WEX Inc.

WEX Inc. (NYSE: WEX) is a global commerce platform that provides seamlessly embedded, personalized payment solutions designed to simplify the business of running a business. The company operates through three primary business segments: Mobility, Benefits, and Corporate Payments, processing hundreds of billions of dollars in transactions annually across these divisions.

The Mobility segment is a global leader in fleet payment solutions, transaction processing, and information management. It serves diverse fleet needs through North American Mobility, Over-the-Road, and International Mobility business units. WEX operates a proprietary closed-loop payments network in the United States covering more than ninety percent of fuel charging locations and offers broad acceptance at electric vehicle charging stations. Beyond fuel payments, the segment provides software solutions for field service management, telematics, reporting and analytics, and mixed-energy fleet management.

The Benefits segment provides software-as-a-service integrated with payment solutions that simplify employee benefits administration. It offers consumer-directed health accounts, benefit administration services, and compliance solutions. WEX Inc. serves as an IRS-designated non-bank custodian, with WEX Bank providing health savings account depository services. The company maintains approximately 21.6 million SaaS accounts on its platform as of December 31, 2025, and is consistently ranked among the largest health savings account custodians by custodial assets.

The Corporate Payments segment delivers global business-to-business payment solutions through Embedded Payments and Direct Accounts Payable offerings. These solutions integrate virtual payment capabilities into existing workflows across industries including travel, fintech, and insurance, while automating accounts payable processes for corporations of all sizes.

WEX Bank, a wholly owned industrial bank subsidiary organized under Utah law, funds a significant portion of Mobility and Corporate Payments operations and provides competitive advantages through access to low-cost capital sources and liquidity. The company employs approximately 6,600 full-time employees globally, with roughly 5,100 located in the United States and the remainder distributed across fourteen additional countries. WEX maintains a diverse portfolio of acquired brands including Fleet One, EFS, Payzer, benefitexpress, eNett, and Motorpass. The company's website is www.wexinc.com.