Flywire Corporation Sees 24.2% Increase in Q3 2024 Payment Volume

Flywire Corporation reported a significant increase in its Total Payment Volume (TPV) for the third quarter of 2024, reaching $11.0 billion, a 24.2% rise from $8.9 billion in the same quarter of the previous year. Additionally, the company's Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) rose to $42.2 million, compared to $27.5 million in the third quarter of 2023.