Wright Express

Portland, United States Founded: 1983 • Age: 43 yrs
Employee benefit administration and payment solutions are provided for enterprises.
Annual revenue $2.6B Latest available
Total funding - 3 rounds
Employees 6500 Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Wright Express

Wright Express is a company based in Portland (United States) founded in 1983. The company has 6,500 employees as of December 31, 2024. Wright Express has completed 12 acquisitions, including 3Delta Systems, Benaissance and Benefit Express. Wright Express offers products and services including Fuel Cards, Employee Benefits Platform, Payment Processing, and Fleet Tracking. Wright Express operates in a competitive market with competitors including Stripe, Ramp, Brex, PayPal and Flutterwave, among others.

  • Headquarter Portland, United States
  • Employees 6500 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
    Transportation, Automotive & Logistics Financial Services Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Wex Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.63 B (USD)
    3.15
    as on Dec 31, 2024
  • Net Profit
    $309.6 M (USD)
    16.13
    as on Dec 31, 2024
  • EBITDA
    $1.01 B (USD)
    8.97
    as on Dec 31, 2024
  • Latest Funding Round
    $400 M (USD), Post-IPO

    Jun 29, 2020

  • Investors
    Not available
  • Employee Count
    6500

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Wright Express

Wright Express is a publicly listed company on the NYSE with ticker symbol WEX in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: WEX · Sector: Commercial services · USA

Products & Services of Wright Express

Wright Express offers a comprehensive portfolio of products and services, including Fuel Cards, Employee Benefits Platform, Payment Processing, and Fleet Tracking.

Product name locked
Category locked
Primary

Cards for fuel purchases and expense tracking in fleets

Product name locked
Category locked
Locked

Platform for managing HSAs, FSAs, and COBRA services

Product name locked
Category locked
Locked

Tools for automating accounts payable and virtual cards

Product name locked
Category locked
Locked

GPS and analytics for monitoring vehicle behavior

People of Wright Express

Headcount 1000-5000
Employee Profiles 444
Employee Profiles
People
Robert Deshaies
COO, Americas
People
Renato Alves
Software QA Engineer
People
Kenton Elmore
Manager, Benefits Data Integrations
People
Joshua Turcotte
Manager, Accounting

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Funding Insights of Wright Express

Investments & Acquisitions by Wright Express

Wright Express has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include 3Delta Systems, Benaissance and Benefit Express.

Investments
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Investment portfolio details for Wright Express

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Fuel cards for individuals and businesses
Locked Locked 2018 Locked
SaaS-based payment solutions are provided for business financial management.
Locked Locked 2012 Locked
B2B Payment processing solution
Locked Locked 2009 Locked
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Complete acquisition details for Wright Express

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Financial Statements - Wright Express

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Detailed financials for Wright Express

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Wright Express Comparisons

Wright Express Primary company
Description
Employee benefit administration and payment solutions are pr...
Location
Portland, United States
Founded Year
1983
Annual Revenue
$2.63 B (USD)
Net Profit
$309.6 M (USD)
EBITDA
$1.01 B (USD)
Employees
6,500
As of 2024
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Peer comparison for Wright Express

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Competitors of Wright Express

Wright Express 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 Stripe, Ramp, Brex, PayPal and Flutterwave, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Payment processing and card issuance solutions are provided for businesses.
Locked Locked Locked
Spend management and accounts payable solutions are delivered to businesses.
Locked Locked Locked
SaaS-driven credit card and spend management solutions platform for businesses
Locked Locked Locked
Online payment solutions are offered to consumers and businesses.
Locked Locked Locked
Provider of payment processing solutions for businesses
Locked Locked Locked
Cloud-based HRMS solutions are offered for enterprise HR management.
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Detailed competitors of Wright Express

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Latest news on Wright Express

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Complete news archive for Wright Express

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Frequently Asked Questions about Wright Express

Wright Express was founded in 1983 and raised its 1st funding round 33 years after it was founded.

Wright Express is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.

Melissa D Smith is the current CEO of Wright Express.

As of Dec 31, 2024, the latest employee count at Wright Express is 6,500.

Annual revenue of Wright Express is $2.63B as on Dec 31, 2024.

Founded in 1983 and based in Portland, United States, Wright Express operates in the financial services sector, focusing on corporate payments and expense management. SaaS-driven solutions are offered for fleet cards, travel processes, and employee benefits including HSA and FSA accounts. Virtual payments and supplier enablement services are provided across sectors such as health care and multi-channel corporate payments for multiple cardholders.

Wright Express's top competitors include Stripe, Ramp and PayU.

Wright Express offers Fuel Cards, Employee Benefits Platform, Payment Processing, and Fleet Tracking.

Yes, Wright Express is publicly traded on NYSE under the ticker symbol WEX.

Wright Express has made 12 acquisitions, including 3Delta Systems, Benaissance, and Benefit Express.

The ticker symbol of Wright Express is WEX on NYSE.

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