WEX

4 results about this entity

Period: 24 Jan 2020 - 27 Oct 2023

News Company updates Finextra TV Research Long reads Events

Company announcement/cloud

WEX to buy Payzer

WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced the signing of a definitive agreement to acquire Payzer, a high-growth, cloud-based, field service management software provider.

27 October 2023

Company announcement/people

WEX makes senior appointments

WEX (NYSE: WEX), a leading financial technology service provider, today announced two new additions to its global executive leadership team: Karen Stroup as Chief Digital Officer, and Carlos Carriedo as Chief Operating Officer, International, overseeing WEX’s operations in Europe, the Middle East and Africa (EMEA) and Asia Pacific (APAC).

22 December 2021

Company announcement/payments

WEX scores investment

WEX Inc. (NYSE:WEX), a leading financial technology service provider, announced today it has agreed to a $400 million dollar investment from an affiliate of Warburg Pincus LLC (together with its affiliate, “Warburg Pincus”) which includes convertible notes in an aggregate principal amount of $310 million and $90 million in common stock through a private placement (the “Private Placement”).

30 June 2020

Company announcement/payments

WEX to buy eNett and Optal

WEX (NYSE: WEX), a leading financial technology service provider, today announced that it has entered into a definitive agreement to purchase eNett, a leading provider of B2B payments solutions to the travel industry and Optal, a company that specializes in optimizing B2B transactions, for a total consideration of approximately $1.7 billion, including approximately $1.275 billion in cash and approximately 2 million shares of WEX common stock paid to the sellers.

24 January 2020