More Press Releases
15 December 2020
WEX Completes Acquisition of eNett and Optal
PORTLAND, Maine – December 15, 2020 -- WEX Inc. (NYSE:WEX), a leading financial technology service provider, today announced the completion of its previously announced agreement to acquire eNett, a leading provider of B2B payments solutions, and Optal, a company that specializes in optimizing B2B transactions. WEX paid total consideration of approximately $577.5 million, funded from cash on hand. Though visibility remains limited due to COVID-19, WEX expects the impact of the acquisition on adjusted net income will be immaterial through calendar year 2021.
13 October 2020
eNett and Optal Respond to Court Decision on Certain Preliminary Issues
London, October 12, 2020: eNett International (Jersey) Limited and Optal Limited issued the following statement today in response to the ruling of the Commercial Court, Queen’s Bench Division of the High Court of Justice of England and Wales on certain preliminary issues relating to the complaint filed against WEX by shareholders of eNett and Optal.
07 May 2020
eNett, Travelport and Optal Respond to WEX’s Attempt to Walk Away from its Binding Agreement
May 7, 2020 – LONDON and LANGLEY, England – eNett International (Jersey) Limited, Travelport Limited and Optal Limited issued the following statement today responding to WEX’s statement that eNett and Optal have suffered a Material Adverse Effect in their businesses due to the COVID-19 pandemic. eNett, Travelport and Optal reject WEX’s attempt to walk away from its binding agreement.
24 January 2020
eNett International Signs Definitive Agreement to be Acquired by WEX
eNett International, a leading provider of integrated B2B payment solutions for the travel industry, has entered into a definitive agreement to be acquired by WEX Inc. (NYSE: WEX), a leading financial technology service provider.
22 January 2020
Airline Acceptance of Virtual Cards
Last year, eNett continued its drive to raise awareness of the numerous benefits that airlines can gain from accepting eNett Virtual Account Numbers (VANs). Read more about how eNett has made progress in this area.
20 November 2019
eNett International hits its fundraising target
Payment provider’s CSR programme, Repay the eNett way, hits fundraising target.
04 November 2019
eNett International wins at the 2019 AAGE Graduate Recruitment Industry Awards
Winners of the Best Internship Program
20 August 2019
eNett scores a hat-trick at the 2019 Stevie Awards.
eNett International continues winning streak taking home a Gold for Entrepreneur of the Year and two bronze awards
05 April 2019
eNett kicks off 2019 with two wins at the Global Business Excellence Awards.
eNett named Fastest Growing Company, while CEO takes home award for Outstanding Entrepreneur of the year.
03 April 2019
eNett brings ‘Repay the eNett Way’ home for 2019
Addressing a global issue that impacts thousands of people in large cities, eNett will be partnering with homelessness charities Youth Projects in Melbourne and Shelter from the Storm in London, to help those who, through circumstances beyond their control, find themselves without a home.
25 January 2019
2018 sees another award-winning year for eNett.
eNett recognised with an impressive list of industry awards celebrating the company’s leadership, customer-centricity and innovation in the travel industry
05 December 2018
eNett crowned winner at 2018 World Travel Awards
Company’s growth and dedication to driving innovation in B2B travel payments sees it named as the World’s Leading B2B Travel Payments Provider
13 August 2018
A double win for eNett at the 2018 Stevie Awards
Leading travel payments provider takes home Gold for Fastest Growing Company in APAC and Financial Services’ Executive of the Year.
23 July 2018
ENETT CELEBRATES TWO WINS AT 2018 GLOBAL BUSINESS EXCELLENCE AWARDS
Taking home two gongs at the 2018 Global Business Excellence Awards in the ‘Outstanding Executive’ and ‘Outstanding Customer Service Initiative’ categories.
28 May 2018
eNett Extends Currency Suite by Eighteen
eNett has just made international payments easier with the addition of eighteen new non-local settlement (NLS) currencies. This brings the comprehensive currency suite to 58, 20 of which offer local settlement.
11 April 2018
Chargeback enhancements
Chargebacks made even faster and easier with our new enhancements.
27 March 2018
eNett selects Nepal as the next beneficiary of ‘Repay the eNett Way’ 2018
Nepal announced as the next beneficiary of ‘Repay the eNett Way’ 2018. ‘Repay the eNett Way’ aims to improve the education and career opportunities for underprivileged communities in high tourism growth countries.
08 March 2018
Making raising chargebacks faster and easier
We're constantly reviewing our processes and making they easier, faster and safer for our customers
21 February 2018
Fraud costs travel intermediaries a whopping US$21 billion
We commissioned a new global study into fraud in travel payments. It showed travel companies are being highly targeted by fraud, with the total impact of fraud currently costing travel intermediaries nearly US$21B. The research predicts this could exceed US$25B by 2020.
03 January 2018
Record-breaking year for eNett award wins
eNett International, a leading provider of B2B payment solutions for the travel industry, took home eight awards in 2017. These included four International Business Awards, two Global Business Excellence Awards, an International CSR Excellence Award and a TravelMole Award.
20 November 2017
eNett exceeds its fundraising target for Mellon Educate’s ‘Building Blitz’
eNett International, a leading provider of dedicated B2B payment solutions, exceeds its fundraising target for Mellon Educate’s ‘Building Blitz’ in South Africa. This is part of its “Repay the eNett Way” annual CSR initiative.
31 October 2017
A look back at ITB Asia 2017
eNett had its biggest ever presence at ITB Asia. Here are the highlights in pictures.
27 October 2017
eNett voted Best Travel Payment Solution Provider at Travelmole Awards 2017
eNett International wins Best Travel Payment Solution Provider at the Travelmole Awards for the second year. The TravelMole awards are the main award event for the Asia Pacific travel industry to recognise the best web, social, mobile and travel technology deployments.
26 October 2017
User Interface upgrades coming soon
We’ve been busy building an updated UI to make visibility of your VANs clearer than ever.
16 October 2017
New self-help portal coming soon....
We're enhancing the eNett Payments Portal so you can make changes fast and easy
A win for eNett at the 2018 TTG Travel Awards
Company’s growth and contribution to travel industry sees it take home the Travel Technology Company of the Year Award,