdom.

Flywire's integration with Ellucian's software, which serves over 2,900 higher education institutions globally, has been recognized with an Ellucian Partner of the Year award for Integration Excellence. This partnership has been instrumental in offering more flexible payment options and enhancing the student experience while reducing administrative complexity.

The integrations provide a variety of benefits, including a secure digital payment experience, real-time updates on payments and payment plans, automated reconciliation, and consolidated payment options. These features are designed to optimize the student financial experience and streamline backend financial processes. The company's strong financial position is reflected in its healthy current ratio of 2.63, indicating robust ability to meet short-term obligations. For deeper insights into Flywire's financial health and growth potential, InvestingPro subscribers have access to over 30 additional key metrics and exclusive analysis.

David King, Chief Technology Officer at Flywire, emphasized the significance of embedding intuitive payment capabilities into Ellucian's workflows. Zach Tussing, Director of Partnerships at Ellucian, also highlighted the improved customer experience resulting from the collaborative efforts.

This announcement is based on a press release statement and contains forward-looking statements regarding the anticipated benefits for Flywire's education clients and business strategy. The actual results may vary due to risks and uncertainties. Investors seeking comprehensive analysis can access Flywire's detailed Pro Research Report, available exclusively on InvestingPro, which includes expert insights, valuation metrics, and growth projections among the 1,400+ US equities covered by the platform.

In other recent news, Flywire Corporation has seen significant developments affecting its financial outlook and market position. Goldman Sachs downgraded Flywire's stock rating to Neutral from Buy, setting a new price target of $15. This decision followed Flywire's fourth-quarter earnings report and 2025 guidance, which did not meet market expectations. Similarly, Raymond James downgraded the stock from 'Strong Buy' to 'Outperform' and reduced the price target to $17, citing a 5% miss on the top line and a conservative revenue growth forecast for 2025. JPMorgan also revised its price target for Flywire to $16 while maintaining a Neutral rating, highlighting challenges in the education sector and a strategic review of Flywire's portfolio.

BTIG joined the trend by downgrading Flywire to Neutral, pointing to severe headwinds in Canada and Australia and concerning trends in U.S. student visa applications. Despite these challenges, Flywire is taking steps to align its operations with current market conditions, including a 10% reduction in workforce and strategic acquisitions such as Sertifi to bolster its travel segment. The company's recent appointment of Mohit Kansal as Chief Payments Officer aims to drive its payment strategy forward amidst these changes. These developments reflect a period of adjustment for Flywire as it navigates external challenges and seeks to stabilize its growth trajectory.

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