Investor Takes $14 Million Position in WEX as Fintech Firm Generates Record $2.7 Billion in Revenue

By Jonathan Ponciano – Mar 11, 2026 at 11:04PM ESTKey PointsClifford Capital added 95,326 shares of WEX in the fourth quarter.The quarter-end value increased by $14.20 million as a result.WEX is a new holding, representing 2.41% of fund AUM and placing it outside the fund's top five positions.Clifford Capital Partners initiated a new position in WEX (WEX +1.12%) during the fourth quarter, acquiring 95,326 shares worth $14.20 million, according to a recently released SEC filing.What happenedAccording to a February 17, 2026, SEC filing, Clifford Capital disclosed a new position in WEX, purchasing 95,326 shares during the fourth quarter. The stake's quarter-end value stood at $14.20 million as a result of the new holding.What else to knowTop five holdings after the filing:NASDAQ: HSIC: $27.97 million (4.8% of AUM)NYSE: SOLV: $24.46 million (4.2% of AUM)NYSE: RKT: $24.33 million (4.1% of AUM)NYSE: HNI: $24.13 million (4.1% of AUM)NYSE: NATL: $23.69 million (4.0% of AUM)As of February 17, 2026, shares of WEX were priced at $153.88, roughly flat for the year despite a 20% gain in the S&P 500 over the same period.Company overviewMetricValueRevenue (TTM)$2.66 billionNet Income (TTM)$304.20 millionMarket Capitalization$5.28 billionPrice (as of market close 2/17/26)$153.88Company snapshotWEX offers fleet payment processing, virtual card-based travel and corporate payment solutions, and healthcare payment platforms.The firm generates revenue primarily through transaction fees, software-as-a-service subscriptions, and value-added analytics for expense management.It serves commercial and government vehicle fleets, corporate travel and accounts payable departments, and healthcare benefit administrators.WEX operates as a diversified financial technology provider, delivering payment processing and software solutions across fleet, travel, and health sectors. The company leverages a scalable platform to address complex payment needs, driving recurring revenue through integrated service offerings. Its broad client base and specialized sector focus position WEX for continued relevance in the evolving fintech landscape.What this transaction means for investorsCompanies that quietly sit in the middle of everyday financial transactions often build powerful long-term businesses, and there are reasons an investor might consider WEX as one of those operators. The firm’s stock has suffered in recent years, but under the hood, there are reasons to be bullish.The business reported a record $2.66 billion in revenue for 2025 while generating about $304.1 million in net income, down just a bit from $309.6 million the year prior but up 51% on a per-share basis. Growth was driven by strength across the benefits and corporate payments segment, along with a net $3.3 million favorable impact from fuel prices and spreads, and another $4.2 million from favorable foreign exchange rates.Within the broader portfolio, the position fits alongside holdings tied to financial infrastructure and consumer spending flows, including names like Rocket Companies. A common thread is exposure to platforms that facilitate transactions rather than take direct credit risk, and that might also be part of the appeal with WEX.About the AuthorJonathan Ponciano is a contributing stock market analyst at The Motley Fool. He has nearly a decade of experience as a financial journalist, most recently as an editor and senior reporter at Forbes focused on markets, technology, and entrepreneurship. Jonathan has also written for Investopedia and the Los Angeles Business Journal. He holds a dual B.A. in Business Journalism and Economics from the University of North Carolina at Chapel Hill and an M.B.A. from Columbia Business School. A North Carolina native now based in New York City, Jonathan has also lived in Mexico City and Los Angeles.CMFjonponcStocks MentionedWexNYSE: WEX$160.55(+1.12%)+$1.78*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.