Flywire Corporation Securities Lawsuit Investigation

Shamis & Gentile P.A., one of the nation's premier class action law firms specializing in securities fraud cases, is investigating potential claims against Flywire Corporation (NASDAQ: FLYW).

If you purchased or held Flywire Corporation securities between February 28, 2024 and February 25, 2025, you may be eligible to join this class action lawsuit as a lead plaintiff and seek compensation for your losses.

About Flywire Corporation

Flywire Corporation is a global payments enablement and software company headquartered in Boston, Massachusetts. Founded in 2011, Flywire focuses on delivering complex payment solutions for clients and their customers across more than 4,000 organizations worldwide.

Flywire’s business is heavily embedded in vertical markets such as education, healthcare, travel, and key B2B industries. The company supports payments in over 140 currencies across 240 countries and territories. Flywire integrates with leading ERP systems, including NetSuite, to help organizations streamline payment experiences and reduce operational challenges.

The Allegations

The class action lawsuit alleges that Flywire and certain executives violated federal securities laws by making materially false and misleading statements to investors throughout the class period of February 28, 2024 to February 25, 2025.

The complaint claims that Flywire:

• Overstated the strength and sustainability of its revenue growth.
• Understated the negative impact that visa and permit-related restrictions were having, and would likely have, on its business, especially in key international education markets like Canada and Australia.
• Failed to accurately disclose the risk and impact of policy changes affecting international student enrollment and payment volumes.

It's alleged that truth emerged on February 25, 2025, when Flywire reported disappointing fourth quarter and full-year 2024 financial results. The company missed revenue and earnings expectations, lowered its 2025 guidance, and revealed that revenues in both Canadian and Australian markets were expected to decline over 30% year-over-year due to recent policy changes and new visa rules. The company also disclosed headwinds in the U.S. market related to similar trends.

Following these announcements, Flywire’s stock price fell sharply, dropping by $6.59 per share, or 37.36%, to close at $11.05 on February 26, 2025. Multiple analysts downgraded the stock, citing the unexpected magnitude of the revenue decline and the contrast with prior optimistic statements from management.

Important Dates

• Class period: February 28, 2024 to February 25, 2025
• Lead plaintiff deadline: September 23, 2025
• Complaint filed: July 25, 2025

If you purchased or acquired Flywire securities during the class period, these dates are critical for preserving your legal rights.

Your Rights and Next Steps

As an investor who purchased Flywire Corporation securities between February 28, 2024 and February 25, 2025, you may have the right to participate in this class action lawsuit. If you suffered losses following the stock drop and believe you were misled by the company’s statements, you could be eligible to recover compensation.

You are not required to take any action to remain a potential class member. However, if you wish to serve as the lead plaintiff, meaning you would represent the class and help direct the litigation, you must file a motion with the court no later than September 23, 2025. Lead plaintiffs are typically investors with the largest financial interest in the case and who are willing to actively participate.

Lawyers are ready to help answer your questions about the process, your eligibility, and what steps to take next. Most cases are handled on a contingency basis, meaning you do not pay out-of-pocket legal fees.

You May Be Entitled to Compensation

If you purchased Flywire Corporation securities during the class period and experienced financial losses, you may be entitled to compensation as part of this lawsuit. To find out if you qualify and to take the next step, complete the below form.

Lawyers are ready to help guide you through the process and protect your rights.