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 |
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]
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]