WEX Europe
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Founded
2008
HQ
London
United Kingdom
Europe (incl Russia)
Industry Segment
Corporate cards
Company Status
Operating Subsidiary
Description
WEX Europe Limited provides business to business payment solutions using the MasterCard and Visa networks through virtual, physical, and digital devices. It offers virtual credit, debit, and prepaid cards to clients, such as small to medium U.K. travel specialists and large multinational travel corporations; and online and retail travel agents, travel management companies, and wholesalers. The company also provides prepaid MasterCard cards to manage expenses, petty cash, and procurement. In addition, it offers rewards and incentives cards that are used by companies across industries to reward and incentivize employees and customers; for employee rewards and incentives, including bonuses, commission payments, spot rewards, and long service rewards; and for promotional cashback and market research participation. Further, the company provides a direct to consumer currency card program; and currency cards that are sold by online and retail travel agents, and airlines, It serves clients in travel, fuel solutions, small and medium enterprises, corporate, and multinational sectors. WEX Europe Limited was formerly known as CorporatePay Limited. The company was incorporated in 2006 and is based in London, United Kingdom. As of May 11, 2012, WEX Europe Limited operates as a subsidiary of WEX Inc.