WEX

5 results about this entity

Period: 24 Jan 2020 - 10 Feb 2025

/payments

Conferma and WEX simplify B2B payments for Concur Invoice customers

Leading virtual payments provider Conferma has partnered with global commerce platform WEX to enable Concur Invoice customers to dramatically reduce costs and control their B2B payments spend.

/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.

/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).

/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”).

/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.