Category Archives: [FLT] FleetCor

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[FLT] FleetCor, [WEX] WEX Inc.

[FLT – FleetCor; WEX – WEX Inc.] Beyond fuel to B2B payments: part 2

Posted on by scuttleblurb

I left Part 1 noting that even as FleetCor insists on its relevance in a world of electric vehicles, it has diversified away from fuel cards, investing first in adjacent verticals like Tolls and now in more far off areas like account payables. Through its $1.2bn acquisition of STP in 2016, FleetCor has come to process 90% of […]

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[FLT] FleetCor, [WEX] WEX Inc.

[FLT – FleetCor; WEX – WEX Inc.] Beyond Fuel: Part 1

Posted on by scuttleblurb

With Visa and Mastercard, the feedback mechanism between issuers, merchants, and consumers is well understood. As I wrote in a previous post:If you wanted to build your own payments network to compete with Visa, you’d need to win over the issuing banks.  Of course, you won’t get the issuers if you don’t have merchants to […]

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