FLEETCOR Rebrands to Corpay Shift towards Corporate Payments

FLEETCOR Rebrands to Corpay Shift towards Corporate Payments

Time Stamp: March 7, 2024 11:19 AM
FLEETCOR Rebrands to Corpay Shift towards Corporate Payments PlatoBlockchain Data Intelligence. Vertical Search. Ai.

The global payments firm FLEETCOR Technologies is
rebranding to Corpay. This shift, effective March 25, 2024, aligns with the
company’s operations of offering corporate payment solutions. According to the press release, the company will
maintain its brands in the Vehicle Payments and Lodging Payments
segments despite the rebranding.

Ron Clarke, the Chairman and Chief Executive Officer
of FLEETCOR, mentioned: “The Corpay name better represents what we do now,
which is provide corporate payment solutions. We will use Corpay as the go-to-market brand
for our Corporate Payments segment and retain our existing popular go-to-market
brands in our Vehicle Payments and Lodging Payments segments.”

Corpay specializes in facilitating business payments
for international transactions, offering currency risk management and support
for global business expansion. With operations spanning 145+ currencies and
200+ countries, Corpay enhances cross-border transactions for businesses
globally.

Last year, AC Milan selected Corpay as its official
commercial foreign exchange partner. This collaboration expanded Corpay’s
reach in the global sports arena while providing AC Milan with a payment
solution.

Broadening Fintech Partnerships

Beyond sports, Corpay has been actively forging
partnerships within the fintech ecosystem. For instance, the firm collaborated
with Sila Inc. to offer customers access to various currencies and cross-border
payment capabilities across 100 countries.

Besides that, Corpay recently partnered with Netdania to leverage the NetStation platform. The firm’s
decision to utilize Netdania’s NetStation platform underscored its dedication
to enhance trading activities within its Cross-Border division.

NetStation provides Corpay with financial market
data, news, analysis tools, and capabilities, enabling market
analysis, risk management services, and overall client offerings. The platform’s
features include charting, alerts, calculators, and market data coverage.

Besides that, Cricket Ireland named Corpay Cross-Border as its official foreign exchange partner in January. While the deal underscores financial collaboration, it aims to bolster Ireland’s cricket landscape. Corpay has carved a niche in providing commercial FX solutions to football clubs.

The global payments firm FLEETCOR Technologies is
rebranding to Corpay. This shift, effective March 25, 2024, aligns with the
company’s operations of offering corporate payment solutions. According to the press release, the company will
maintain its brands in the Vehicle Payments and Lodging Payments
segments despite the rebranding.

Ron Clarke, the Chairman and Chief Executive Officer
of FLEETCOR, mentioned: “The Corpay name better represents what we do now,
which is provide corporate payment solutions. We will use Corpay as the go-to-market brand
for our Corporate Payments segment and retain our existing popular go-to-market
brands in our Vehicle Payments and Lodging Payments segments.”

Corpay specializes in facilitating business payments
for international transactions, offering currency risk management and support
for global business expansion. With operations spanning 145+ currencies and
200+ countries, Corpay enhances cross-border transactions for businesses
globally.

Last year, AC Milan selected Corpay as its official
commercial foreign exchange partner. This collaboration expanded Corpay’s
reach in the global sports arena while providing AC Milan with a payment
solution.

Broadening Fintech Partnerships

Beyond sports, Corpay has been actively forging
partnerships within the fintech ecosystem. For instance, the firm collaborated
with Sila Inc. to offer customers access to various currencies and cross-border
payment capabilities across 100 countries.

Besides that, Corpay recently partnered with Netdania to leverage the NetStation platform. The firm’s
decision to utilize Netdania’s NetStation platform underscored its dedication
to enhance trading activities within its Cross-Border division.

NetStation provides Corpay with financial market
data, news, analysis tools, and capabilities, enabling market
analysis, risk management services, and overall client offerings. The platform’s
features include charting, alerts, calculators, and market data coverage.

Besides that, Cricket Ireland named Corpay Cross-Border as its official foreign exchange partner in January. While the deal underscores financial collaboration, it aims to bolster Ireland’s cricket landscape. Corpay has carved a niche in providing commercial FX solutions to football clubs.

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