Simovative GmbH / academyFIVE Selects Flywire as Preferred Payment Partner for Education Payments in the DACH Region
Partnership provides Flywire a strategic foothold in the DACH region (Germany, Austria, and Switzerland) and underscores Flywire's continued growth outside the "Big 4" education markets
Flywire is the only payments provider directly embedded within academyFIVE to help streamline tuition workflows and ensure compliance in one of the world's most regulated education markets
BOSTON, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Flywire Corporation (NASDAQ:FLYW) (Flywire), a global payments enablement and software company, today announced that Simovative GmbH has selected Flywire as the preferred payment provider for its academyFIVE Campus Management System (CaMS). Flywire's global education payment platform will be embedded directly within academyFIVE's Finance module, delivering a seamless, fully-integrated tuition and fee payment experience — from invoice generation through to payment reconciliation. The collaboration helps cement a stronger foothold for Flywire in the DACH region (Germany, Austria, and Switzerland), a popular and growing destination for international students.
academyFIVE is a leading Campus Management System that streamlines administrative processes by unifying admissions, academics, compliance, and student services in a single system, eliminating data silos and reducing manual work. Used by more than 70 higher education institutions, including business schools, universities of applied sciences, and medical universities, its CampusWEB student self-service interface enhances the student experience by providing easy access to automated invoicing, course registration, and financial information. For administrators and faculty, academyFIVE's comprehensive system delivers capabilities like recurring billing and a full audit trail for all billing actions, supporting data integrity and administrative efficiency.
Integrating Flywire's payments and software technology with academyFIVE's Finance module is expected to create an efficient, transparent financial ecosystem for education in the DACH region. As the only integrated payment provider within the platform, Flywire is enabling institutions using academyFIVE to offer a streamlined payment experience with hundreds of payment options for both application fees and tuition workflows, all directly within the student's self-service account. This first-mover integration allows students and families to easily make and track payments in native currencies, visible with receipts, directly within the familiar academyFIVE/CampusWEB interface, providing back-office benefits like simplified reconciliation and audit readiness.
"Integrating our payments platform with academyFIVE is instrumental in enhancing the financial experience for their institutions and students," said Simon Read, SVP of Education, EMEA. "Together, we expect to deliver true value by ensuring a seamless student payment journey—complete with in-system payment options and visible receipts—while simultaneously providing critical back-office efficiency through simplified reconciliation and robust audit readiness."
Embedded Payments for End-to-End Tuition and Fee Management
academyFIVE's Finance module manages the entire lifecycle of student billing and collections within its campus management system, connecting the end-to-end process and ensuring compliance with regional regulations and institutional workflows. With Flywire's payment capabilities embedded, academyFIVE will be able to offer institutions a modern, automated, and transparent payment experience for both staff and students. With Flywire, institutions can now offer digital, automated payment journeys that reduce administrative burdens, improve cash flow, and enhance the student experience.
Key capabilities of the Flywire integration include:
- Automated invoicing: Staff can automatically generate and issue student-specific invoices based on academic program and institutional payment schedules.
- Recurring payments: The system defines instalment plans, sends automated reminders, and streamlines the management of partial payments.
- Centralized invoice management: Staff can easily track invoice status per student and manage overdue payments.
- Student self-service: Students can view invoices, download receipts, and pay directly within the platform.
- Audit-ready workflows: The system ensures full transparency with time-stamped logs of billing actions including edits, cancellations, and payment history.
- Accounting integration: Export-ready payment data is ready for seamless reconciliation with institutional accounting systems.
"Flywire has clearly distinguished itself as the leading global payments solution in education and that aligns entirely with the high quality and value we strive to deliver to our client institutions across every aspect of our platform," said Torsten Fürbringer (Geschäftsführer / Managing Director) of Simovative. "Its global payment network ensures fast, convenient and flexible payments from anywhere in the world, while addressing country-specific regulations and preferences. It was the obvious choice."
Resources
- Learn more about academyFIVE's market-leading Campus Management System.
- Learn more about Flywire's capabilities for higher ed.
- Learn more about our AcademyFIVE integration (German)
About Simovative GmbH/academyFIVE
Simovative GmbH, founded in 2002 and based in Munich, is a German EdTech provider focused exclusively on the development of academyFIVE, a modular, web-based Campus Management System. With 20+ years of experience, Simovative serves more than 70 higher education institutions, with a focus in the private university sector. For more information, visit https://www.academyfive.com/en/simovative.
About Flywire
Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers. Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.
Flywire supports more than 4,900 clients with diverse payment methods in more than 140 currencies across 240 countries and territories around the world. Flywire is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X (formerly known as Twitter), LinkedIn and Facebook.
Safe Harbor Statement
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire's expectations regarding the benefits of its education clients and business, Flywire's business strategy and plans, market growth and trends. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, "believe," "may," "will," "potentially," "estimate," "continue," "anticipate," "intend," "could," "would," "project," "target," "plan," "expect," or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire's forward-looking statements include, among others, the factors that are described in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Flywire's Annual Report on Form 10-K for the year ended December 31, 2024, and Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, which are on file with the Securities and Exchange Commission (SEC) and available on the SEC's website at https://www.sec.gov/. Additional factors may be described in those sections of Flywire's Annual Report on Form 10-K for the year ended December 31, 2025, expected to be filed with the SEC in the first quarter of 2026. The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
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