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    Shray GurtataBarclays

    Shray Gurtata's questions to WEX Inc (WEX) leadership

    Shray Gurtata's questions to WEX Inc (WEX) leadership • Q2 2025

    Question

    Shray Gurtata of Barclays inquired about the specific initiatives and early traction within WEX's DirectAP business and asked for an updated timeline on the expected reacceleration in the Mobility segment.

    Answer

    CEO Melissa Smith explained that product investments in global money movement are benefiting both embedded and DirectAP customers, with WEX's end-to-end processing capabilities resonating in the market. Regarding Mobility, she stated that the negative same-store sales trends from Q2 are expected to persist through year-end, with over-the-road volumes normalizing after a tariff-related pull-forward.

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    Shray Gurtata's questions to Green Dot Corp (GDOT) leadership

    Shray Gurtata's questions to Green Dot Corp (GDOT) leadership • Q4 2024

    Question

    Shray Gurtata inquired about the extent of macroeconomic pressure factored into the 2025 guidance and the strategic steps for improving margins in the Consumer Services segment.

    Answer

    CFO Jess Unruh confirmed the guidance range accounts for potential macro factors like inflation and yield curve changes. For consumer margins, Unruh highlighted adding Financial Service Center (FSC) partners to boost direct deposit rates. CEO George Gresham added that retiring a legacy retail platform, updating the user experience, and enabling new product development in late 2025 are key initiatives to improve the segment's long-term performance.

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