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From Wikipedia, the free encyclopedia
W. A. G. Payment Solutions, trading as Eurowag, is a business which processes freight and road payments across Europe. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[3][4]
 | |
Head Office in Prague | |
| Company type | Public limited company |
|---|---|
| LSE: WPS | |
| Industry | Financial Services |
| Founded | 1995 |
| Founder | Martin Vohánka |
| Headquarters | Prague, Czech Republic |
Key people | |
| Revenue |  €2,088.1 million (2023)[1] |
| €(27.7) million (2023)[1] | |
| €(44.0) million (2023)[1] | |
| Total assets |  €1,144.3 million (2023)[1] |
| Total equity | €262.8 million (2023)[1] |
Number of employees | 1,000 (2024)[2] |
| Website | investors |
The company was founded by Martin Vohánka as a petroleum trader in the Czech Republic under the name "W. A. G. Group" in 1995.[5] It launched its payment services platform, which operated under the trade name of "Eurowag", in 2000.[6] As of May 2021, the company was owned 59.1% by Vohánka and 32.7% by TA Associates.[7]
The company was the subject of an initial public offering on the London Stock Exchange in October 2021.[8][9][10] In November 2022, the company acquired WebEye, a telematics business.[11] In April 2022, it collaborated with a Fintech company, Factris, to offer "Eurowag Cash". Eurowag Cash enables customers to factor their customer invoices.[12]
The company processes fuel and toll payments for heavy goods vehicle drivers across Europe.[13][14]
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