Flywire (FLYW) Is Up 5.2% After Earnings Beat And TenPay Deal Expansion Has The Bull Case Changed?

• In early January 2026, payments software company Flywire reported third-quarter 2025 earnings that exceeded analyst expectations and highlighted an expanded partnership with TenPay Global to support Weixin Pay tuition transactions for Chinese students in South Korea and Malaysia.
• Investor interest was further reinforced by a US$3.2 million Flywire share purchase by Voss Capital and related entities on December 30 and 31, 2025, signaling confidence in the company’s execution and international payments expansion.
• We’ll now examine how Flywire’s earnings surprise and TenPay Global expansion may influence the company’s investment narrative and long-term thesis.

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Flywire Investment Narrative Recap

To own Flywire, you need to believe in its ability to deepen its position in cross border payments across education and adjacent verticals while managing regulatory, margin, and competitive pressures. The latest earnings beat and TenPay Global expansion modestly support the near term catalyst of higher transaction volumes, but they do not remove the key risk of policy and visa related headwinds in major education markets.

The TenPay Global partnership update is especially relevant here, because it widens Flywire’s reach into Chinese student tuition flows in South Korea and Malaysia, directly tied to education related payment volumes. This supports the core thesis that Flywire can grow by embedding local payment options into international education corridors, even as macro and regulatory issues continue to cloud visibility in other key destinations.

Yet while growth in new corridors is encouraging, investors should still be aware of how tightening visa regimes and policy shifts in major study destinations could…

Read the full narrative on Flywire (it’s free!)

Flywire’s narrative projects $817.0 million revenue and $102.1 million earnings by 2028. This requires 14.8% yearly revenue growth and a $95.3 million earnings increase from $6.8 million today.

Uncover how Flywire’s forecasts yield a $16.59 fair value, a 13% upside to its current price.

Exploring Other Perspectives

Three fair value estimates from the Simply Wall St Community span a wide range, from about US$14.19 up to US$66.49, showing how differently people view Flywire’s prospects. When you weigh those opinions against the ongoing risk that regulatory and visa changes can affect core education payment volumes, it becomes even more important to compare multiple viewpoints before forming your own view on the company.

Explore 3 other fair value estimates on Flywire – why the stock might be worth over 4x more than the current price!

Build Your Own Flywire Narrative

Disagree with existing narratives? Create your own in under 3 minutes – extraordinary investment returns rarely come from following the herd.

• A great starting point for your Flywire research is our analysis highlighting 1 key reward that could impact your investment decision.
• Our free Flywire research report provides a comprehensive fundamental analysis summarized in a single visual – the Snowflake – making it easy to evaluate Flywire’s overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

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