WEX: Fleet Cards - [Business Breakdowns, EP.131]

This podcast episode delves into the world of WEX, a leading fleet card provider, exploring the intricacies of the fleet card industry, its history, business model, competitive landscape, and strategies in navigating the shift to electric vehicles. It highlights WEX's strength in capturing vast amounts of data, efficient customer acquisition, and expertise in managing complexity in diverse business lines, including fueling, travel, corporate solutions, health benefits, and employee benefits. The episode also examines the risks and opportunities faced by WEX as it transitions to electric vehicle fleets and the evolving fuel landscape.