Company: FLYW
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0000950170-25-065606
Chunk: 10

Company: Flywire Corp
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 3
Chunk 10
---
We have operations both within the United States and globally, and we are exposed to market risks in the ordinary course of our business, including foreign currency fluctuations and the effects of interest rate changes. Information relating to quantitative and qualitative disclosures about these market risks is described below.

Interest Rate Risk 

We are exposed to interest rate risk relating to our cash and cash equivalents and available-for-sale debt securities. We hold cash in both non-interest and interest-bearing bank accounts. Our corporate investment portfolio consists primarily of money market funds, which are AAA-rated and comprised of liquid, high quality debt securities issued by the U.S. government, and investments in available-for-sale corporate bonds, U.S. government obligations, treasury bill, foreign agency securities, commercial paper, agency bond and asset-backed debt securities. An immediate 10% increase