About eNett
eNett is a company based in Melbourne (Australia) founded in 2009 was acquired by Wright Express in December 2020.. eNett offers products and services including Fuel Cards, Benefits Administration, and Payment Processing. eNett operates in a competitive market with competitors including Slice and Layby Technology, among others.
- Headquarter Melbourne, Australia
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Enett International (Nz) Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Wright Express
(Dec 15, 2020)
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Products & Services of eNett
eNett offers a comprehensive portfolio of products and services, including Fuel Cards, Benefits Administration, and Payment Processing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cards for secure fuel purchases and expense tracking in fleets.
Platform for managing HSAs, FSAs, and COBRA services.
Tools for automating accounts payable and reducing fraud.
Funding Insights of eNett
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in eNett
eNett has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wright Express. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Employee benefit administration and payment solutions are provided for enterprises.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by eNett
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - eNett
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Enett Comparisons
Competitors of eNett
eNett operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Slice and Layby Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
A marketplace platform is operated from San Francisco since 2018.
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| domain | founded_year | HQ Location |
Delivers secure payment gateway solutions for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Enett
Frequently Asked Questions about eNett
When was eNett founded?
eNett was founded in 2009.
Where is eNett located?
eNett is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
What does eNett do?
The platform was established in 2009 and is headquartered in Melbourne, Australia. Operations focus on the travel sector in Australia and New Zealand, where web-based B2B payment processing is offered. Risk is mitigated through the issuance of 16-digit virtual account numbers for each transaction. Integration with back-office accounting systems is enabled via API or web browser access.
Who are the top competitors of eNett?
eNett's top competitors include Slice and Layby Technology.
What products or services does eNett offer?
eNett offers Fuel Cards, Benefits Administration, and Payment Processing.
Who are eNett's investors?
eNett has 1 investor. Key investors include Wright Express.
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