About Corpay
Corpay is a company based in Atlanta (United States) founded in 2000. Corpay has raised $175 million across 6 funding rounds from investors including Mastercard, PNC and JPMorgan Chase. The company has 11,200 employees as of December 31, 2024. Corpay has completed 6 acquisitions, including Alpha Group, AvidXchange and Foreign Currency Exchange. Corpay offers products and services including AP Automation, Commercial Cards, Cross-Border Payments, and Fuel and Fleet Payments. Corpay operates in a competitive market with competitors including Stripe, PayPal, Flutterwave, Square and Wright Express, among others.
- Headquarter Atlanta, United States
- Employees 11200 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Phone
Locked
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Website
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Social
Locked
- Legal Name Corpay, Inc.
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Annual Revenue
$4.53 B (USD)13.93as on Dec 31, 2025
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Net Profit
$1.07 B (USD)6.58as on Dec 31, 2025
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EBITDA
$2.35 B (USD)9.05as on Dec 31, 2025
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Total Equity Funding
$175 M (USD)
in 6 rounds
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Latest Funding Round
$300 M (USD), Post-IPO
Apr 29, 2025
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Investors
Mastercard
& 11 more
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Employee Count
11200
as on Dec 31, 2024
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Investments & Acquisitions
Alpha Group
& 5 more
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IPO & Listings of Corpay
Corpay is a publicly listed company on the NYSE with ticker symbol CPAY in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Corpay
Corpay offers a comprehensive portfolio of products and services, including AP Automation, Commercial Cards, Cross-Border Payments, and Fuel and Fleet Payments.
Automates accounts payable processes to streamline vendor payments.
Provides corporate cards for expense control and rebates.
Manages international transactions and mitigates currency risk.
Offers fuel rebates and payment solutions for fleet operations.
People of Corpay
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Sales and Marketing
202 people
Leadership Team
125 people
Software Development Team
91 people
Product Management Team
51 people
Legal and Compliance
29 people
Operations Team
27 people
Finance and Accounting
24 people
Senior Team
22 people
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Funding Insights of Corpay
Corpay has successfully raised a total of $175M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $300 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Corpay
Corpay has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Mastercard, PNC and JPMorgan Chase.
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Summit Partners is recognized as a growth equity investment firm.
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Private equity investment firm
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Private equity firm focused on multiple sectors
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Investor details for Corpay
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
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Investments & Acquisitions by Corpay
Corpay has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Alpha Group, AvidXchange and Foreign Currency Exchange.
Investment portfolio details for Corpay
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Financing for vehicle fines and taxes is facilitated online.
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International currency transfers are facilitated via an online platform.
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AI-based invoice, payment, and accounts payable automation solutions for businesses
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Locked | Locked | 2010 | Locked |
Complete acquisition details for Corpay
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Corpay
Detailed financials for Corpay
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- Profit trends
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Corpay Comparisons
Peer comparison for Corpay
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Corpay
Corpay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, PayPal, Flutterwave, Square and Wright Express, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Payment processing and card issuance solutions are provided for businesses.
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Online payment solutions are offered to consumers and businesses.
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Provider of payment processing solutions for businesses
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POS solutions are provided for retail businesses.
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Employee benefit administration and payment solutions are provided for enterprises.
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Online payment processing and credit solutions are provided for businesses.
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Detailed competitors of Corpay
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
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Latest news on Corpay
Complete news archive for Corpay
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Corpay
Corpay was founded in 2000 and raised its 1st funding round 5 years after it was founded.
Corpay is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Ron Clarke is the current CEO of Corpay.
Corpay is a funded company, having raised a total of $175M across 6 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Corpay is 11,200.
Annual revenue of Corpay is $4.53B as on Dec 31, 2025.
Corpay was founded in 2000 in Atlanta, United States, within the financial technology sector. Software for automating business payments and managing expenses is offered, including features for invoice processing, transaction reconciliation, and vendor payments. Accounts payable workflows are streamlined, while employee spend is tracked and controlled. Integration with enterprise resource planning systems is enabled to support financial accuracy and compliance across operations.
Corpay's top competitors include Stripe, PayU and Flutterwave.
Corpay offers AP Automation, Commercial Cards, Cross-Border Payments, and Fuel and Fleet Payments.
Yes, Corpay is publicly traded on NYSE under the ticker symbol CPAY.
Corpay has made 6 acquisitions, including Alpha Group, AvidXchange, and Foreign Currency Exchange.
Corpay has 12 investors. Key investors include Mastercard, PNC, JPMorgan Chase, HarbourVest Partners, and Bain Capital Private Equity.
The ticker symbol of Corpay is CPAY on NYSE.