Corpay Cross-Border Named the Official Commercial FX Partner of Prima Pramac Racing

Key Terms

foreign exchange (fx) financial

Foreign exchange (FX) is the buying and selling of different countries’ currencies, like swapping dollars for euros or yen, and the market where those swaps set the price of each currency. It matters to investors because currency moves change the value of overseas profits, the cost of importing goods, and returns on international investments—think of it as the exchange rate on a shopping trip that can make the same item much more or less expensive overnight.

currency risk management financial

Currency risk management is the set of actions a business or investor uses to shield cash flows, assets or earnings from changes in exchange rates between currencies. It matters to investors because swings in foreign exchange can shrink profits, raise volatility or change the value of cross-border holdings; managing that risk is like buying insurance or locking a price today to avoid an unpleasant surprise later.

cross-border payments financial

Cross-border payments are transfers of money between people, businesses, or banks in different countries, including wages, supplier invoices, investments, and customer purchases. They matter to investors because they affect a company’s cash flow, costs, and market access—think of them as the international pipes that move funds; if those pipes are slow, expensive, or unreliable, a company’s profits and growth can be reduced.

Providing access to currency risk management and cross-border payments solutions

TORONTO--(BUSINESS WIRE)-- Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, today announced that its Cross-Border business has entered into an agreement with Pramac Racing Limited, one of the most innovative teams competing in the MotoGP World Championship. Under the agreement, Corpay becomes Pramac Racing’s Official Commercial Foreign Exchange (FX) Partner and a Premium Partner of the team.

Through this partnership, Pramac Racing will be able to utilise Corpay Cross Border’s innovative solutions to help mitigate foreign exchange exposure from their day-to-day business needs. Additionally, Corpay Cross-Border’s award-winning platform will enable them to manage their global payments from a single point of access.

“The MotoGP World Championship represents the pinnacle of motorcycle road racing, and we are honoured to be named the Official Commercial FX Partner of Prima Pramac Racing,” said Brad Loder, Chief Marketing Officer, Corpay Cross-Border Solutions. “I am confident the team will benefit from access to our comprehensive FX risk management and cross-border payments solutions, together with the deep experience we have built working with elite organizations across the global sports landscape.”

About Corpay

Corpay, Inc. (NYSE: CPAY) is a global S&P500 corporate payments company that helps businesses and consumers pay expenses in a simple, controlled manner. Corpay’s suite of modern payment solutions help its customers better manage vehicle-related expenses (such as fueling and parking), travel expenses (e.g. hotel bookings) and payables (e.g. paying vendors). This results in our customers saving time and ultimately spending less. Corpay Cross-Border refers to a group of legal entities owned and operated by Corpay, Inc.

Corpay – Payments made easy. To learn more visit www.corpay.com.

About Pramac Racing Limited

Pramac Racing is a leading team in the MotoGP World Championship, renowned for its high level of performance and commitment to excellence. After making its first appearance in MotoGP in 2002 with Honda, the team led by Paolo Campinoti switched to Ducati in 2005, becoming the factory supported team at Borgo Panigale. From 2021 to 2024 Pramac Racing was awarded the title of MotoGP Best Independent Team, most notably becoming the first privateer team to win the MotoGP Team World Championship in 2023 and winning the MotoGP Riders World Championship in 2024. In 2025 the team started its partnership with Yamaha, competing as Prima Pramac Yamaha in the MotoGP class and as BLU CRU Pramac Yamaha in Moto2.

*“Corpay” in this document primarily refers to the Cross-Border Division of Corpay, Inc. https://www.corpay.com/cross-border; a full listing of the companies that are part of Corpay Cross-Border is available here: https://www.corpay.com/compliance.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260217307697/en/

Corpay Contact:

Brad Loder

Chief Marketing Officer

Corpay Cross-Border Solutions

+1 (647) 627-6635

brad.loder@corpay.com



Pramac Racing Contact:

Elena Radina

Head of Communications

Pramac Racing

+44 7494434487

elena.radina@pramacracing.com

Source: Corpay, Inc.