Corpay, Inc. provides corporate payments services for businesses through commercial cards, AP modernization, cross-border payments, vehicle payment solutions and lodging payment services. News about the company commonly covers financial results, guidance updates, investor presentations and developments across its Corporate Payments, Vehicle Payments and Lodging Payments businesses.
Company updates also focus on Corpay Complete, spend management automation, virtual cards, fleet cards, invoice and payment automation, foreign exchange services and global bank accounts. Recent operating themes include multi-rail cross-border settlement, stablecoin and blockchain-based payment capabilities, embedded finance workflows, customer and sports-related FX partnerships, and research on payment automation and expense-management practices.
Corpay (NYSE: CPAY) completed the sale of its PayByPhone mobile parking payments business to Lightyear Capital on April 6, 2026.
The transaction reduces Corpay's rest-of-year 2026 revenue by approximately $75 million, is expected to be neutral to 2026 Cash EPS, and proceeds are planned for share repurchases. The company still expects 10% organic revenue growth in 2026, inclusive of this divestiture.
TA Connections (NYSE: CPAY) expanded its disrupted passenger support for Aircalin, extending services from several Pacific and Australian stations to a broader international network.
Newly added airports include CDG, SIN, BKK, NOU, PPT, VLI, and WLS, with full implementation scheduled in the coming months.
Corpay (NYSE: CPAY) will host a virtual teach-in on its Cross-Border Business on Wednesday, May 13, 2026, beginning at approximately 3:00 p.m. ET and concluding around 4:00 p.m. ET. CEO Ron Clarke, CFO Peter Walker and Cross-Border Group President Mark Frey will lead the session.
Management will discuss Corpay’s Cross-Border franchises, competitive position, and growth drivers. Additional logistical details and presentation materials will be posted in advance on Corpay’s Investor Relations website under Events & Presentations.
Corpay (NYSE: CPAY) announced that Corpay Cross-Border is the exclusive Official Foreign Exchange Provider of the ABB FIA Formula E World Championship.
Corpay will provide FX risk management and international payment solutions to support Formula E’s global, multi-currency operations and event calendar.
Corpay (NYSE: CPAY) announced that Corpay Cross-Border has been named the Official Commercial FX Partner and a Premium Partner of Prima Pramac Racing in MotoGP.
The partnership gives Prima Pramac Racing access to Corpay Cross-Border’s FX risk management and a single-platform global payments solution to mitigate foreign exchange exposure.
Corpay (NYSE: CPAY) announced a multi-year extension of its exclusive partnership with LIV Golf as the League’s Official Corporate Foreign Exchange (FX) Provider. Corpay Cross-Border will continue supplying global payments and currency risk management solutions to support LIV Golf’s expanding international schedule and operations.
The agreement continues a relationship begun in 2024 and emphasizes ongoing integration of Corpay’s FX tools to support LIV Golf’s global growth and cross-border payment needs.
Corpay (NYSE: CPAY) announced participation in three investor conferences in Feb–Mar 2026: Bank of America Financial Services Conference (Feb 11, Miami), Raymond James Institutional Investors Conference (Mar 2, Orlando) and Wolfe FinTech Forum (Mar 10, New York).
Management will take part in fireside chats at Raymond James (2:50 PM ET) and Wolfe FinTech (10:55 AM ET). Investors can access the Raymond James presentation via the company investor relations website.
Corpay (NYSE: CPAY) announced a multi-year extension of its exclusive partnership with Rugby Australia as Official Foreign Exchange (FX) Payments Partner, continuing support for the Wallabies and Wallaroos.
Since 2023, Corpay Cross-Border has provided corporate FX payment solutions and currency risk management to Rugby Australia and its partners.
Corpay (NYSE: CPAY) reported strong fourth-quarter and full-year 2025 results, with Q4 revenue up 21% to $1,248.2M and Q4 organic revenue +11%. Adjusted EBITDA for 2025 rose to $2.6B. Full-year revenue reached $4.5B and adjusted EPS was $21.38. The company completed a large cross-border acquisition, repurchased shares, and provided 2026 guidance calling for ~16% revenue growth and ~22% adjusted EPS growth at the midpoint.
Lightyear Capital has signed an agreement to acquire PayByPhone from Corpay (NYSE: CPAY). Lightyear manages over US$7 billion and will operate PayByPhone as a stand-alone business serving more than 1,300 clients globally. Closing is expected in Q2 2026, subject to regulatory approvals.
Lightyear describes this as its 18th carveout and eighth vertical software/payments investment and plans to support product innovation and growth, with PayByPhone pursuing expansion beyond parking into broader mobility payments.