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WEX: Signs Definitive Agreement to Acquire eNett and Optal | Fintech InShorts: Latest fintech news, analysis by experts

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WEX: Signs Definitive Agreement to Acquire eNett and Optal

By Laura M

January 28, 2020

WEX: Signs Definitive Agreement to Acquire eNett and Optal

WEX a leading financial technology service provider across a wide spectrum of sectors, including fleet, travel
Operates in more than 10 countries and in more than 20 currencies through approximately 4,900 associates
Aligns with WEX’s global growth strategy by extending the Company’s leadership position in the attractive Travel market
Accelerates WEX’s revenue growth and is accretive to adjusted net income EPS in the first 12 months
Provides significant global geographic diversification while reducing WEX’s exposure to macro-economic fluctuations
The combination of WEX’s travel business with eNett and Optal further strengthens leadership in the global travel marketplace

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