3Delta Systems
WEX Inc. is a NYSE-listed global commerce platform providing B2B payments, fleet fuel cards, and employee benefits administration to financial institutions, fintechs, travel agencies, fleet operators, health plans, and public sector organizations across 12+ countries.
- Company typePublic
- Founded1999
- HeadquartersChantilly, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What 3Delta Systems does
WEX Inc. is a NYSE-listed global commerce platform (ticker: WEX) headquartered in Portland, Maine, operating across North America, Europe, Latin America, and Asia Pacific. The company serves financial institutions, fintech firms, travel agencies, fleet operators, health plans and third-party administrators, and public sector agencies through three integrated product lines: (1) Fuel Cards and Fleets, comprising 50+ branded fuel cards, GPS tracking, EV charging solutions, fraud protection, and trucking fleet services; (2) Employee Benefits, covering HSA, FSA, and HRA account administration, COBRA compliance, Medicare Advantage supplemental benefits, and a customizable white-label benefits platform; and (3) Business Payments, including accounts payable automation, virtual cards, commercial cards, supplier enablement, payment processing, and payment delivery, all built on the proprietary EnCompass cloud-based platform with a public developer API portal.
The underlying technology is a cloud-based adaptable payments platform with the EnCompass portal at its core, supporting multi-method B2B payment routing, virtual card issuance, and supplier onboarding, complemented by GPS-based fleet tracking and EV charging management, and a benefits account administration engine. The platform is offered both as a direct enterprise solution and as an embedded/white-label technology licensed to financial institutions, fintechs, HR technology firms, and third-party administrators, with flexible rebate-sharing options for integrators.
WEX generates revenue through four primary streams: transaction-based payment processing fees on B2B payments and virtual cards; transaction fees and rebates from fleet fuel cards and fleet services; recurring subscription revenue from HSA/FSA/HRA account administration and benefits platform licensing; and royalty/licensing revenue from white-label and embedded payments deployments. Pricing is quote-based, with custom multi-year enterprise contracts sized to annual B2B payment volume, industry, and solution mix. Go-to-market combines a sales-led direct enterprise motion with an API-first developer channel targeting fintech and technology partners.
3Delta Systems firmographics
Firmographics- Name
- 3Delta Systems
- Legal name
- WEX Inc.
- Website
- https://3dsi.com
- Company type
- Public
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- WEX Inc. is a NYSE-listed global commerce platform providing B2B payments, fleet fuel cards, and employee benefits administration to financial institutions, fintechs, travel agencies, fleet operators, health plans, and public sector organizations across 12+ countries.
- Ownership category
- akta.pro rank
3Delta Systems industry classification
Industry- Product category
- B2B Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- akta.pro primary industry
- Payables & Disbursements (ACH/SEPA, wires, checks, virtual cards) (FSABAIAB)
- akta.pro secondary industries
- SME & Business Cross-Border Payments (B2B) (FSAMAIAB), A2A Bill Pay & eInvoicing (Open Banking Enabled) (FSAMAFAL), B2B Travel Credit, Invoice & Settlement Solutions (THALAHAD)
Keywords
Where 3Delta Systems is headquartered
LocationHeadquarters
- HQ city
- Chantilly
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
3Delta Systems business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Payment Processing Fees: WEX generates revenue through payment processing fees charged to businesses for handling B2B payments, virtual cards, and accounts payable transactions. The platform enables businesses to earn rebates on payment volumes.
- Fleet Fuel Cards: Revenue from fleet management solutions including fuel cards with discounts, rebates, GPS tracking, and fleet analytics across 50+ card options.
- Employee Benefits Administration: Revenue from HSA, FSA, HRA account administration, benefits cards, COBRA services, and Medicare Advantage supplemental benefits platform.
- Platform Licensing: White-label and embedded payments technology licensing for financial institutions, fintech companies, and third-party administrators to deploy WEX capabilities under their own brands.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Multi-year contract | Enterprise solutions with custom pricing based on payment volume |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
3Delta Systems product offering
Product offeringCore offering
3Delta Systems provides B2B payment technology solutions including virtual commercial card payments, accounts payable automation via the WEX EnCompass platform, corporate payments programs, fleet and fuel card services, and consumer-directed benefits administration (HSA, HRA, COBRA, benefit wallet). The company sells primarily to enterprises and their suppliers, banks, and benefits administrators across the U.S., UK, Europe, and Australia-Pacific regions.
Product overview
WEX Inc. is a global commerce platform offering three integrated product lines: (1) Fuel Cards and Fleets for fleet mobility management including 50+ fuel cards, GPS tracking, EV charging, fraud protection, and roadside services; (2) Employee Benefits for benefits administration including HSA, FSA, HRA accounts, COBRA, Medicare Advantage, and customizable white-label platform options; and (3) Business Payments providing accounts payable automation, virtual cards, commercial cards, supplier enablement, payment processing, and payment delivery. The Encompass Payments Platform serves as the core technology enabling embedded payment capabilities for partners and developers via APIs.
Differentiator
Problem solved
Functional benefit
Products and services
- WEX EnCompass Accounts payable automation platform that enables enterprises and their suppliers to convert check-based payments into electronic, virtual card-based transactions, with workflow tools, rebate capture, and supplier enrollment.
- WEX Fleet / WEX Fuel Cards Commercial fleet fuel card programs and fleet management software for trucking companies, commercial fleets, and fuel buyers, providing fuel discounts, spend controls, and telematics integration.
- Corporate Payments Solutions Corporate card and payment programs for businesses, supporting travel payments, cross-border B2B payments, and corporate spend management. Capabilities extended by the Optal (UK B2B payments) and eNett (travel payments) acquisitions.
- WEX Health / Benefit Wallet Consumer-directed health (HSA, HRA, FSA), COBRA administration, and benefit wallet platform serving employers, brokers, and third-party benefits administrators.
Quantifiable outcome
- Reduce reconciliation time with enhanced data
- +3 more outcomes
Companies that use 3Delta Systems
Customer profileNamed customers3 records
Segments6 records
Ideal customer profiles4 records
3Delta Systems technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
3Delta Systems partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- FNBO (First National Bank of Omaha)coreFNBO partnered with WEX to offer virtual payments solutions to their clients. WEX helps FNBO provide a simple, sophisticated solution for customers seeking B2B payment capabilities. This partnership enables FNBO to expand their commercial card and payment offerings.
- California Department of RehabilitationcoreThe California Department of Rehabilitation partnered with WEX to create a new digital payment product for rehabilitation services. This government partnership demonstrates WEX's ability to deliver specialized payment solutions for public sector needs.
- REPAYcoreREPAY utilized WEX's streamlined payments processes and comprehensive data analytics to enhance their product offerings. WEX's APIs and payment infrastructure helped REPAY deliver best-in-class products to their customers.
Scale indicators3 records
Recent moves1 record
Expansion highlights6 records
3Delta Systems competitors and assessment
Company assessmentBroad incumbents
- Adyen: Adyen is a global enterprise payments platform offering unified online, in-person, and platform payment processing — competing with WEX at the embedded/enterprise payments layer.
- Stripe: Stripe is a broad global payments platform serving businesses of all sizes, with expanding B2B and embedded finance offerings that compete with WEX's Business Payments platform.
Emerging players
- Pleo: Pleo offers corporate cards and spend management for SMBs and mid-market in Europe — emerging direct competitor to WEX's commercial cards and virtual card products in regional markets.
- Fleetio: Fleetio provides modern fleet management software including fuel cards and vehicle tracking — overlapping with WEX's Fleet pillar, primarily in the mid-market segment.
Direct peers
- Marqeta: Marqeta provides a card-issuing and payment processing API platform used by fintechs and enterprises — directly comparable to WEX's EnCompass embedded payments platform and developer API offering.
- Bill.com: Bill.com provides B2B accounts payable and receivable automation with virtual card payments and supplier enablement — directly overlapping with WEX's Business Payments pillar and the same mid-market and enterprise buyer.
- Ramp: Ramp provides corporate cards, AP automation, and spend management for businesses — directly comparable to WEX's B2B virtual card and accounts payable automation products.
- Comdata: Comdata is a major fleet fuel card and commercial payments provider, directly competing with WEX in the Fuel Cards & Fleets pillar across trucking and commercial fleets.
- Brex: Brex offers corporate cards and B2B payment solutions targeting fintechs and businesses — overlapping with WEX's commercial cards, virtual cards, and embedded payments capabilities.
- HealthEquity: HealthEquity is a leading HSA administrator and benefits platform — directly comparable to WEX's Employee Benefits pillar and HSA/FSA/HRA product set.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
3Delta Systems social profiles
Digital presence3Delta Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
3Delta Systems leadership team
Management profileNumber of profiles
3Delta Systems funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
3Delta Systems M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 3Delta Systems
What does 3Delta Systems do?
3Delta Systems provides B2B payment technology solutions including virtual commercial card payments, accounts payable automation via the WEX EnCompass platform, corporate payments programs, fleet and fuel card services, and consumer-directed benefits administration (HSA, HRA, COBRA, benefit wallet). The company sells primarily to enterprises and their suppliers, banks, and benefits administrators across the U.S., UK, Europe, and Australia-Pacific regions.
Is 3Delta Systems a public or private company?
3Delta Systems is a public company. It is classified as public and is currently operating.
When was 3Delta Systems founded?
3Delta Systems was founded in 1999. It employs 11 to 50 people.
Where is 3Delta Systems based?
3Delta Systems is headquartered in Chantilly, United States, in the North America region.
How does 3Delta Systems make money?
Four revenue lines are on record. Payment Processing Fees are the primary driver. The others are fleet Fuel Cards, employee Benefits Administration and platform Licensing.
Who are 3Delta Systems's main competitors?
Broad incumbents on record are Adyen and Stripe. Emerging players are Pleo and Fleetio. Direct peers are Marqeta, Bill.com, Ramp, Comdata, Brex and HealthEquity.
Does 3Delta Systems have an API?
Yes. WEX offers payment APIs for developers through their developer portal (developer.wexinc.com). The APIs enable developers to build payment technology solutions and integrate WEX's payment platform capabilities. WEX also mentions customizing their Encompass payments platform to meet business needs. Developer documentation is at developer.wexinc.com.
What industry is 3Delta Systems in?
3Delta Systems's product category is B2B Payment Processing. Its primary akta.pro industry code is FSABAIAB, Payables & Disbursements (ACH/SEPA, wires, checks, virtual cards), with a secondary code of FSAMAIAB, SME & Business Cross-Border Payments (B2B). Its NAICS code is 52232.