Flywire Corporation announced that it has expanded its capabilities in India to streamline and digitize student loan payments for Indian students studying abroad. As part of this broader initiative, Flywire is partnering with HDFC Credila, the largest independent student loan provider in India, to enable Indian payers to seamlessly and digitally disburse their loan payments in their local currency directly to higher education institutions all over the world. The partnership builds on Flywire’s existing success in India and helps the company capitalize on the significant market opportunity around Indian student loans, which Flywire estimates to be approximately $3+ billion in annual payment volume.
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