Corpay (CPAY), a stalwart in the fintech market, continues to grow and expand its reach significantly. Facing a
shareholder investigation, this didn't deter CPAY from securing its
partnership with West Ham United for global payment solutions, expanding its business and improving its growth. In fact, CPAY's impressive
double-digit growth sets it as an attractive GARP play. Its exclusive agreement with
West Ham United and continuous strong growth since the last earnings report highlights the firm's stability. CPAY further roped in the global spotlight when it agreed to jointly purchase payment firm
AvidXchange together with TPG in a $2.2 billion deal. This increased activity is echoed in the market as the options traders place their bets on a significant move in CPAY's stocks. Further strengthening its position, CPAY was announced as the official foreign exchange provider of the Major League Soccer. Meanwhile,
revenues continue to miss despite strong Q1 earnings and their strong collaboration with Jack Henry for International Wires. Lastly, they announced
Peter Walker as their new CFO, aiming to bolster their management team for the future.
Corpay CPAY News Analytics from Wed, 25 Sep 2024 07:00:00 GMT to Sat, 12 Jul 2025 13:39:07 GMT -
Rating 8
- Innovation 7
- Rumor -3
