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/PRNewswire/ -- B2B Fintech Stampli, a leader in Accounts Payable (AP) automation, announced the launch of its new corporate card, the Stampli Card, an...

Press release content from PR Newswire. The AP news staff was not involved in its creation.

WEX earnings call for the period ending December 31, 2020.

Seven months after Portland-based payments provider WEX Inc. (NYSE: WEX) said it was not required to complete two acquisitions citing the pandemic's effect on those businesses, the company has completed the deals at a fraction of the original price tag and settled a lawsuit brought by the sellers. The company, led by Chair and CEO Melissa Smith, said Tuesday that it has completed the purchase of eNett, a provider of business-to-business payments solutions for the travel industry, and B2B payments company Optal, for around $577.5 million. It does not expect the deals to affect results...

WEX Completes Acquisition of eNett and Optal WEX Completes Acquisition of eNett and Optal WEX Inc. (NYSE:WEX), a leading financial technology service provider, today announced the completion of its previously announced agreement to acquire eNett, a leading provider of B2B payments solutions, and Optal, a company that specializes in optimizing B2B transactions. WEX paid total consideration of approximately $577.5 million, funded from cash on hand. Though visibility remains limited due to COVID-19, WEX expects the impact of the acquisition on adjusted net income will be immaterial through calen...