# Corpay

> Corpay is an Atlanta-based S&P 500 corporate payments and expense-management company. Formerly known as FLEETCOR, it serves more than 800,000 business clients with corporate and virtual cards, procure-to-pay automation, cross-border payments and currency risk management, vehicle payment systems, and workforce lodging. Its advantage is a combination of specialized payment networks, software controls, deep vertical expertise, and transaction-level data that can replace cash, paper checks, generic cards, and disconnected finance workflows.

- **Founded:** 1986
- **Headquarters:** Atlanta, United States
- **Team size:** Approximately 11,800 associates in 34 countries as of December 31, 2025.
- **Products:** Corpay Complete, AP Automation, Commercial and Virtual Cards, Cross-Border Payments, Vehicle Payments
- **Notable:** Joined the S&P 500 in 2018., Serves more than 800,000 business clients worldwide., Generated $4.528 billion in net revenue and $1.070 billion in GAAP net income in 2025.

## Products & services

- **Corpay Complete** — A mobile-ready spend-management platform combining procure-to-pay, AP automation, supplier payments, corporate cards, expense management and reporting.
- **AP Automation** — Invoice capture, purchase-order matching, configurable approvals, vendor onboarding, payment execution, ERP integration and reconciliation.
- **Commercial and Virtual Cards** — Corporate, purchasing, travel-and-expense, virtual and ghost cards with programmable controls, reporting, credit and rebate programs.
- **Cross-Border Payments** — International payments, spot FX, forwards and options, multi-currency accounts, global invoice automation, white-label platforms and APIs.
- **Vehicle Payments** — Fleet cards and payment controls for fuel, EV charging, tolls, parking, maintenance and related vehicle expenses.
- **Corpay Lodging** — Booking, negotiated hotel access, payments, reporting and traveler support for workforces, airline crews and disrupted travelers.
- **AI Virtual Assistant** — AI capabilities within Corpay Complete designed to reduce manual finance work, answer spend questions and support workflow decisions.

## Achievements

- Joined the S&P 500 in 2018.
- Serves more than 800,000 business clients worldwide.
- Generated $4.528 billion in net revenue and $1.070 billion in GAAP net income in 2025.
- Was the number-one B2B commercial Mastercard issuer in North America when Corpay Complete launched in 2024.
- Corpay Cross-Border reported 7.25 million-plus payments and $278 billion in FX transactions in 2025.
- Named among Forbes' World's Largest Public Companies and the Fortune 1000.
- Certified as a Great Place to Work.
- Crossed $1 billion in quarterly revenue for the first time in the third quarter of 2024.

## Latest updates

- **2026-08** — Reported second-quarter revenue of $1.339 billion, up 21%, with 10% organic growth; raised full-year adjusted EPS guidance while recording a $100 million preliminary FTC settlement charge.
- **2026-08** — Agreed to sell UK fleet-software businesses epyx, r2c Online and Business Gateway to OEConnection, continuing the portfolio shift toward corporate payments.
- **2026-05** — Added blockchain-based settlement through J.P. Morgan and BVNK to support round-the-clock stablecoin and tokenized-fiat disbursements.
- **2026-04** — Launched AI-powered capabilities in Corpay Complete, including a virtual assistant for finance workflows.
- **2026-04** — Completed the sale of PayByPhone to Lightyear Capital.
- **2026-01** — Expanded Corpay Lodging's two-million-property global hotel network to U.S. workforce-travel customers.
- **2025-10** — Completed the acquisition of Alpha Group International, adding B2B cross-border FX and alternative bank-account capabilities in the UK and Europe.
- **2025-09** — Expanded Mastercard Move collaboration to enable near-real-time payouts to 22 additional markets.

## Links

- Website: https://www.corpay.com
- LinkedIn: https://www.linkedin.com/company/corpay
- Twitter/X: https://x.com/corpayinc
- YouTube: https://www.youtube.com/@CorpayCrossBorder
- Facebook: https://www.facebook.com/corpayinc/

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Profile page: https://yespress.io/corpay
Published by YesPress — https://yespress.io
Last updated: 2026-08-12