WEX

Higher B2B Payments Volumes, More SaaS Accounts Boost WEX Despite Overall Lower 3Q
Higher B2B Payments Volumes, More SaaS Accounts Boost WEX Despite Overall Lower 3Q
October 29, 2020  |  Earnings

FinTech WEX lost $57.7 million, or $1.49 a share, on revenue of $382.1 million for the three months ended Sept. 30, compared with posting a...

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WEX Adds Alexa Capabilities To ClearView Snap To Further Help Fleet Managers
WEX Adds Alexa Capabilities To ClearView Snap To Further Help Fleet Managers
August 13, 2020  |  B2B Payments

FinTech service provider WEX has introduced a new ClearView Snap capability with Amazon Alexa to help fleet managers look at insights and improve decision making...

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Onyx CenterSource, WEX Team On Virtual Travel Payments
Onyx CenterSource, WEX Team On Virtual Travel Payments
July 14, 2020  |  B2B Payments

Onyx CenterSource, which provides digital B2B payments for the hospitality industry, has teamed with financial tech services provider WEX to help make payments easier for...

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B2B FinTechs Show Signs Of Mid-Year Venture Capital Lull
B2B FinTechs Show Signs Of Mid-Year Venture Capital Lull
July 03, 2020  |  B2B Payments

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B...

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WEX Gets $400M From Warburg Pincus To Boost Operations
WEX Gets $400M From Warburg Pincus To Boost Operations
June 29, 2020  |  B2B Payments

WEX has reported a $400 million investment from a partner of Warburg Pincus, which the financial services tech firm will use to continue operations amid...

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New WEX EDGE Business Savings Network To Boost Small Fleets
New WEX EDGE Business Savings Network To Boost Small Fleets
May 11, 2020  |  B2B Payments

WEX, which works in finances for companies in industries like fleet, travel and healthcare, has a new business savings network called WEX EDGE to help...

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WEX Tries To Back Out Of Optal, eNett Deal Due To Pandemic
WEX Tries To Back Out Of Optal, eNett Deal Due To Pandemic
May 07, 2020  |  B2B Payments

After inking a definitive agreement in January to acquire B2B optimization firm Optal and B2B travel payments company eNett, WEX Inc. said in its Q1...

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SMBs Find Cash Flow Support In Cards
SMBs Find Cash Flow Support In Cards
April 15, 2020  |  B2B Payments

While small- to medium-sized businesses (SMBs) continue to hustle to secure portions of various federal coronavirus relief funding, the commercial card industry is finding itself...

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WEX Reorganizes With New Team For B2B Payments
WEX Reorganizes With New Team For B2B Payments
April 13, 2020  |  Personnel

Payments FinTech WEX is introducing a new corporate payment solutions team as it moves to reorganize its business, the company said in a statement on...

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