CPAY

Corpay, Inc., formerly FLEETCOR Technologies, is a global business payments company providing commercial payment solutions to businesses, fleet operators, and consumers. The company offers fuel cards, corporate payment cards, cross-border payments, AP automation, and other payment solutions serving diverse industries. Corpay's solutions include fleet fuel cards and management (businesses managing vehicle fleets), corporate payments (virtual cards, AP automation), and lodging payments. The company generates revenues from transaction fees, merchant commissions, and payment processing spreads. Founded in 2000 and headquartered in Atlanta, Georgia, Corpay has grown through organic expansion and numerous strategic acquisitions. The company serves hundreds of thousands of commercial clients managing billions in payment volumes annually. Corpay benefits from essential payment services, recurring revenue models, high customer retention, and opportunities for cross-selling. The company faces competitive pressures from payment processors, technology companies, and banks, along with integration challenges from acquisitions. Corpay has rebranded from FLEETCOR to reflect its evolution beyond fleet payments. The company continues to invest in technology, pursue strategic acquisitions, and expand its payment solutions portfolio.