Flywire partners with Tencent Financial to streamline global tuition payments

Flywire (FLYW) announced that it has partnered with Tencent Financial Technology, Tencent’s (TCEHY) fintech arm, to extend Weixin Pay as a payment option for Chinese students and families making education payments abroad. Through this direct partnership with Tencent, Flywire further streamlines the payment experience for students looking to make international tuition and other education-related payments from China. The partnership between Flywire and Tencent Financial Technology applies the same experience Chinese consumers are used to in their daily transactions to cross-border education payments. Through Flywire, Chinese students can pay their education institution using Weixin Pay in their own currency.