Corpay, Inc. CPAY

What this company does

Corpay, Inc. provides payment and spend management solutions, including accounts payable automation and cross-border payment solutions such as foreign exchange spot, forward and option transactions, commercial card programs such as purchasing cards, business cards and virtual cards, vehicle payment solutions such as fuel cards and toll payments, and lodging payment solutions such as hotel and extended stay bookings. As of December 31, 2025, Corpay employed approximately 11,800 associates located in 34 countries, with approximately 4,300 of those associates based in the U.S. It reports results in four segments: Corporate Payments, Vehicle Payments, Lodging Payments and Other. Within Corporate Payments, its cross-border solution sends payments to recipients in close to 200 countries and 145 currencies through a network of correspondent banks, in-country payment gateways and technology providers. Within Vehicle Payments, its tolls solution operates on the Sem Parar network, which processes transactions for more than 7.5 million tagholders on 100% of the toll roads that accept RFID across Brazil. Within Lodging Payments, it serves customers through three primary verticals: workforce, airlines and insurance. Corpay, Inc. was incorporated in 2000.

Written from the business description in Corpay, Inc's annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.