About Corpay
Corpay is a publicly listed company based in Atlanta (United States) founded in 2000. Software solutions for payment automation and expense management are provided. Corpay has raised $175 million across 6 funding rounds from investors including Mastercard, PNC and JPMorgan Chase. The company has 11,200 employees. Corpay has completed 6 acquisitions, including Alpha Group, AvidXchange and Foreign Currency Exchange. Its chief executive, as recorded, is Ron Clarke. Its website corpay.com draws about 222 thousand monthly visits. Corpay offers products and services including AP Automation, Commercial Cards, Cross-Border Payments, and Fuel and Fleet Payments. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its legal entity is Corpay, Inc. Its competitors include Stripe, PayPal and Flutterwave; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Atlanta, United States
- Employees 11,200
- Stage Public
- SectorsFinancial Services
- Website category Finance · Accounting and Auditing
- Website corpay.com
- Social LinkedIn X Facebook
- Legal Name Corpay, Inc.
- Annual Revenue$4.53 B (USD)13.93as on Dec 31, 2025
- Net Profit$1.07 B (USD)6.58as on Dec 31, 2025
- EBITDA$2.47 B (USD)15.01as on Dec 31, 2025
- Total Equity Funding$175M (USD)
in 6 rounds
- Latest Funding Round$300M (USD), Post-IPO
Apr 2025
- InvestorsMastercard
& 11 more
- Employee Count11,200
- Investments & AcquisitionsAlpha Group
& 5 more
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.
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.
- Total Funding $175M
- Total Rounds 6
- Last Round Post-IPO — $300M
- First Round $160M
(Jul 2005)
- Investors Count 12
All 6 funding rounds of Corpay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2025 | $300M | Post-IPO | – | – | |
| Dec 2018 | $11M | Post-IPO | – | – | |
| Apr 2009 | $100M | Series E | – | – | |
| Jun 2007 | Series D | – | – | ||
| Jul 2005 | $75M | Series D | – | – | |
| Jul 2005 | $160M | Debt – Conventional | – | – |
12 investors in total: 12 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Summit Partners is recognized as a growth equity investment firm. | summitpartners.com | Boston, United States | ||
Private equity investment firm | advantagecap.com | New Orleans, United States | ||
Private equity firm focused on multiple sectors | adventinternational.com | Sao Paulo, Brazil | ||
Private market investment solutions are offered to institutional clients. | 1982 | harbourvest.com | Boston, United States | |
Nautic Partners is engaged in middle market private equity investments. | 1986 | nautic.com | Providence, United States | |
Private equity firm focused on buyouts | 2005 | peqm.com | Greenwich, United States | |
Private equity investments are directed toward traditional industries. | 1974 | thl.com | Boston, United States | |
Private investment firm managing assets and expanding into equity, credit, and real estate services. | 1984 | baincapitalprivateequity.com | London, United Kingdom | |
Global payments are processed via card network connections. | 1966 | mastercard.com | Purchase, United States | |
Statistically driven investment strategies with donations to charities. | 1993 | bridgeway.com | Houston, United States |
Investor details for Corpay
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People of Corpay
683 people are tracked at Corpay (350 in leadership, 10 in board & advisors, 323 in team); the tracked headcount is 11,200.
| Name | Role | Group |
|---|---|---|
Ron Clarke | CEO | Leadership |
David Swartout | Vice President Of Sales | Leadership |
Thara Bacchus | Senior HR Strategic Partner | Leadership |
Sruli Lederman | Regional Director At Corpay | Leadership |
Pedro L. Donda | President - STP | Leadership |
Ronald F. Clarke | Chairman & CEO | Leadership |
Phil Nugent | Director, Strategic Sales - East Bay | Leadership |
Ricardo Faillace | Managing Director | Leadership |
Adam B. | Director, Head Of Business Development Canada | Leadership |
Chris Day | Director, Strategic Partnerships | Leadership |
Tom Shahaden | Director Of Sales At Corpay (formerly Comdata) | Leadership |
Ramakrishna Kaushik | Vp, Strategic Initiatives | Leadership |
Bruno Zukauskas | Vice President, Business Performance | Leadership |
Marisa Riguis | Director, Financial Reporting | Leadership |
Rick Fletcher | Group President, Corpay Payables | Leadership |
Dan Csont | CMO | Leadership |
Mark Frey | Group President, Corpay Cross-Border Solutions | Leadership |
Alan King | Group President, Vehicle Payments in UK, Europe, Australasia & Mexico | Leadership |
Peter A Walker | Global Chief Financial Officer | Leadership |
Britta Chambers Bezjian | Vice President Enterprise Sales | Leadership |
663 more people are available in the full profile.
Complete people profiles for Corpay
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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.
- IPO date17 Dec 2010
- Listed onNYSE: CPAY
- Listed entityCorpay, Inc.
- Exchange sectorCommercial services
- ISINUS2199481068
- Share price$399.10 (+0.36% on the day) · 2026-10-13
- Market capitalisation$26.20B
- Price to earnings24.3
- EPS (diluted, trailing year)$16.45
- Volume (last session)493,765
Financials of Corpay
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $4.53B | $1.07B | $2.47B |
| 2024 | $3.97B | $1.00B | $2.15B |
| 2023 | $3.76B | $981.9M | $2.03B |
| 2022 | $3.43B | $954.3M | $1.79B |
| 2021 | $2.83B | $839.5M | $1.55B |
Detailed financial statements for Corpay
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Financial solutions are provided by Alpha Group for corporates. | alphagroup.com | London, United Kingdom | 2009 | Jul 2025 | $2.2B | |
Accounts payable and payment automation solutions are offered for businesses. | avidxchange.com | Charlotte, United States | 2000 | May 2025 | $2.2B | |
Financing for vehicle fines and taxes is facilitated online. | gringo.com.vc | Sao Paulo, Brazil | 2019 | Feb 2025 | •••• | |
Provider of foreign exchange expertise and execution for middle market companies | gpsfx.com | South Jordan, United States | 2002 | Jun 2024 | •••• | |
AI-based invoice, payment, and accounts payable automation solutions for businesses | paymerang.com | Richmond, United States | 2010 | May 2024 | •••• | |
International currency transfers are facilitated via an online platform. | fcexchange.com | London, United Kingdom | 2011 | Aug 2016 | •••• |
Complete acquisition details for Corpay
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Timeline of Corpay
10 dated milestones of Corpay across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Corpay is founded.
- Funding First funding round of $160.0M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Foreign Currency Exchange.
- Acquisition Acquires Paymerang.
- Acquisition Acquires GPS FX.
- Acquisition Acquires Gringo.
- Funding Latest funding round, Post-IPO, of $300.0M.
- Acquisition Acquires AvidXchange.
- Acquisition Acquires Alpha Group.
Competitors of Corpay
Corpay has 3 listed competitors in our database, 3 of them funded. They include Stripe, PayPal and Flutterwave.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| paypal.com | 1998 | San Jose, United States | $216M | 27,200 | Online payment solutions are offered to consumers and businesses. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | Provider of payment processing solutions for businesses |
Detailed competitors of Corpay
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Web traffic of Corpay
The website of Corpay (corpay.com) receives about 221.7K visits a month and ranks #189,379 among all websites worldwide, #444 in Accounting and Auditing.
- Monthly visits221.7K
▲ 19% vs previous month
- Unique visitors71.5K
per month
- Global rank#189,379
among all websites
- Category rank#444
Finance · Accounting and Auditing
- Bounce rate36%
- Pages per visit3.9
- Average visit2 min 17 sec
- DevicesDesktop 57% · Mobile 43%
Websites whose visitors overlap most with Corpay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| aprio.com | 100% | 44.1K | #772,749 | View details | |
timeandpay.com | timeandpay.com | 99% | #4,771,815 | – | |
databoy.com | databoy.com | 98% | – | ||
payusa.com | payusa.com | 97% | #4,259,438 | – | |
armanino.com | armanino.com | 92% | #651,414 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Corpay
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Corpay (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Corpay
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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 CEO of Corpay, as recorded in our data.
Corpay is a funded company, having raised a total of $175M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $160M, raised on Jul 2005.
Corpay has 11,200 employees.
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, Flutterwave and PayPal.
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.