WEX Completes Acquisition of Payzer

By Business Wire On Nov 3, 2023

WEX, the global commerce platform that simplifies the business of running a business, today announced that it has completed the previously announced acquisition of Payzer, a high-growth, cloud-based, field service management software provider.

“We believe our combination will only strengthen and deepen our offerings to WEX’s Mobility customers – approximately 150,000 of which operate field service management companies – by providing them a new, scalable, and integrated business management software offering.”

“We are excited about this deal and to welcome the Payzer team to WEX,” said Melissa Smith, Chair and CEO, WEX. “We believe our combination will only strengthen and deepen our offerings to WEX’s Mobility customers – approximately 150,000 of which operate field service management companies – by providing them a new, scalable, and integrated business management software offering.”

Marketing Technology News: Optimove Names Shai Frank Senior Vice President to Escalate Growth in The Americas

WEX previously announced its entry into a definitive agreement to acquire Payzer on October 26, 2023.

WEX is the global commerce platform that simplifies the business of running a business. WEX has created a powerful ecosystem that offers seamlessly embedded, personalized solutions for its customers around the world. Through its rich data and specialized expertise in simplifying benefits, reimagining mobility and paying and getting paid, WEX aims to make it easy for companies to overcome complexity and reach their full potential.

Marketing Technology News: MarTech Interview with Christian Ferri, Co-Founder and CEO of Web3 Pro