Revenue Growth in 2024
Flywire grew its revenue less ancillary services by 24% in 2024 and increased adjusted EBITDA margins by 540 basis points.
New Client Acquisitions
The company signed over 800 new clients in 2024, surpassing the 2023 new client additions, bringing the total to approximately 4,500 clients globally.
Travel Vertical Growth
The travel vertical became the second largest in terms of revenue, growing organically over 50% in 2024.
Strategic Acquisition of Sertifi
Flywire announced the acquisition of Sertifi, enhancing their travel vertical and providing access to over 20,000 hotel locations globally.
Healthcare and B2B Segments
Secured a significant relationship in the healthcare vertical and a partnership with Cvent in the B2B segment, indicating strategic growth in these areas.