WEX
WEX Inc. specializes in providing corporate payment solutions across three main segments: Mobility, Benefits, and Corporate Payments. The Mobility segment is the largest and focuses on fleet vehicle payment solutions, transaction processing, and information management services tailored for commercial and government fleets. WEX has established a significant U.S. network, accepted at over 90 percent of retail fuel locations and more than 45,000 vehicle maintenance sites, catering to over 7.7 million vehicles. The Corporate Payments segment facilitates business-to-business payment processing and transaction monitoring, while the Benefits segment offers healthcare payment products and consumer-directed software solutions. With a strong emphasis on precise financial and information management, WEX aims to enhance control and security for its clients, making it a trusted partner in various business sectors globally.
benefitexpress is a leading provider of cloud-based platforms for employee benefits and health exchange services, primarily catering to the middle market. The company focuses on creating a flexible and user-friendly experience by integrating various benefits into a single platform. This approach simplifies the management of complex benefit plans, making it easier for employers to administer their offerings and for employees to engage with and understand their benefits. benefitexpress provides a comprehensive range of services, including benefit enrollment, management and administration, direct bill services, reimbursement account administration, carrier bill reconciliation, total compensation statements, and a full-service call center to support customers.
eNett is a fintech company that’s redefining virtual payments for the travel industry. eNett is a leading specialist in B2B international payment solutions. eNett International was established to tackle the issue of complicated travel payments head-on. Combining decades of payment expertise with in-depth travel industry knowledge, they are one of the leading payment companies in developing innovative business-to-business payment solutions that make payments simple, efficient and rewarding.
Optal is focused on transforming payment processes across various industries by enhancing the efficiency of B2B transactions. The company provides secured payment solutions that streamline reconciliations and offer Mastercard-branded payment products. By addressing the inefficiencies commonly associated with traditional payment methods, Optal enables businesses to improve profitability and deliver innovative transaction solutions that are globally recognized and accepted. Through its commitment to re-inventing payment processes, Optal aims to support companies in navigating the complexities of financial transactions in today's market.
Discovery Benefits, Inc. provides employee benefit administration services in the United States. It offers flexible spending accounts, health savings accounts, health reimbursement arrangements, transportation benefit plans, COBRA administration services, wellness/fitness reimbursement, tuition reimbursements, and other spending accounts. The company was founded in 1987 and is based in Fargo, North Dakota. As of March 5, 2019, Discovery Benefits, Inc. operates as a subsidiary of WEX Inc.
Noventis Inc. is a Houston-based company that specializes in bill payment delivery and processing solutions. Founded in 1998, Noventis has developed a range of innovative services aimed at enhancing the efficiency and profitability of payment programs for businesses. Its offerings include expedited bill payment processing, walk-in payment services, prepaid debit cards, and mobile financial solutions, which facilitate hassle-free online transactions. By partnering with various organizations, Noventis leverages nearly two decades of industry expertise to help clients reduce costs, increase operational efficiency, and improve return on investment. This collaborative approach enables partners to handle billions of dollars in payments annually, ultimately enhancing their bottom line and delivering greater value to their customers.
Electronic Funds Source LLC (EFS) specializes in providing tailored payment solutions for corporate purchasing, travel, and entertainment, both in North America and internationally. The company offers a range of services, including expense reporting, payroll and settlement solutions, accounts payable automation, and fuel purchase management. EFS's product lineup includes the EFS Fleet Card, which features carrier controls and reporting capabilities; the EFS SmartFunds, a multi-purse card for various transaction types; and the EFS MasterCard Fleet Card, which combines MasterCard's global acceptance with proprietary purchasing controls. EFS also offers virtual payment solutions and online tools for fuel management and reconciliation, enhancing efficiency for fleet operators. Founded in 1996 and based in Ogden, Utah, Electronic Funds Source LLC operates as a subsidiary of Wp Mustang Topco LLC.
Benaissance® is the trusted financial management partner for health benefits administration. We pioneered the industry’s leading ExchangePoint℠ and COBRApoint® Software as a Service (“SaaS”) solutions for individual single-point and consolidated group premium billing. Together, these two solutions deliver highly efficient and scalable billing and payment solutions with easy-to-understand billing and convenient payment options—for tens of thousands of US employers and millions American families through private exchanges, state based marketplaces, and over 100 health plan and TPA customers.
WEX Health is a cloud-based healthcare financial management platform that specializes in employee benefits administration services. The company enhances efficiency in benefit administration technology, consumer engagement, and billing and payment processes. WEX Health serves a vast network of partner organizations, providing solutions to 200,000 employers and over 17 million consumers in the United States and Canada. The platform simplifies the management of various health-related accounts, including health savings accounts, health reimbursement accounts, and flexible spending accounts, as well as premium billing and wellness plans. Additionally, WEX Health offers the Benny prepaid benefits card, facilitating electronic payments for health-related benefits. Formerly known as Evolution1, the company rebranded to WEX Health, Inc. in April 2016.
Stacey has over 20 years of marketing experience and over 12 years of extensive marketing knowledge in the transportation industry. She serves as Director of Marketing and is responsible for creating, implementing and executing WEX Fleet One’s direct, private label and partner marketing programs. Prior to joining Fleet One in 2002, Stacey worked for Covad Business Solutions (formerly BlueStar Communications), where she served as Director of Marketing. At Covad, she was responsible for building and executing marketing strategies within the emerging broadband technology industry. Stacey earned her Bachelor of Science degree from the University of Alabama in 1992.
CorporatePay has been built by an experienced team incorporating extensive financial services and payment solutions expertise. It is strongly backed by a highly successful investment firm, Blenheim Chalcot , with a strong track record in the financial services industry.
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