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Wex Buys Enett From Travelport for $1.7 Billion in a Travel Payments Mashup

Wex

A shot of Melissa Smith, Chair and CEO of payments company Wex, while speaking during a Ted Talk. Smith led the acquisition of eNett, a travel sector payments company. Wex

Skift Take: With this deal, Wex now becomes a powerhouse in assisting business-to-business travel payments worldwide. The deal also gives cash to seller Travelport, which might use the money to expand its airline tech offerings.

— Sean O’Neill

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