Overview

Invapay

Information by Research Trustfinance

https://www.wexinc.com/corporate-payments/supplier-payments/

Originally founded as an independent FinTech company, Invapay specialized in automating and securing the accounts payable process for businesses. It provided a platform that allowed enterprises to pay their suppliers more efficiently using single-use virtual account numbers (VANs), improving security and streamlining reconciliation. In 2019, Invapay was acquired by Optal, a specialist in B2B payments. Subsequently, in 2020, WEX Inc., a global leader in financial technology solutions, acquired both Optal and Invapay. The Invapay technology and platform are now fully integrated into WEX's broader corporate payments and supplier payments solutions, serving a global client base.

Founded in
United Kingdom

United Kingdom


Industry

    Financial

  • Electronic PaymentPRIMARY
  • Other Service
  • Payment