Recent events
Recent events tied to this brand in public sources.
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2026
WEX updates Q4 and FY 2026 earnings guidance
WEX issued an update to its fourth-quarter 2026 earnings guidance, providing EPS guidance of 5.670–5.870 and revenue guidance of $760.0 million–$780.0 million, and updated its FY 2026 EPS guidance to 19.680–20.080.
2021
WEX agrees to SEC settlement over internal-control violations
WEX agreed to pay $350,000 as part of a settlement with the SEC over violations of federal securities-law internal accounting control provisions. The SEC attributed accounting errors at WEX’s former Brazilian subsidiary to deficiencies in internal controls over financial reporting.
2021
WEX and ChargePoint expand partnership
WEX expanded its partnership with ChargePoint to develop an end-to-end solution for incorporating electric and internal-combustion vehicles into corporate fleets, including charging, enrollment, reporting and billing capabilities. The companies said the expanded relationship would support customers in North America and Europe.
2021
WEX completes benefitexpress acquisition
WEX said it completed its $275 million purchase of benefitexpress, a provider of cloud-based benefits administration technologies and services.
2021
WEX and OMV agree to expand WEX’s European presence
WEX unveiled an agreement with OMV under which WEX will use its technology platform to manage OMV’s fuel-card program across 10 European markets, with implementation planned over the next decade.
2020
Wex announces acquisition of eNett and Optal
Wex announced it would buy eNett and Optal for about $578 million, substantially less than the price in its earlier purchase agreement.
2020
WEX reports second-quarter earnings decline
WEX reported earnings of $1.21 per share during its second-quarter earnings call, down 46.9% from $2.28 per share a year earlier.
2020
WEX reports Q2 2020 revenue and earnings
WEX reported second-quarter revenue of $347.1 million, down 21% year over year, and diluted earnings per share of $1.21, down 47% year over year.
2020
Onyx CenterSource and WEX announce global partnership
Onyx CenterSource announced a global partnership with WEX focused on virtual payment methods for different transaction types across the hospitality industry, with the stated aim of streamlining payments to travel agency partners.
2020
Wex secures $400 million private investment
Wex announced that it had secured a $400 million investment from an affiliate of Warburg Pincus. The investment remained subject to customary closing conditions and was expected to close in the following several days.
2020
Elliott sues Wex over canceled acquisition
Elliott Management sued Wex in a British court, alleging that Wex violated the acquisition agreement by backing out of its planned purchase of eNett and Optal. Elliott asked the court to compel Wex to complete the deal; Wex said it could legally withdraw because of unforeseen circumstances related to the coronavirus outbreak.
2020
WEX acquires Optal and eNett
Optal Limited was sold to WEX Inc, in a transaction that included the acquisition of eNett Limited.