Company
Every published round WEX took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies WEX has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for WEX, as distinct from the investments it has made.
Companies WEX has backed that another company then bought. An exit for the holding, not a deal WEX did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of WEX is recorded as having been acquired. | ||||
Companies WEX acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| eNett International | Acquisition | 20 Dec 2020 | $577m | Australian FinTech, Startup Daily |
Stories naming WEX. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
KPMG's annual review reports Australian fintech investment of US$1.4 billion in 2020, featuring eNett's acquisition, raises by Judo Bank and Brighte, a cryptocurrency-backed IPO, and global fintech trends.
Weekly newsletter rounds up venture news: multiple Australian and regional VC fund closes, startup raises including Brighte and Judo, acquisitions of eNett and Sine, neobank collapses, and new revenue-based lenders.
Also Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Australian FinTech·Australian FinTech·TechCrunch Venture