FLEETCOR
Corpay, formerly known as FLEETCOR, is a global provider of financial technology services, including AP Automation, Cross-Border Payments, and Commercial Card Solutions, catering to various sectors such as healthcare and education.
Company Rebranding in 2024
In 2024, FLEETCOR underwent a rebranding process and adopted the name Corpay. This change signifies the company's evolution and its alignment with modern business and technological advancements. The rebranding also reflects the company's expanding suite of financial solutions and its commitment to enhancing its market presence.
Financial Solutions and Services
Corpay offers a range of financial solutions, including AP Automation, Cross-Border Payments, and Commercial Card Solutions. These services are designed to streamline corporate financial operations, facilitating more efficient and effective management of transactions and expenses. Corpay's solutions aim to meet the diverse financial needs of various organizations.
Industry-Specific Solutions
Corpay provides specialized financial solutions for several industries, including healthcare, education, manufacturing, and hospitality. These industry-specific services are tailored to address the unique financial processes and challenges faced by organizations in these sectors, ensuring optimal efficiency and compliance with industry regulations.
Transaction Processing and Revenue
Corpay processes over 1.7 billion transactions each year, highlighting its significant role in facilitating global financial activities. In 2023, the company generated $3.8 billion in revenue, reflecting its robust financial performance and market reach. This high volume of transactions underscores Corpay's capability and reliability in managing large-scale financial operations.
Global Workforce and Market Recognition
Corpay employs over 9,000 people across the globe, emphasizing its extensive operational footprint and diverse talent pool. The company is listed on the New York Stock Exchange under the ticker symbol CPAY and is a constituent of the S&P 500 index. Corpay has been recognized in Forbes World’s Largest Public Companies list and as a Fortune 1000 Company. Additionally, it has been named one of Newsweek’s Most Loved Workplaces, reflecting its positive corporate culture.