# Corpay Cross-Border Solutions

> Corpay Cross-Border Solutions is the Toronto-based foreign-exchange and international-payments division of Corpay, Inc. It combines a trading and payments platform with human currency-risk specialists, multi-currency accounts, invoice automation, APIs and partner distribution. Formed in 2021 from Cambridge Global Payments and AFEX, then expanded through Global Reach and Alpha, it now serves more than 21,000 clients and processes millions of payments a year across more than 200 countries.

- **Founded:** 2021
- **Headquarters:** Toronto, Canada
- **Team size:** More than 800 Cross-Border employees disclosed for 2024; the supplied company record lists approximately 2,200 employees.
- **Products:** Global Payments, Currency Risk Management, Multi-Currency Accounts, Global Invoice Automation, Integrated and Partner Payments
- **Notable:** Processed more than 4.9 million payments and traded approximately $133 billion in FX in 2024, according to company disclosures., Reached more than 21,000 clients across more than 200 countries and 145 currencies., Built relationships with more than 100 correspondent banks and counterparty trading institutions.

## Products & services

- **Global Payments** — Large-ticket and mass international payments through an online platform, APIs and a network reaching more than 200 countries and 145-plus currencies.
- **Currency Risk Management** — Specialist guidance and hedging products, including spot and forward contracts where permitted, designed to reduce uncertainty from exchange-rate movements.
- **Multi-Currency Accounts** — Named accounts that let businesses receive, hold and pay selected foreign currencies without opening a conventional local bank account in every market; launched publicly with 12 currencies after a pilot.
- **Global Invoice Automation** — Tools that extract international payment instructions from invoices, spreadsheets and documents to reduce manual entry and reconciliation work.
- **Integrated and Partner Payments** — APIs, ERP connections, white-label and referral models that let financial institutions and software platforms embed Corpay's payment and FX capabilities.
- **Paying Agent and Escrow** — A digital service for collecting beneficiary instructions, holding funds and executing controlled multi-party disbursements for M&A and milestone transactions.

## Achievements

- Processed more than 4.9 million payments and traded approximately $133 billion in FX in 2024, according to company disclosures.
- Reached more than 21,000 clients across more than 200 countries and 145 currencies.
- Built relationships with more than 100 correspondent banks and counterparty trading institutions.
- Mastercard completed a $300 million minority investment at an approximately $13 billion enterprise valuation in December 2025.
- Won International Payments Supplier of the Year at the 2024 Global Payroll Awards.
- Won Fintech Company of the Year at the 2024 Global Business Tech Awards.
- Named Best B2B Payments Company in the 2023 FinTech Breakthrough Awards.
- Won Best International Payments, Remittance or Use of FX at the 2023 PAY360 Awards.

## Latest updates

- **2026-06** — Launched a dedicated M&A Paying Agent and Escrow service after an 18-month build, aimed at complex multi-party and multi-currency deal disbursements.
- **2026-06** — Named exclusive official global FX partner of live-entertainment platform Fever.
- **2026-05** — Partnered with embedded-finance orchestrator AAZZUR to make Corpay capabilities easier to integrate into customer-facing financial products.
- **2026-02** — Extended its exclusive role as LIV Golf's official corporate FX provider.
- **2026-01** — Embedded enterprise-grade FX and international payments into Corpay One for European SMEs.
- **2025-12** — Closed Mastercard's $300 million investment, valuing the business at approximately $13 billion including Alpha Group.
- **2025-06** — Extended the West Ham United partnership that began in 2018.
- **2025-02** — Publicly launched Multi-Currency Accounts after a customer pilot, starting with 12 currencies.

## Links

- Website: https://www.corpay.com/cross-border
- LinkedIn: https://www.linkedin.com/company/corpay-cross-border-solutions
- Twitter/X: https://x.com/CorpayInc
- YouTube: https://www.youtube.com/@GetCorpay
- Facebook: https://www.facebook.com/corpayinc/

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Profile page: https://yespress.io/corpay-cross-border-solutions
Published by YesPress — https://yespress.io
Last updated: 2026-08-23