We present a high-cadence short term photometric and spectroscopic monitoring campaign of a type Ibn SN 2019wep, which is one of the rare SN Ibn after SNe 2010al and 2019uo to display signatures of flash ionization (He ii, C iii, N iii). We compare the decline rates and rise time of SN 2019wep with other SNe Ibn and fast transients. The post-peak decline in all bands (0.1 mag day(-1)) are consistent with SNe Ibn but less than the fast transients. On the other hand, the Delta m (15) values are slightly lower than the average values for SNe Ibn but consistent with the fast transients. The rise time is typically shorter than SNe Ibn but longer than fast transients. SN 2019wep lies at the fainter end of SNe Ibn but possesses an average luminosity among the fast transients sample. The peculiar color evolution places it between SNe Ib and the most extreme SNe Ibn. The bolometric light-curve modeling shows resemblance with SN 2019uo with ejecta masses consistent with SNe Ib. SN 2019wep belongs to the P cygni subclass of SNe Ibn and shows faster evolution in line velocities as compared to the emission subclass. The post-maximum spectra show close resemblance with ASASSN-15ed hinting it to be of SN Ib nature. The low He i CSM velocities and residual H alpha further justifies it and provide evidence of an intermittent progenitor between Wolf-Rayet and LBV stars.