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) has been ranked #39 on Newsweek's 2025 Top 100 Global Most Loved Workplaces® list. The recognition, developed in partnership with Most Loved Workplace®, a division of Best Practice Institute (BPI), is based on the Love of Workplace Index® which surveyed over two million employees worldwide.
The ranking evaluates companies based on five key areas: future outlook, career achievement, value alignment, respect, and collaboration. Additional factors considered include diversity, leadership, and professional development. Crystal Williams, Corpay's chief human resources officer, emphasized the company's commitment to creating a culture where employees are valued and supported in their professional growth.
The assessment methodology involved direct employee surveys, executive interviews, and analysis of external public ratings, focusing on companies that prioritize trust, belonging, and respect in their workplace culture.Corpay and Computer Guidance Corporation have released a case study highlighting their integrated AP automation solution's success with customer S.T. Wooten. The partnership leverages an API-based integration between Corpay's payment automation platform and Computer Guidance's eCMS ERP system, enabling real-time data exchange for construction firms.
The solution allows construction companies to automate payment workflows, improve accuracy, and reduce manual processing while maintaining data security. S.T. Wooten, a North Carolina-based heavy highway contractor, implemented the integrated solution to reduce payment friction and optimize their AP team's efficiency.
Corpay (NYSE: CPAY), a global leader in corporate payments, has announced its participation in several upcoming investor conferences in May and June 2025. The schedule includes:
- May 20: 15th Annual Barclays Emerging Payments and FinTech Forum (New York) - Fireside chat at 8:00 AM ET
- June 3: Baird 2025 Global Consumer, Technology & Services Conference (New York)
- June 4: William Blair Growth Stock Conference (Chicago) - Fireside chat at 11:20 AM CDT
- June 10: RBC Financial Technology Conference (New York)
- June 18: NYSE European Investor Conference (London)
Interested parties can access the presentations through Corpay's investor relations website at investor.corpay.com.
Mastercard and Corpay have announced a major strategic partnership in cross-border payments, with Mastercard making a $300 million investment for a 3% stake in Corpay's cross-border business unit, valuing it at $10.7 billion.
Key aspects of the partnership include:
- Corpay becomes the exclusive provider of currency risk management and large-ticket cross-border payment solutions to Mastercard's financial institutions
- Extension of virtual card collaboration between both companies
- Expansion of Mastercard Move's disbursement services to new markets and SMBs
The partnership combines Corpay's capabilities in processing payments in 160+ currencies with Mastercard Move's network reaching 10+ billion endpoints across 200+ countries. This collaboration aims to deliver enhanced corporate cross-border payment solutions, supporting both carded and non-carded transactions of all sizes.
Corpay (NYSE: CPAY) has scheduled its first quarter 2025 financial results announcement for Tuesday, May 6, 2025. The company will release its Q1 2025 earnings press release after market close, followed by a conference call at 5:00 pm ET.
The earnings call will be hosted by CEO Ron Clarke, Interim CFO Alissa Vickery, and IR Jim Eglseder. Investors can access the call through a live webcast on the company's investor relations website or by phone using the dial-in numbers (800)-445-7795 or (785)-424-1699 with Conference ID: CORPAY.
A replay will be available for one week until May 13, 2025, accessible via (844)-512-2921 or (412)-317-6671 for international callers, using replay conference ID 11158788.
CLC Lodging announces its rebranding as Corpay Lodging, strengthening alignment with parent brand Corpay, a global leader in corporate payments. With 48 years of industry experience, the company maintains its commitment to providing comprehensive workforce travel lodging solutions.
The rebrand introduces several updates, including a redesigned website and mobile app with improved user experience, an expanded hotel network, and enhanced rewards and payment solutions. Under the leadership of Ryan Guthrie, Corpay Group President of Lodging, and Mike Jeffrey, Chief Revenue Officer, the company manages $3.5 Billion in annual global business accommodation spend.
The transition enables customers to access Corpay's broader suite of financial solutions, including vehicle payments, cross-border payments, AP automation, and corporate cards. For hotel partners, the rebrand connects them with Corpay's network of over 800,000 corporate clients and offers streamlined payment processes through virtual credit card solutions.
USAA Perks® and CarAdvise have launched the CarAdvise Fuel program, offering USAA members a 5 cents per gallon discount at over 60,000 fuel locations nationwide. The program, powered by Corpay (NYSE: CPAY), includes major brands like Speedway, 7-Eleven, Casey's, ARCO, Chevron, ExxonMobil, and more.
This initiative expands upon CarAdvise's existing partnership with USAA, which has provided car maintenance savings to members since 2020. The program particularly benefits active-duty military members and their families, demonstrating USAA Perks'® commitment to supporting service members' financial well-being.
Corpay (NYSE: CPAY) has announced the establishment of a new office for its Cross-Border business in Luxembourg, marking a strategic expansion in Europe. The move aims to enhance service offerings for institutional clients and strengthen the company's presence in key financial markets.
Luxembourg, being the largest financial center in the Eurozone and third largest in Europe, presents significant opportunities as the leading jurisdiction for cross-border international fund setups. The location is particularly strategic given that nearly 50% of Luxembourg's workforce is engaged in financial services.
The expansion includes the introduction of institutional solutions such as global multi-currency accounts, global payments, and transaction support services. Roman Sokolowski has been appointed as the branch manager for the new Luxembourg office.