Company: FLYW
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027078
Chunk: 111

Company: Flywire Corp
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1A
Chunk 111
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 evolving industry that may not develop in a manner favorable to our business. This relatively short operating history makes it difficult to assess our future performance with certainty. You should consider our business and prospects in light of the risks and difficulties we may encounter. 

Our future success will depend in large part upon our ability to, among other things: 

•cost-effectively acquire new clients, retain existing clients, increase the number of our clients’ customers that use our solutions and sell additional functionality to our clients; 

•maintain and increase our market share; 

•avoid pricing pressure on our solutions which would compress our margins; 

•effectively market our solutions; 

•enhance our existing solutions and develop new solutions; 

•increase awareness of our brand and maintain our reputation; 

•develop new technologies, adapt to technology changes and evolving industry standards and to incorporate new technologies, such as artificial intelligence, into our solutions;

•offer seamless experience for our clients and their customers, including all user facing attributes ranging from the user interface to client and customer support; 

•anticipate and respond to microeconomic and macroeconomic changes; 

•expand our solutions and geographic reach, including with respect to B2B and travel payments; 

•our decision to exit certain markets, or our inability to process payments from certain jurisdiction we had previously served;

•anticipate and effectively respond to changing trends and the preferences of clients and their customers; 

•compete effectively; 

•avoid interruptions in our business from information technology (IT) downtime, an inability to manage emerging technology risks (including those posed by generative AI or other tools), cybersecurity breaches, or labor stoppages; 

•effectively manage our growth; 

•effectively identify and manage risks, including foreign currency exchange risk;

•hire, integrate, and retain talented people at all levels of our organization; 

•maintain the quality of our technology infrastructure; 

•compliance with multiple, conflicting and changing governmental laws and regulations, including with respect to employment, tax, competition, workplace and sustainability and other social matters;

•global pandemics, such as COVID-19, or other public health emergencies;

•retain our existing proprietary global network of banking and other payment partners and add new banking and other payment partners to scale our business; and 

•retain our existing technology partners that allow us to provide alternative payment methods and add new technology partners to scale our business. 

If we fail to address the risks and difficulties that we face, including those associated with the challenges listed above as well