Corpay is a publicly traded corporate payments company listed on the NYSE under the ticker CPAY and a constituent of the S&P 500 index. The firm provides integrated platforms designed to manage and control how business money moves, offering automated solutions for expenses, invoices, and cross-border transactions. Its scale is significant, managing over $400 billion in annual payments for more than 800,000 business clients across upwards of 200 countries and 140 currencies.
The company's product suite addresses several core financial operations for businesses. This includes Commercial Cards for payment controls, AP Automation for accounts payable, a Cross-Border Payments platform for foreign exchange, and Fuel and Fleet Management solutions. The company also offers a platform for managing Workforce Lodging expenses.
Corpay's technology leverages AI-powered systems within domains such as payment automation, commercial card processing, and financial controls and analytics. The firm states it returned over $800 million in annual rebates to its customers.
