WEX Inc - Company Profile
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WEX is a technology-based company specializing in business-to-business payment solutions. Working capital surplus, cash position, and capital adequacy are some of its key strengths, while geographic concentration could be considered an area of further improvement. The short-term economic outlook in the US, strategic initiatives and the emergence of FinTech companies in the US are likely to offer growth opportunities to the company. However, technology changes, intense competition, and risks related to online identity theft and hacking could prove to be challenging the company’s long-term business performance.
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