WEX completed the acquisition of HSA assets of HealthcareBank for $250m.

WEX, a financial services provider, completed the acquisition of the health savings account assets of HealthcareBank, the custodian bank for customers of WEX’s Health division, for $250m. “This asset purchase expands WEX’s role in the attractive consumer-directed healthcare ecosystem and aligns with our growth strategy. We are excited to provide a more streamlined relationship experience, one that positions us to better leverage our investments to provide market-leading HSA solutions," Robert Deshaies, WEX President.