157.93BATS BZX Real-Time Price As of 1:00pm ET | -1.75 / -1.10%Today’s Change | 97.26 Today|||52-Week Range 165.58 | +11.82% Year-to-Date |
SECTOR Technology Services | INDUSTRY Data Processing Services | MARKET CAP $6.9B |
Company Description
WEX, Inc. engages in the provision of payment processing and information management solutions. It operates through the following segments: Fleet Solutions; Travel and Corporate Solutions; and Health and Employee Benefit Solutions. The Flight Solutions segment provides payment and transaction processing services for the needs of commercial and government fleets. The Travel and Corporate Solutions segment focuses on the payment environment of business-to-business payments, providing customers with payment processing solutions for their corporate payment, and transaction monitoring needs. The Health and Employee Benefit Solutions segment involves healthcare payment products and SaaS consumer directed platforms, as well as payroll related benefits to customers. The company was founded by Parker Poole III and William Richardson in 1983 and is headquartered in South Portland, ME.
Employees

Shareholders
Mutual fund holders | 58.43% |
Other institutional | 52.96% |
Individual stakeholders | 1.72% |
Top Executives
Melissa D. Smith | President, CEO & Class II Director |
Kenneth W. Janosick | Chief Portfolio Risk & Operations Officer |
Roberto Simon | Chief Financial Officer |
David Cooper | Chief Technology Officer |
Jeffrey Young | Senior Vice President |