WEX

WEX’s Dearborn Says B2B Payments Has Reached Tipping Point

WEX’s Dearborn Says B2B Payments Has Reached Tipping Point
WEX’s Dearborn Says B2B Payments Has Reached Tipping Point
November 09, 2020  |  B2B Payments

When it comes to the scope of changes that businesses have implemented in the past seven months of COVID-era adaptation, characterizing the digital shift as...

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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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