WEX Inc. (NYSE: WEX) is a financial technology company that provides payment solutions and software for businesses, government agencies and consumers. Its offerings are designed to help organizations manage spending, payments and related administrative processes across mobility, corporate payments and employee benefits.
In its mobility business, WEX provides fleet payment cards and fleet-management tools for commercial vehicles, including fuel, maintenance and transportation-related expenses. The company also supports electric-vehicle charging and other mobility payments. Its corporate payments products include virtual cards, accounts-payable automation, travel payments and solutions for controlling and reconciling business expenses.
WEX also provides technology and payment services for employee benefits, including health savings accounts, flexible spending accounts, commuter benefits and related administrative services. The company serves customers in multiple regions, including the United States, Canada, the United Kingdom, Europe, Australia and New Zealand, and Brazil. Founded in 1983 as Wright Express, the company adopted the WEX name in 2012 and is headquartered in Portland, Maine.
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