WEX Inc.

NYSE (USD): WEX Inc. (WEX)

Last Price

173.83

Today's Change

+3.86 (2.27%)

Day's Change

170.01 - 174.85

Trading Volume

563,990

Profile
WEX

Exchange:  New York Stock Exchange New York Stock Exchange

Currency:  USD USD

Sector:  Technology - Technology Technology - Technology

Industry: 

CEO:  Ms. Melissa D. Smith Ms. Melissa D. Smith

Full Time Employees:  7,200 7,200

IPO Date:  2005-02-16 2005-02-16

CIK:  0001309108 0001309108

ISIN:  US96208T1043 US96208T1043

CUSIP:  96208T104 96208T104

Beta:  1.56 1.56

Last Dividend:  0.00 0.00

Dcf Diff:  -148.93 -148.93

Dcf:  322.76 322.76

Description

WEX Inc. provides financial technology services in the United States and internationally. It operates through three segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. The Fleet Solutions segment offers fleet vehicle payment processing services. Its services include customer, account activation, and account retention services; authorization and billing inquiries, and account maintenance services; credit and collections services; merchant services; analytics solutions with access to web-based data analytics platform that offers insights to fleet managers; and ancillary services and tools to fleets to manage expenses and capital requirements. This segment markets its products directly and indirectly to commercial and government vehicle fleet customers with small, medium, and large fleets, as well as with over-the-road and long haul fleets; and indirectly through co-branded and private label relationships. The Travel and Corporate Solutions segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. Its products include virtual cards that are used for transactions where no card is presented. This segment markets its products directly and indirectly to commercial and government organizations. The Health and Employee Benefit Solutions segment offers healthcare payment products and software-as-a-service consumer directed platforms for healthcare market, as well as payroll related and employee benefit products in Brazil. This segment markets its products through health plans, third-party administrators, financial institutions, payroll companies benefits consultants, software providers, and individuals. The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is based in Portland, Maine.

Address

1 Hancock Street,
Portland, ME 04101, US

207 773 8171

http://www.wexinc.com

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