Corpay, Inc.

Corpay is a payments company that helps businesses and consumers manage and pay their expenses. Its business is organized into Corporate Payments, Vehicle Payments, and Lodging Payments segments. The company offers vehicle payment solutions for fuel, tolls, parking, vehicle compliance, auto insurance, road assistance, fleet maintenance, and long-haul transportation services. It also provides corporate payment solutions such as cross-border payments, spend management, AP modernization, virtual cards, and purchasing and T&E cards. Additionally, Corpay offers lodging payment solutions for employees who travel overnight, including workforce lodging and stranded passenger services. Its portfolio also includes gifts and payroll cards.

Corpay is listed on the New York Stock Exchange (NYSE) under the ticker symbol CPAY. Its financials are reported in US Dollars (USD), as the company is headquartered in the United States and operates primarily in the US market.

Corpay is classified under the Technology sector and the Software - Infrastructure industry. This means the company provides software-based infrastructure solutions, specifically payment processing and expense management platforms, rather than manufacturing hardware or offering consumer software. Its technology-driven payment solutions cater to businesses across various sectors.

Corpay is headquartered in Atlanta, Georgia, United States. The company was founded in 1986 and was formerly known as FLEETCOR Technologies, Inc. before rebranding to Corpay in June 2002. It serves business, merchant, consumer, and payment network customers globally, with a focus on the US market.

Corpay generates revenue by providing payment solutions across three main segments: Corporate Payments, Vehicle Payments, and Lodging Payments. In Vehicle Payments, it earns fees from fuel, toll, parking, and fleet maintenance transactions. Corporate Payments generate revenue through cross-border payments, virtual cards, and spend management services. Lodging Payments earn from workforce lodging and travel-related accommodations. The company also offers prepaid food and transportation vouchers, as well as gifts and payroll cards, serving a diverse customer base including businesses, merchants, and consumers.