Flywire Corporation Sees 24.2% Increase in Q3 2024 Payment Volume

authorIntellectia.AI2024-11-08
2
FLYW.O
Illustration by Intellectia.AI

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.

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