Flywire shares surge 11.72% after-hours after academyFIVE selects it as preferred payment provider in DACH region.

Flywire surged 11.72% in after-hours trading following the announcement that Simovative GmbH selected its payment platform for integration with academyFIVE’s Campus Management System. The partnership grants Flywire a strategic foothold in the DACH region (Germany, Austria, and Switzerland), expanding its presence in a highly regulated education market. By embedding its global payments technology into academyFIVE’s Finance module, Flywire enables institutions to streamline tuition and fee payments, reduce administrative burdens, and improve cash flow. The collaboration underscores Flywire’s growth beyond the “Big 4” education markets and aligns with its strategy to deepen vertical integration in education software. The after-hours rally reflects investor optimism over the deal’s potential to enhance Flywire’s market share in international education payments.