{
}
UBS has lowered its price target for WEX Inc. to $172 from $200 while maintaining a Neutral rating. WEX operates a global commerce platform through three segments: Mobility, which focuses on fleet payment processing; Benefits, offering a SaaS platform for healthcare benefits; and Corporate Payments, which addresses global B2B payment complexities.
Dmitry V., the former CEO of the crypto exchange WEX, was arrested in Poland on December 9, 2024, following a U.S. extradition request. He faces charges related to fraud and money laundering linked to WEX's operations, which processed over $9 billion before its 2018 collapse. This arrest marks a significant step in the ongoing investigation into his alleged criminal activities during his tenure.
WEX Inc. operates a global B2B commerce platform divided into three segments: Mobility, Benefits, and Corporate Payments. The Mobility segment provides tailored payment and transaction processing services for various fleet sizes, while the Benefits segment offers a SaaS platform for health benefits and enrollment solutions. The Corporate Payments segment addresses the complexities of global B2B payments, allowing customers to integrate and automate their payment processes.
WEX Inc.
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs lowers wex price target to 172 maintains neutral rating
17:35 07.02.2025
former wex ceo arrested in poland faces extradition to united states
United States Dollar
Malaysian Ringgit
Indian Rupee
WazirX USD
WEX Inc.
JPMorgan Chase & Co.
Silvergate Capital Corporation
Wells Fargo & Company
MYS
IND
POL
KAZ
USA
RUS
Dmitriy Nagiev
Show more
17:38 09.12.2024
wex inc maintains neutral rating as it expands global commerce platform
20:30 25.10.2024
Trending
Subcategory
Corporate News
Industry Trends
Startups & Entrepreneurship
Global Trade Developments
Stock Market Updates
Supply Chain Management
Industry Mergers & Acquisitions
Retail and Consumer Goods
Fintech Startups
Private Equity Deals
Government Economic Policies
Venture Capital Investments
Inflation and Monetary Impact
CEO Changes
Central Bank Actions
Workplace Trends
Energy Sector Developments
Corporate Social Responsibility
Economic Indicators
Emerging Startups
Countries:
Companies:
Apple Inc.
Google Inc.
Grab2Go AS
OLA ELECTRIC MOBILITY LTD
EFG Hermes Egypt
Li Auto Inc.
NIO Inc.
Delhivery Limited
Ecom Express Ltd.
Tesla, Inc.
XPeng Inc.
Morgan Stanley
Nikkei 225
Nintendo Co., Ltd.
Goto Ltd
Volkswagen AG
Mizuho Financial Group, Inc.
Mitsubishi UFJ Financial Group, Inc.
Microsoft Corporation
CATLOKI USD
Currencies:
United States Dollar
Indian Rupee
Euro
Chinese Yuan
Japanese Yen
United Arab Emirates Dirham
Egyptian Pound
South Korean Won
Pakistani Rupee
Indonesian Rupiah
Saudi Riyal
Offshore Chinese Yuan
Hong Kong Dollar
New Taiwan Dollar
Qatari Riyal
Malaysian Ringgit
Filipino Peso
West African CFA Franc
Thai Baht
Mexican Peso
People: